FinCEN has linked $12.7 billion in suspected crypto scam activity to reports filed across the United States. Its analysis covered 33,904 Bank Secrecy Act reports submitted between September 8, 2023, and December 31, 2025. Financial institutions identified suspected activity affecting people across all 50 states and territories. Money services businesses submitted 18,568 reports involving $5.5 billion, representing 54.8% of total filings.