Crypto Scam Revenue Drops 65% in 2025: Here's Why
The crypto world has seen a significant shift in 2025. According to Blockchain analysis, crypto scam revenue has fallen more or less in line with Bitcoin pricing. Revenue from crypto scams fell to $1.6 billion so far this year, 65 percent lower than levels in July 2025, as cryptocurrency prices declined, a new report showed.
Chainalysis has released a new report explaining why 2025 saw a 65% dip in crypto scam revenue. As Illicit crypto volumes have been diminishing year-over-year, with scams making the largest drop, according to research by blockchain analytic firm Chainalysis, reports.
Why the Dramatic Drop in Crypto Scam Revenue?
Several factors contributed to this dramatic decrease. One key reason is the overall downturn in the crypto market. The The total scam revenue in 2025 currently stands at $1.6 billion, 65% less than it was through the end of July 2025, as a result of falling exchange rates for various cryptocurrencies. As the global downturn continues, the crypto scam revenue falls as well.
Nonetheless, as per the data provided by Chainalysis, revenue made from scams has decreased by 65% in 2025, compared to what it was at the end of July 2025. The decreased revenue suggests that scammers are finding it more challenging to lure victims in a bear market.
Key Takeaways from the Chainalysis Report:
- Significant Decline: Crypto scam revenue is down a staggering 65% compared to last year.
- Market Correlation: Scam revenue tends to correlate with overall crypto market performance.
- Lower Returns: Scam operators are finding it harder to generate profits in a volatile market.
While this decline is encouraging, it's crucial to remain vigilant. Scammers are constantly evolving their tactics. Stay informed about the latest scams and never invest in projects without doing thorough research. Protecting yourself from crypto scams is more important than ever.