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Reported losses due to cryptocurrency scams involving influencers are substantial. The FBI has highlighted a notable figure, quoting a total of $5.6 billion in losses suffered by Americans in 2023 due to various types of cryptocurrency fraud, which include scams perpetrated by influencers NBC News.

Additionally, records indicate that scammers globally took home a record $14 billion in cryptocurrency scams in 2021, revealing the growth and sophistication of such fraudulent activities over recent years TIME.

Below are some images depicting the extent of cryptocurrency scams losses over the years from different sources:

These reports underscore the significant financial impact of cryptocurrency scams, particularly those fueled by influencer endorsements and promotions.