Scam Sniffer: 2025 crypto phishing losses plunged 83% to $83.85 million

Global crypto phishing losses fell 83% in 2025 to $83.85 million, with victims down 68% to 106,106. Quarterly losses shifted with market cycles, peaking at $31.04 million in Q3 and easing to $13.09 million in Q4. Permit-based signature exploits drove large incidents, including a $6.5 million theft in September.