The Federal Trade Commission (FTC) reported that U.S. consumers lost over $12.5 billion to fraud in 2024, marking a 25% increase from the previous year. Investment scams accounted for the largest share of losses at $5.7 billion, followed by imposter scams, which resulted in $2.95 billion in losses. The percentage of fraud victims who reported losing money rose from 27% in 2023 to 38% in 2024, with 2.6 million fraud reports recorded. In India, cyber fraud cases caused losses of ₹107.21 crore in the first three quarters of FY2024-25, according to government data. This follows a record loss of ₹177 crore in FY2023-24 and a cumulative loss of ₹733 crore over 11 years. The rise in fraud coincides with the rapid adoption of digital payments, with over 70% of transactions in FY2023-24 conducted via the Unified Payments Interface (UPI). Meanwhile, Spain's National Court has postponed the trial of Arbistar, a cryptocurrency platform accused of defrauding over 32,000 investors of €1,900 million. The alleged Ponzi scheme, led by Santiago Fuentes Jover, promised monthly returns of 8–15% through a fictitious cryptocurrency trading algorithm. The trial, initially scheduled for March 10, is now set to resume on March 24, 2025.