Americans Lose $2,100,000,000 in One Year As Social Media Scammers Hack Accounts, Target Victims With Ads: FTC

US regulators say people lost more money on scams perpetrated using social media than through any other medium last year. New data based on reports to the Federal Trade Commission (FTC) show that in 2025, nearly 30% of the people who lost money to a scam said that the scheme started on social media. Losses […] The post Americans Lose $2,100,000,000 in One Year As Social Media Scammers Hack Accounts, Target Victims With Ads: FTC appeared first on The Daily Hodl.