In Texas, cryptocurrency scams have resulted in significant financial losses. According to the FBI, Texans lost over $1 billion to these scams in 2025.

This places Texas second to California in terms of the amount lost to fraudsters. Scams often involve fake investment opportunities or the use of digital currency for quick payouts that are hard to track.

Further information on the types of scams and how to protect oneself is available, including details from the Harris County district attorney's office on common scams and warning signs.