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What to know as cryptocurrency scams rise in Texas
Summary by Alamo Heights News Editorial Desk · Byline on the source page: Texas Tribune, Ayden Runnels , as published by KSAT 12 (ABC) - San Antonio News
· July 8, 2026
· 1 min read
Photo: KSAT 12 (ABC) - San Antonio News · view original
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Summary created by Alamo Heights News Editorial Desk — automated, rule-governed Byline on source page Texas Tribune, Ayden Runnels, as published by KSAT 12 (ABC) - San Antonio News Original story Read at the source Source published Jul 8, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points According to the FBI, Texans lost over $1 billion to such scams in 2025. In Texas, cryptocurrency scams have resulted in significant financial losses.
In Texas, cryptocurrency scams have resulted in significant financial losses. According to the FBI, Texans lost over $1 billion to such scams in 2025. This amount is second only to California in terms of the amount lost to fraudsters.
Scams involving cryptocurrency often take the form of fraudulent investment opportunities. Criminals are drawn to the digital currency due to its difficulty to track.
Further information on the most common types of cryptocurrency scams in Texas is available, including details from the Harris County district attorney's office, for those looking to learn more about the issue and how to protect themselves.
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KSAT 12 (ABC) - San Antonio News reported and published this story. Alamo Heights News selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by KSAT 12 (ABC) - San Antonio News . Alamo Heights News selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC) - San Antonio News . Have a tip or correction? Contact the editor .
Category: News ·
Published: July 8, 2026 ·
Source: KSAT 12 (ABC) - San Antonio News ·
Reading time: 1 min
Frequently asked about this story
What is this story about? In Texas, cryptocurrency scams have resulted in significant financial losses. According to the FBI, Texans lost over $1 billion to such scams in 2025. This amount is second only to California in…
When was this published? This article was first published on July 8, 2026 by KSAT 12 (ABC) - San Antonio News and curated for Alamo Heights News readers.
Who reported this story? This story was reported by Texas Tribune, Ayden Runnels at KSAT 12 (ABC) - San Antonio News. To learn more about how Alamo Heights News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from Alamo Heights News, or browse our daily briefing and topic hubs .
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