A resident of Keystone, Colorado lost over $6,000 in Bitcoin after falling victim to a sophisticated crypto scam, where fraudsters posed as law enforcement officials threatening arrest for missed jury duty. The scammers had obtained sensitive personal information during the call, and an additional $4,000 transfer was in the works before law enforcement intervened. Similar incidents have been reported across the state, with scammers impersonating police officers and convincing victims to send Bitcoin to clear fake warrants. Colorado has seen a significant increase in crypto fraud, with over 1,300 cases totaling $81 million in losses documented in 2023. The FBI has issued warnings about token impersonation scams, and authorities note that crypto transactions are attractive to fraudsters due to their irreversible nature. Efforts, including private-led initiatives, have been launched to help victims of crypto scams.



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