Perhaps. Review your situation in this IRS publication 2021 Instructions for Form 4684 Casualties and Thefts
Limitation on personal casualty and theft losses page 1 states:
For tax years 2018 through 2025, if you are an individual, casualty or theft losses of personal-use property are deductible only if the loss is attributable to a federally declared disaster. Personal casualty and theft losses attributable to a federally declared disaster are subject to the $500 per casualty limitation.
Losses From Ponzi-Type Investment Schemes on page 7 states:
The IRS has issued the following guidance to assist taxpayers who are victims of losses from Ponzi-type investment schemes.......
[Edited 3/24/2022 5:29 PM PST]
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