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Woke up with peace of mind… and my crypto portfolio in the green. $ETH
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Some wear stress, I wear style ✨ while charts fall 📉 $BTC
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Risk management? I just blink slower now 😵💫📉 $ETH
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#CryptoScamSurge The surge in crypto scams has reached record levels, with 2024 seeing a significant increase in fraudulent activities driven by "pig butchering" scams and the use of artificial intelligence. According to Chainalysis, crypto scam revenue hit $9.9 billion in 2024, with estimates suggesting it could rise to $12.4 billion as more scam wallets are identified. The report highlights that pig butchering scams, which involve building relationships with victims before stealing their money, saw nearly a 40% year-over-year increase. Additionally, the use of generative AI technology has enabled scammers to create realistic content and impersonate others, making these scams more convincing and harder to detect.
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Waiting for the right trade like it’s true love 💘📊 $ETH
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