#CryptoScamSurge Crypto scams are on the rise, with a significant surge in recent years. Here are some key statistics and trends:

- *Total Losses*: Global losses to crypto scams reached $4.6 billion in 2024, with the US alone accounting for $9.3 billion in losses, marking a 66% increase.

- *Scam Tactics*: Scammers are using sophisticated methods, including:

- *Deepfake Impersonations*: AI-generated videos and fake Zoom calls to deceive victims, with a 245% surge in deepfake scams in 2024.

- *Social Engineering*: Building trust with victims before soliciting investments, often through social media platforms like Facebook, X, Telegram, and WhatsApp.

- *Ponzi Schemes*: Disguising scams as legitimate DeFi or NFT projects.

- *Targeted Platforms*: Scammers are exploiting various platforms, including:

- *Social Media*: Facebook, X, Telegram, WhatsApp, TikTok, and Instagram Reels.

- *YouTube*: Impersonators exploiting the platform to lure victims through fake giveaways and spoofed content.

- *Vulnerable Groups*: Older investors are particularly susceptible to these scams, with seniors being the primary victims of fake investment schemes.