#CryptoScamSurge 🚨 Crypto Scam Surge: What You Need to Know

The rise in crypto scams has reached alarming levels, with AI-powered deception and social engineering fueling billions in losses. Here's a breakdown of the latest insights:

📊 Key Statistics

- $4.6 billion lost to crypto scams in 2024 alone

- $51 billion flowed into illicit crypto wallets globally

- AI deepfakes and fake Zoom calls are now common scam tactics

- Investment scams made up 71% of all crypto-related losses

- Stablecoins now dominate laundering networks, accounting for 63% of illicit flows

Emerging Scam Tactics

- Deepfake impersonations of trusted figures in crypto

- Fake staking dApps and Ponzi schemes disguised as DeFi/NFT projects

- “Pig butchering” scams: scammers build trust over time before draining funds

- Phishing attacks via social media and fake job offers