#CryptoScamSurge The crypto scam surge is a growing concern, with hackers and scammers employing sophisticated tactics to deceive victims. Here are some key points to be aware of:

*Types of Scams:*

- *Phishing Scams*: Hackers inject malicious pop-ups onto trusted websites, prompting users to connect their wallets and steal their funds. Changpeng "CZ" Zhao, former Binance CEO, warned about phishing pop-ups on popular crypto data sites like Cointelegraph and CoinMarketCap.

- *Deepfake Scams*: Scammers use AI-generated deepfakes to impersonate trusted figures in the crypto industry, deceiving victims into sending funds or revealing sensitive information. A report by Bitget, SlowMist, and Elliptic found that deepfakes fueled $4.6 billion in crypto scams in 2024.

- *Investment Scams*: Scammers promise unusually high returns on investments, often using fake websites, social media, or ATMs to deceive victims. The US government recently sought to seize $7.1 million in crypto tied to a $97 million oil investment scam.

*Protective Measures:*

- *Verify Authenticity*: Always verify the authenticity of websites, social media profiles, and investment opportunities.

- *Use Security Tools*: Use anti-scam tools, enable two-factor authentication, and keep software up-to-date.

- *Stay Informed*: Stay informed about the latest scam tactics and be cautious when interacting with online platforms.

*Statistics:*

- $4.6 Billion: Estimated losses due to AI-driven deepfake scams in 2024.

- $7.1 Million: Amount seized by US authorities in a recent oil investment scam.

- *210% Increase*: Reported increase in deposits linked to "pig butchering" scams, where scammers build trust over time before draining victims' funds.¹ ² ³