#CryptoScamSurge 🚨 The Surge: How Bad is It?

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📉 Scam Types & Who's Losing

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AI-fueled scams, including deepfake videos and voice cloning, have scaled rapidly—companies reported over $200 million in deepfake-related losses just in Q1 2025 .

🌍 Geographic Patterns & Notable Attacks

North America recorded $7.2 billion in crypto fraud losses in 2024, a 21% rise over 2023. The U.S. alone had over 18,400 scam incidents .

Asia-Pacific lost approximately $5.1 billion, with China and India driving 62% of cases .

The Middle East, Latin America, and Africa all saw double-digit growth in crypto crime rates in 2024 .

High-profile exchange hacks: North Korean-linked Lazarus Group stole ~$1.5 billion from ByBit in early 2025 .

In India, CoinDCX lost over ₹378 crore (~$44 million) in a breach where user funds remained safe but investor trust was shaken .

🧩 Why This Is Escalating

Generative AI and synthetic media fuel deepfake scams, scaling trust-based fraud at far lower cost ring operations** use long-term