#CryptoScamSurge

#CryptoScamSurge highlights a significant and escalating rise in cryptocurrency-related fraud. In 2024, losses from crypto scams reached an estimated $4.6 billion, with some forecasts suggesting this could exceed $12 billion in 2025.

The surge is driven by increasingly sophisticated tactics, including the widespread use of AI-generated deepfakes for impersonation, "pig butchering" romance scams, fake investment opportunities, and phishing attacks. Major incidents, like a $1.46 billion theft on Bybit, underscore the scale of the problem. Staying informed, verifying sources, and exercising extreme caution are crucial for individuals navigating the volatile crypto landscape.