#CryptoScamSurge Deepfakes: Fraudsters use ultra realistic AI generated videos of Elon Musk, Donald Trump, or Michael Saylor to push fake giveaways. One deepfake scam pulled in over $5M across months via YouTube streams.

2. “Too Good to Be True” Investments: Posing as savvy managers, scammers lure victims into fake platforms. In May 2025, one Australian lost $64K after being strung along for months.

3. DeFi Rug Pulls: Though incidents dropped 66%, losses spiked to $6B. Memecoins like Meteora (M3M3) and DeFi projects like Kokomo Finance vanished with millions.