#CryptoScamSurge ||Types of Scams:
Deepfake Scams: Scammers use AI generated deepfakes to impersonate trusted figures, promoting fake crypto investment schemes. These deepfakes can be videos, voice messages, or even text messages.
Pig Butchering Scams: Scammers build relationships with victims on dating apps or social media and persuade them to invest in crypto scams. This type of scam has seen a 210% surge in deposits in 2024.
High-Yield Investment Scams: Scammers promise high returns on non-existent or high-risk crypto projects, often using deceptive tactics to make their offerings appear legitimate .
Statistics:
$4.6 billion: Global losses to crypto scams in 2024, with a 24% increase from the previous year.
87: Number of deepfake scam rings dismantled in the first quarter of 2025.
- $9.3 billion: Estimated losses to crypto-related fraud in the United States in 2024, a 66% increase from 2023.
Protective Measures:
Verify Information: Always verify information through official websites or trusted social media accounts.
Isolate Risky Actions: Use separate wallets when exploring new platforms.
Be Cautious: Be wary of opportunities that seem too good to be true, and investigate before investing $XRP