Crypto Scam Alert Over $2 Billion Lost in 2025 as Fraudsters Adapt
Crypto users worldwide are urged to exercise extreme caution as over $2.17 billion has already been stolen in crypto scams and hacks this year, surpassing 2024's total. This alarming surge, highlighted by a staggering $1.5 billion Bybit hack attributed to DPRK, signals increasingly sophisticated tactics by fraudsters.
"Pig butchering" (romance/investment scams), deepfake imposter scams using AI, and fake trading platforms are on the rise. Wallet compromises and phishing remain prevalent. To protect yourself: be skeptical of high returns, verify all links and sources, never share private keys, enable 2FA, and thoroughly research projects. Vigilance is paramount in this evolving threat landscape.
