#CryptoScamSurge 🚨 #CryptoScamSurge: The unstoppable rise of scams in crypto in 2025
📊 Global loss overview
In the first half of 2025, more than USD 3.1 billion was lost to cryptocurrency scams and exploits, representing a growth of 456% compared to the previous year.
Binance and other players recorded losses worth USD 2.5 billion just in 2025, surpassing the total figures for all of 2024.
In 2024, pig butchering frauds accounted for approximately 50% of total scam revenues; combined with high-yield investment programs (HYIPs), they reached almost 83% of the total.
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🧠 Rising tactics
AI-driven scams: deepfakes on YouTube and cloned voices simulating CEOs or influential figures (e.g., from Ripple) are activating false “giveaways” or urgent alerts.
Phishing and address-poisoning: address labels almost identical to real ones lead to erroneous fund transfers worth millions (over USD 1.2M in 2025).
Pig butchering: scammers create long-term emotional bonds, then persuade investments in fake platforms.
Rug pulls, pump-and-dump, and Ponzi: from leveraged tokens to supposed projects that suddenly collapse after promoters withdraw.
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🔍 Recent examples linked to Binance
OTC scam on Telegram: estimated loss of USD 50 million offering tokens like $SUI, $NEAR, or Axelar through supposed exclusive discounts.
Impersonation of technical support: fake messages via SMS/email request identification videos, QR scans, or installation of fraudulent wallets, resulting in instant losses.
Fake USDT tokens on BSC: scam versions of USDT deceive unsuspecting users — always verify the address of the real contract (0x55d398…)
