#CryptoScamSurge

Warning: An unprecedented wave of cryptocurrency fraud is hitting the world! 🚨

The latest reports indicate that the volume of fraud in the crypto world is reaching record levels:

💸 Investment scams (HYIP) and **“Pig Butchering”** are dominating, accounting for about 83% of fraud revenues in 2024, with a technical growth rate of ~40% year-on-year.

Total losses in 2024 are estimated to be at least $9.9 billion, potentially reaching $12.4 billion.

Fraud through crypto ATMs recorded losses exceeding $65 million just in the first half of 2024, while this phenomenon has increased in various U.S. states.

Phishing scams caused losses of $2.36 billion in 2024, according to security specialists.

In 2025, theft and fraud, starting from hacking attacks to the use of artificial intelligence, exceeded $2.17 billion just during the first half of the year.