#CryptoScamSurge CryptoScamSurge is a major concern in the cryptocurrency world right now. The surge in crypto scams has led to global losses of $4.6 billion in 2024, with AI-powered deepfakes playing a significant role. These scams are becoming more sophisticated, using synthetic videos, fake Zoom calls, and Trojan-laced job offers to deceive victims. The North American Securities Administrators Association (NASAA) warns that scammers are targeting investors across social media platforms, with 32% of likely scams originating on Facebook and X, and 31% linked to messaging services like Telegram and WhatsApp.
*Key Scam Tactics:*
- _Deepfake Impersonations_: Scammers use AI-generated deepfakes to impersonate trusted figures
- _Social Engineering_: Emotional manipulation tactics, like FOMO and romance scams
- _Ponzi Schemes_: Disguised as DeFi or NFT projects
To combat this growing threat, crypto exchanges like Bitget have launched awareness campaigns, such as "Anti-Scam Month," and established Anti-Scam Hubs to educate users and improve industry security standards. The association also emphasizes the importance of verifying links, avoiding suspicious downloads, and staying informed ¹ ².
Would you like to know more about how to protect yourself from crypto scams?