#CryptoScamSurge In 2025, crypto scams have surged, with fraudsters using AI to execute sophisticated schemes, costing victims billions. "Pig butchering" scams, blending romance and investment fraud, led to $9.9 billion in losses, potentially hitting $12.4 billion, per Chainalysis. AI-driven deepfake videos, like those impersonating Elon Musk, tricked users into sending crypto, with one scam netting $5 million. The U.S. seized $225 million tied to such fraud, the largest ever. Scammers exploit Bitcoin’s $111,880 peak, targeting wallets via fake apps and phishing. Staying informed, using secure wallets, and verifying platforms are key to avoiding these traps.
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