#CryptoScamSurge Crypto scam activity has skyrocketed, with total fraud losses in 2024 estimated at $4.6 billion, up ~24% from 2023 — AI‑driven deepfakes and phishing dominate the rise. “Pig‑butchering” schemes alone cost investors over $5.5 billion via prolonged romantic or investment deception

cointelegraph. Experts warn that 2025 could become the worst year yet for crypto scams, as generative AI enables scalable impersonations and social engineering hacks masquerading as job offers or fake reward airdrops. As scam rings grow more professional, victims increasingly lose sizable funds before suspecting fraud. Vigilance, verification, and stronger regulations are key to stemming the surge.