#CryptoScamSurge Crypto scams have surged to alarming levels, with losses reaching $9.3 billion in 2024, a 66% increase from 2023. The Federal Bureau of Investigation (FBI) reported over 140,000 complaints related to internet crimes, with crypto fraud making up a significant portion.

*Types of Crypto Scams:*

- *Deepfake Impersonations*: Scammers use AI-generated deepfakes to deceive victims, often impersonating trusted figures in the crypto industry.

- *Pig Butchering Scams*: Scammers build trust over time before draining victims' funds, resulting in a 210% surge in deposits linked to these scams in 2024.

- *Phishing Attacks*: Hackers target popular crypto websites and platforms, injecting deceptive pop-ups to steal wallet access.

- *Fake Investment Schemes*: Scammers create convincing websites, fake endorsements, and fabricated documents to lure victims into investing in non-existent or high-risk crypto projects.

*Vulnerable Groups:*

- *Senior Citizens*: A significant portion of losses ($2.8 billion) was suffered by Americans aged 60 and above, who are often targeted due to their limited understanding of digital assets.

*Prevention Measures:*

- *Verify Links and Websites*: Ensure you're on a secure site and be cautious of suspicious pop-ups.

- *Be Wary of Unsolicited Offers*: Avoid investing in opportunities that seem too good to be true.

- *Keep Software Up-to-Date*: Regularly update browsers and patch security vulnerabilities.

- *Educate Yourself*: Stay informed about common scam tactics and best practices for securing your crypto assets ¹ ² ³.