#CryptoScamSurge

#CryptoScamSurge, drawing on the latest updates from Binance and recent developments:

In early 2025, Binance flagged a sharp increase in crypto-related scams driven by sophisticated phishing, wallet‑poisoning, AI deepfakes, and SMS spoofing attacks targeting its users. February alone saw combined losses and hacks amount to approximately $1.53 billion—mainly due to the massive Bybit hack attributed to North Korea’s Lazarus Group—a 1,500% rise from January levels . On-chain phishing scams, such as address‑poisoning, resulted in over $1.2 million in victim losses, with wallet‑poisoning alone costing nearly $1.8 million in February . Binance continues combating these threats through AI‑powered fraud detection, daily scam alerts, blacklist controls, and user education to limit financial exposure.

⸻