#CryptoScamSurge Cryptocurrency scams have surged in recent years, with 2024 marking a record high and 2025 projected to continue this trend. Here's a concise overview based on available data:2024 Scam Revenue: Crypto scams generated an estimated $9.9 billion in 2024, a 24% increase from the previous year, with projections suggesting a potential rise to $12.4 billion as more scam wallets are identified.

Dominant Scam Types:Pig Butchering: Romance-based scams where fraudsters build trust to lure victims into fake investments, contributing nearly 40% of 2024’s scam revenue.

AI-Driven Scams: Generative AI, including deepfakes, fueled scams by creating realistic fake identities, websites, and content. In 2024, 40% of high-value fraud cases involved deepfake tech, with AI service vendors seeing 1,900% revenue growth.