#CryptoScamSurge Crypto Scam Surge: A Rising Threat in 2025
In early 2025, crypto scams exploded in both volume and sophistication. Losses surged past $4.6 billion in 2024 and escalated even further in Q1 2025, partly driven by deepfake impersonations and multi-stage scams fueled by AI . Among these, pig‑butchering romance scams alone drained over $5.5 billion across 200,000 identified cases in 2024—a 40% increase from the year before . Telegram-based fraud surged 2000% within months, while phishing, Ponzi schemes, fake staking apps, and SMS fraud became everyday threats across platforms like Facebook, X, and WhatsApp . The rapid growth in scams is a clear warning: deception, not volatility, is today's biggest crypto risk.#CryptoScamSurge