#CryptoScamSurge

๐Ÿšจ As Bitcoin surges around $120K and institutions flood in, scammers are cashing in. The crypto fraud has reached unprecedented sophistication in 2025. Here are the 8 most dangerous scams wreaking havoc right now:

1. AI Deepfakes: Fraudsters use ultra realistic AI generated videos of Elon Musk, Donald Trump, or Michael Saylor to push fake giveaways. One deepfake scam pulled in over $5M across months via YouTube streams.

2. โ€œToo Good to Be Trueโ€ Investments: Posing as savvy managers, scammers lure victims into fake platforms. In May 2025, one Australian lost $64K after being strung along for months.

3. DeFi Rug Pulls: Though incidents dropped 66%, losses spiked to $6B. Memecoins like Meteora (M3M3) and DeFi projects like Kokomo Finance vanished with millions.

4. Phishing: Fake support teams and spoofed websites trick users into revealing wallet seed phrases. One victim lost $100K after being targeted via Discord.

5. Fake Giveaways: Scammers mimic exchanges and influencers, promising double returns. They vanish once funds are sent. Always verify sources, never send crypto to โ€œwinโ€ more.