#CryptoScamSurge
According to Binance, crypto fraud losses reached about US $4.6 billion in 2024—a 24% rise year-over-year .
In H1 2025 alone, over US $2.17 billion was lost in crypto scams, including a US $1.5 billion hack at ByBit .
Deep‑fake technology is being exploited, contributing to this surge and fueling a US $4.6 billion scam wave .
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🛡️ Warnings & Protection Tips
The FBI and South Carolina law enforcement flagged a sharp increase in crypto-related fraud targeting older adults, placing SC 22nd in U.S. internet-crime reports .
Binance reminds users that scams are evolving—from fake airdrops and phishing to impersonations—and urges verification of URLs, caution with DMs, and no sharing of seed phrases .
