#CryptoScamSurge Despite the growing volatility of the market, cryptocurrency enthusiasts express cautious optimism. Bitcoin has surpassed the $100,000 barrier, driven by a wave of institutional investment, record demand for spot ETFs, and renewed public enthusiasm. This wave began with a tentative rally at the end of 2023, subsequently plummeted, and has since rebounded with strong upward momentum. The overall increase was fueled by Bitcoin's halving in April 2024, Donald Trump's pro-crypto stance, and an increasingly favorable macroeconomic climate for decentralized assets.
Slowly but steadily, real infrastructure is being built beneath the hype. Cryptocurrencies are being taken seriously, not only by tech-savvy millennials or DeFi degenerates but also by governments, asset managers, and even pension funds. In the face of persistent geopolitical tension and economic volatility, digital assets are increasingly seen as a kind of safe financial haven: neutral, borderless, and resilient.
But this fertile ground is attracting scammers.
Where there is money, there are scams. And with cryptocurrencies, scams are becoming more sophisticated, and attacks are more frequent and dangerous. The rise of generative AI has made it easier than ever to create convincing phishing schemes, fake identities, and deepfake videos, all used to steal people's cryptocurrency funds. Every year, new scams emerge, often evolving faster than many platforms or regulators can predict and react.
And the numbers are truly alarming. In 2024, Americans lost approximately $9.3 billion to cryptocurrency fraud, according to the FBI.