#CryptoScamSurge 🔥 Trend Overview & Scale of Losses

In 2024, fraud revenue from crypto scams soared to $9.9 billion, with some estimates placing the total up to $12.4 billion, driven by record volumes and AI-powered scams .

Pig‑butchering scams (romance-esque fraud schemes) made up about 33% of those losses and grew ~40% year-over-year in 2024 .

Overall, global crypto fraud rose 456% between May 2024 and April 2025, incorporating a surge in AI techniques like deepfakes and voice cloning .

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🧾 Recent Figures & Regional Highlights

Q1 2025 alone saw scammers rake in $472 million, up significantly from Q1 2024’s $336 million .

By mid‑2025, over $2 billion had been stolen from crypto services—eclipsing 2024's annual total .

In Australia, crypto ATM scams led to more than AUD 3 million lost in one year, often targeting seniors and involving urgent coercion .

Indians were affected too: a Delhi "Crypto Queen" WFH scam laundered ₹17 lakh through USD$T, and a Mumbai trader was defrauded of ₹28.8 lakh via a USDT broker connection scam involving Dubai contacts .#CryptoScamSurge #CryptoClarityAct #TrumpBitcoinEmpire