Fraud using AI-generated voices, deepfakes, and fake profiles skyrocketed nearly 456% from May 2024–April 2025 in U.S. cities. Scammers stole over $10.7 billion globally in 2024 alone .
Experts advise verifying identities and platforms, as these schemes often impersonate trusted contacts with urgent payment requests#Fraud_alert
📢Major U.S. Regulation Overhaul: SEC’s “Project Crypto” and Paul Atkins’ Proposals
🇺🇲The U.S. SEC Chair Paul Atkins outlined sweeping reforms aimed to clarify token classifications, ease disclosure standards, and support tokenized securities launches. This marks a sharp departure from the enforcement-heavy approach of previous administrations#SECProjectCrypto