đš Crypto Scam Surge â What You Need to Know.
Global crypto scam losses reached $4.6 billion in 2024, up 24% from the previous year. Nearly 40% of high-value cases involved AI deepfake impersonations.
In Q1 2025 alone, authorities dismantled 87 scam rings using AI deepfakes, particularly targeting users across Asia.
Pig butchering and Ponzi-style scams remain dominantâcosting over $5.5 billion in 2024, with elaborate grooming and deception tactics.
Key risk hotspots:
đ AI-powered scams (deepfake videos, fake Zoom calls)
đ Phishing via social media and fake dApps.
đRomanceâ/investmentâstyle âpig butcheringâ schemes
đ How to Protect Yourself
- Never click links or download apps from unknown contacts or unsolicited messages
- Be skeptical of social media investment pitchesâeven if endorsed by public figures.
- Limit token approvals in your wallet; monitor and revoke permissions regularly.
- Use security tools to detect spoofed domains, revoke permissions, and trace suspicious transactions.
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đŹ Question to readers: Have you encountered any fake crypto schemes recentlyâdeepfake endorsements, suspicious investment bots, or romance scams? Share to raise awareness.