#CryptoScamSurge Crypto scams are surging globally, with significant financial losses reported. Here are some key points¹ ² ³:
- *Scam Types*:
- *Phishing Attacks*: Hackers target popular crypto data sites with fake pop-ups to steal wallet access.
- *Deepfake Scams*: AI-generated deepfakes impersonate trusted figures, promoting fake crypto investment schemes.
- *Pig Butchering Scams*: Scammers build trust over time before draining victims' funds.
- *Losses*: $4.6 billion lost to crypto scams in 2024, with a 66% increase in reported losses in the US.
- *Targets*: Senior citizens disproportionately affected, with $2.8 billion in losses reported.
- *Prevention*: Experts emphasize user education, verifying links, and being cautious of unsolicited investment offers.