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by: xpoolPosted on: June 11, 2025

Crypto Scam Rise Fueled by Deepfakes, Driving $4.6 Billion in Losses

A new report reveals alarming statistics: global crypto scam losses surged by 24% year-over-year to reach a staggering $4.6 billion. This increase is attributed to the use of deepfake technology, which has become a prominent weapon for scammers targeting the cryptocurrency market.

Related posts:

  1. Hut 8 Warns Against Impersonation Scams: Stay Vigilant
  2. AI Safety at the Forefront: A Crucial Conversation About Ethics & Deepfakes
  3. Five Convicted in $36.9 Million Cryptocurrency Scam Targeting U.S. Victims
  4. Bitget Anti-Scam Report Highlights Evolving Crypto Scams
Cryptocurrency Deepfakes Scams

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