AI-Driven Crypto Fraud Soars: Time for a Shift in Security

Recent data reveals the alarming rise of AI-powered crypto scams, with reported losses reaching over $9.9 billion last year alone. Deepfakes and synthetic identities are now mainstream tactics employed by attackers who can replicate trusted environments or even people almost instantly. While traditional security methods like audits and blacklists haven’t kept pace with this rapid evolution, the industry needs a radical shift in its approach.