Crypto, Chainalysis and Scam

Crypto scams likely hit a new record in 2024, driven by 'pig butchering' and AI, says Chainalysis
Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and become more organized.
Crypto Scam Revenue From ‘Pig Butchering,’ AI Schemes Likely Grew in 2024, Chainalysis Reports
Fraudsters raked in at least $9.9 billion and possibly as much as $12.4 billion with their methods becoming more “professionalized.”
AI-driven crypto scams could reach $15 billion in 2025, Chainalysis warns
Taking into consideration an average annual increase of 24% in scam revenue between reporting periods, Chainalysis predicts that total scam losses could surpass $15 billion in 2025.
Pig Butchering Crypto Scam Hits Nearly 40% YoY as AI Fraud Grows 1,900%: Chainalysis
In 2024, crypto scams hit $9.9B with pig butchering surging 40% and AI fraud exploding 1,900%, Chainalysis report reveals.
Chainalysis Reports 40% Surge in Pig Butchering Crypto Scam Revenue
AI adoption and infrastructure support from platforms like Huione Guarantee, leading to $9.9 billion in total losses despite lower average deposits per victim.
Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis.
Argentine Leader Draws Fire After Cratering of Crypto Coin He Promoted
The move, quickly seized upon by his political rivals, was the latest in a series that Javier Milei has made that seem to ...
Milei Pushes Crypto Token, Then Deletes Post Amid Fears of Scam
President Javier Milei advertised a crypto token meant to help local Argentine businesses, but his support was met with ...
MercoPress5h
Argentine President Milei promotes crypto scam, then deletes endorsement
Argentine President Javier Milei has admitted to promoting the $Libra cryptocurrency, which skyrocketed in value before ...
ED locks 1,646cr assets in crypto scam, accused faces 70 years' jail
Enforcement Directorate (ED) has frozen cryptocurrency assets worth Rs 1,646 crore as part of a probe into a major $2.4 ...
cryptopolitan on MSN5h
Indian authorities seize $189M in Bitconnect investment scam
Indian authorities, the Enforcement Department, have seized cryptocurrency worth Rs. 1,646 crore (approximately $189 million) ...
Seniors in an affluent S.C. community have had it with 'doggone' crypto scammers
Beaufort County reported $3.1 million in losses to crypto scams last year, including many involving bitcoin ATMs. Now it's ...
ReadWrite3d
Top British journalist falls for phishing scam as X account used for crypto
BBC Nick Robinson’s X account was hacked after a phishing scam. Hackers promoted crypto before he regained access the next ...