Pig butchering scams have emerged as one of the most pervasive threats to cryptocurrency investors, with losses in the ...
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Crypto scams likely hit a new record in 2024, driven by 'pig butchering' and AI, says ChainalysisRevenue from "pig butchering," a type of romance and investment scam, grew nearly 40% year over year. Scammers are using ...
"GenAI is amplifying scams, the leading threat to financial institutions, by enabling high-fidelity, low-cost, and highly ...
Scams involving Bitcoin (BTC) and other cryptocurrencies hit record levels in 2024, driven by the use of artificial ...
In 2024, crypto scams hit $9.9B with pig butchering surging 40% and AI fraud exploding 1,900%, Chainalysis report reveals.
AI adoption and infrastructure support from platforms like Huione Guarantee, leading to $9.9 billion in total losses despite ...
Taking into consideration an average annual increase of 24% in scam revenue between reporting periods, Chainalysis predicts ...
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