Crypto, Chainalysis and Scam

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.”
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.
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.
AI-driven crypto scams could reach $15 billion in 2025, Chainalysis warns
On-chain analytics platform Chainalysis has warned that cryptocurrency scams could surge over the coming year with the support of artificial intelligence. According to a February 13 report from Chainalysis,
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.
Crypto scams set for biggest year ever due to AI: Chainalysis
Fueled by the growth of AI and professional scamming support services, crypto scammers could have their biggest year yet in 2025.
Chainalysis reports surge in pig butchering crypto scams
The firm's data indicates a broader trend of rising crypto scam activities, with the number of crypto deposits into pig butchering scams, also known as romance scams, surging by approximately 210%. This suggests an expansion in the victim pool for such scams, which typically originate from Southeast Asia but now involve scammers dispersed globally.
PCMag on MSN17h
FBI Is Calling Crypto Scam Victims in Bid to Stop Further Financial Loss
To avoid tipping off the scammers, the FBI didn't reveal too many details about how it identifies victims. But in general, it ...
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 ...
Inside Bitcoins16h
Thai-Chinese Operation Seizes $2.5M in Crypto from Scam Suspects
Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be ...
ReadWrite1d
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 ...