To avoid tipping off the scammers, the FBI didn't reveal too many details about how it identifies victims. But in general, it ...

Fraudsters raked in at least $9.9 billion and possibly as much as $12.4 billion with their methods becoming more ...

Pig butchering scams, in which individuals are targeted and defrauded by being convinced to invest in ponzi schemes via large ...

AI adoption and infrastructure support from platforms like Huione Guarantee, leading to $9.9 billion in total losses despite ...

The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from ...

Crypto fraud revenue reached $9.9 billion in 2024, driven by pig butchering scams, generative AI, and crypto ATM exploitation.

Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and ...

In 2024, crypto scams hit $9.9B with pig butchering surging 40% and AI fraud exploding 1,900%, Chainalysis report reveals.

Taking into consideration an average annual increase of 24% in scam revenue between reporting periods, Chainalysis predicts ...

Prosecution officials indict six people, including a practicing South Korean lawyer, as part of a probe of a suspected $7.9M ...

"GenAI is amplifying scams, the leading threat to financial institutions, by enabling high-fidelity, low-cost, and highly ...

Beaufort County reported $3.1 million in losses to crypto scams last year, including many involving bitcoin ATMs. Now it's ...