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

The US Department of Justice has accused Satish Kumbhani, an Indian national and founder of BitConnect, of orchestrating one ...

The Federal Bureau of Investigation (FBI) has announced a new anti-scam initiative, Operation Level Up, stating that it has ...

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.

Romance scams cost US victims over $1 billion in 2023. Authorities warn of rising online fraud, as tech firms crack down on ...

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

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

AI crypto scams are rising fast, with fraudsters using AI tools to impersonate people and steal funds. Learn how AI is ...

FBI's Operation Level Up stopped crypto scammers, saving Americans $285M and intervening for 4,300+ victims in one year.

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

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