Crypto scam revenue is projected to reach $14 billion in 2025, with potential adjustments pushing it above $17 billion as more fraudulent addresses are identified, according to Forbes. Chainalysis reports that scam groups using AI tools average $3.2 million per scam, significantly higher than the $719,000 average for those not using AI. AI technologies, such as fake identity generation and deepfakes, are exacerbating the prevalence and success of social engineering scams.
Crypto Scam Revenue Could Reach $17 Billion in 2025, AI Increases Fraud Success
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