Crypto scams likely hit a new record in 2024, driven by ‘pig butchering’ and AI, says Chainalysis

Crypto scams likely hit a new record in 2024, driven by ‘pig butchering’ and AI, says Chainalysis

Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimates Boonchai Wedmakawand | Moment | Getty Images Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized

Crypto scams likely hit a new record in 2024, driven by ‘pig butchering’ and AI, says Chainalysis Read More »

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