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AI, crypto and Chainalysis

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,

Reuters · 1d

Crypto scams likely set new record in 2024 helped by AI, Chainalysis says

The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis.

CoinDesk · 3d

Crypto Scam Revenue From ‘Pig Butchering,’ AI Schemes Likely Grew in 2024, Chainalysis Reports

Crypto scammers may have pocketed as much as a record $12.4 billion last year fueled, in part, by growth of so-called pig-butchering schemes ... With the continued rise of AI-powered deception ...

Business Insider2d

AI has been a boon for crypto scammers

Cryptocurrency scammers embraced AI to rake in massive profits in 2024 ... that Huione Guarantee has a big role in Southeast Asia's pig butchering industry, a type of scam in which a relationship ...

NBC Washington3d

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

Revenue from "pig butchering," a type of romance and investment scam, grew nearly 40% year over year. Scammers are using generative AI technology to facilitate crypto scams, which often entails ...

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AI, crypto and Chainalysis

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