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

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

Scammers became more active in 2024, ending up with an estimated haul between $9.9B and $12.4B. Chainalysis discovered high ...

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

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

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

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

The Central Bureau of Investigation (CBI) in India has announced a crackdown on criminals impersonating government officials through crypto scams. According ...

A Solana meme coin shared by Argentina's President Javier Milei skyrocketed Friday, then collapsed. Here's what you need to ...

The firm's data indicates a broader trend of rising crypto scam activities, with the number of crypto deposits into pig butchering scams, also known as romance scams, surging by approximately 210%.

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

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