Significant Surge in AI-Powered Crypto Scams in 2024
- “Pig butchering” scam revenue increased nearly 40% from 2023 to 2024.
- Deposits into these scams rose by almost 210% during the same period.
- The average amount stolen per victim decreased by 55% in 2024.
- Scammers expanded tactics beyond romance-based schemes to include employment and home service fraud.
The rise of AI-powered “pig butchering” scams in 2024 led to a significant increase in both revenue and deposits, while the average amount stolen per victim decreased. This shift indicates a broader targeting strategy by scammers.
Source (2.6)https://hodl.press/crypto-theft-up-40-the-shocking-rise-of-ai-pig-butchering/?rand=24434
