AI Deepfakes Drive $4.6B Surge in Crypto Scams, Report Finds

AI Deepfakes Drive $4.6B Surge in Crypto Scams, Report Finds

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The rise of artificial intelligence increases a sharp increase in coding fraud, as Deepfake technology leads an increase in advanced fraud, according to a new report.

In the first quarter of 2025, at least 87 frauds were dismantled using DeepFakes that were created from artificial intelligence, According to To the SCAM Research report for 2025, co -authored by Crypto Exchange Bitget, Slomist Slomist, and the provider of elliptical analyzes.

The report also reveals that encryption fraud amounted to $ 4.6 billion in 2024, which represents a 24 % increase from the previous year. Nearly 40 % of high -value fraud involve Deepfake technologies, with increasingly fraudsters use advanced suggestions of public figures, founders and executives platforms to deceive users.

Distribution of security incidents in 2024 Source: slow

Related to: How artificial intelligence and Deepfakes feed new encrypted currencies

“The speed in which the deceptions can now generate synthetic videos, along with the viral nature of social media, Deepfakes gives a unique advantage in each of the credibility,” said Grass Chen, CEO of Bitget.

Deepfakes pose new threats

The report shows the autopsy of modern encryption processes, referring to three dominant categories: the suggestions created of artificial intelligence, social engineering plans, and Bonzi -style fraud behind decentralized financing (Defi) or Gamefi projects. He warned against Depicks, especially difficult to discover.

Amnesty International can simulate text, voice messages, facial expressions and even procedures. For example, fake video approvals for investment platforms are from public personalities such as Prime Minister in Singapore and Eileon Musk tactics used to exploit public confidence via a telegram, x and other social media platforms.

A fake video for Prime Minister in Singapore Lee Hsin Long Source: The morning newspaper, Liani

Amnesty International can even simulate reactions in the actual time, making these fraud processes that are increasingly distinguishing from reality. Sandeep Nearwal, co -founder of the Blockchain platform, co -founder, The alarm raised on May 13 on xAnd he revealed that the bad actors were holding a personality by zooming.

He stated that many people have contacted him on Telegram asking whether he is on a call to enlarge with them and whether they are asking them to install a text.

Related to: The FBI says artificial intelligence fraudulents impersonate the US government personality.

SlowMist Yu Xian CEO urged users to verify the legitimacy of zooming links and domain names to avoid a victim of video -based fraud.

SlowMist CEO publishes a warning towards Deepfake Source: Zucchini

New fraud threats call for more intelligent defenses

As Deepfake’s fraud increases, security experts say education and vigilance are very important. For institutions, regular security training and strong technical defenses are necessary, according to the report. Companies are advised to run clips, e -mail protection and code for leaks. The report added that building the first security culture-where the employees come true before they trust-is the best way to stop the fraud before they start.

The Guideline principle for the prevention of fraud: SCAM 2025 Control Report

Chen showed users every day a direct approach: “Check, isolate, and slow down.” She added:

“Always verify information through official web sites or reliable social media accounts – never rely on joint links in Telegram chats or Twitter comments.”

Chen also stressed the importance of isolating risky procedures using separate wallets when exploring new platforms.

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