AI Deepfakes Drove 40% of High-Value Crypto Fraud Last Year: Report

Deepfake suicide, which was created from the artificial intelligence of government officials, billionaires, and celebrities, accounted for 40 % of “high -value fraud” in 2024, Peter a report open.

In the same year, $ 4.6 billion of Crypto was lost due to fraud, a 24 % increase over the previous year, the Bitget’s Anti-SCAM 2025-author with Swowmist and Eliptic.

The report said: “I have entered the coding processes in a new era – driven by Amnesty International, Social Engineering, and the deceptive project facades,” the report said. “Frauds are now taking advantage of confidence and psychology, such as technology. From the portfolio of the portfolio to fraud in millions of dollars, the attacks have become more specialized, more valid and more difficult to discover.”

According to the report, Tesla CEO of Tesla El Musk, which appeared, was distinguished by the CEO of Tesla Elusk, which appeared on fraudulent investment or gift plans. Other uses are used for dedicated deep conflicts Learn your verificationCreate virtual identities to lead investment fraud, and make fake photography attacks.

the Fraud enlargement The fraudsters see the impersonation of the executives, experts and journalists –Incurred Decipher Correspondence– To get a victim of a fraudulent video call. This may see that the attacker offers the victim a job or request an interview with them for an article that does not exist. During a fake zoom call, attackers can control the victim’s computer, steal data, and access to special encryption keys.

Bitget stated that in some cases, attackers use Deepfake tools to create video and sound to deceive the victim to join the call.

Several deep fraud operations are not new; the Elon Musk went a viral fraud first In 2022, however, with the rapid acceleration of artificial intelligence, Deepfakes began to look real. To the extent that President Trump signed the two parties Take this verb Last month, DeepFake Porn – although DeepFakes was generally not prohibited.

In May, the actor Jimmy Lee Cortis, CEO of Meta Mark Zuckerberg After discovering a fake advertisement of artificial intelligence herself to promote the product without its consent.

“The biggest threat to encryption today is not volatility – it’s a deception,” said Gressy Chen, CEO of Bitget. Release. “Artificial intelligence has made frauds faster, cheaper and more difficult to discover.”

Outside Deepfakes, social engineering and modern Ponzi plans ranked second and third as the “most dangerous” report.

By definition, social engineering fraud takes advantage of the psychology of the victims in a “low, but very effective” way, says the report. One of the most common examples is Fraud butcher pigsAnd also called a Romance fraud processHe sees that the attacker is developing a relationship with the victim only to deceive them.

As for the classic Ponzi scheme – a name yet The early twentieth century cheater Charles Bonzi– The report claims that the fraud has passed through the “digital development”.

“These fraud usually disguise new concepts such as Defi, NFTS and Gamefi, which have been filled as a collection of donations for the project, liquidity mining, or the distinctive symbol of the platform,” says the report. “Basically, they remain classic Bonzi plans where” new money fills old holes. “Once the cash flow or exit from operators and exit, the entire system quickly collapses.”

The report notes an increase in Ponzi charts that adopt “game -like users’ interfaces” and uses Deepfakes to form celebrities approvals to enhance credibility in the chart. Artificial intelligence revolutionized the fraud industry, which led to a noticeable scene only a few years ago.

“Five years ago, avoiding fraud means” do not click on suspicious links, “the report is over. Today,” don’t trust your eyes. “

Edited by James Robin