Crypto Scam Revenue 2024: Pig Butchering Grows Nearly 40% YoY, as AI Enhnaces Scam Sophistication

According to a recent crypto crime report by Chainalysis, 2024 saw a decline in overall crypto scam revenue. However, the year still set a record in total scam-related inflows, as the current figures represent lower-bound estimates based on identified scam addresses to date. Among scam sub-classes, high-yield investment scams (HYIS) and pig butchering scams accounted [...]The post Crypto Scam Revenue 2024: Pig Butchering Grows Nearly 40% YoY, as AI Enhnaces Scam Sophistication appeared first on Tekedia.

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