#CryptoScamSurge 2025 is on track to become the worst year ever for cryptocurrency thefts, with the stolen value exceeding $2.17 billion by June 2025. The methods used by scammers are increasing, particularly through the use of artificial intelligence to create convincing fake content, making fraud detection more difficult.

Key types of scams:

Fake websites and applications: Scammers create websites or applications that mimic real cryptocurrency exchanges or wallets to trick victims into providing their sensitive information or sending their money. Domain names may be very similar, and the design identical to the original.

Phishing: These operations target online wallet information, such as private keys. Phishing links are sent via email or social media, leading victims to fake websites that ask them to enter this information.

Pump and Dump schemes: Scammers heavily promote a cryptocurrency or token on social media, prompting investors to buy and driving up the price. Afterwards, the scammers sell.