#CryptoScamSurge

Cryptocurrency scams continue to erode market trust, causing significant losses in 2025. In total, it is estimated that crypto fraud reached USD 12 billion in 2024, with a 40% increase compared to the previous year, driven by models such as fraudulent investment programs and the so-called "pig butchering".

Three relevant cases from the past year:

1. Phishing of Coinbase users: in March 2025, victims lost over USD 46 million after interacting with fake sites that mimicked official interfaces, stealing private keys.

2. YieldMax (DeFi rug pull): in March 2025, a decentralized protocol disappeared with over USD 80 million raised from investors, leaving worthless tokens.

3. Scam with fake token $TEA: in early 2025, a project promoted on networks like X and Telegram raised USD 500,000 before evaporating.

These frauds not only cause direct economic losses but also impact the reputation of the crypto ecosystem. Authorities warn that the evolution of attacks using AI, deepfakes, and automated bots makes deceptions more sophisticated and harder to detect.