In 2024, cryptocurrency scams are reaching alarming heights, driven by the rise of “pig butchering” scams, which saw a staggering 40% revenue increase. Chainalysis reports that crypto scam revenue could hit $12.4 billion, fueled by advancements in generative AI and a growing marketplace for fraud. With a 24% annual growth in crypto fraud since 2020, victims are increasingly targeted through sophisticated schemes, including impersonation at cryptocurrency ATMs. Stay informed about the evolving landscape of crypto scams and how to protect yourself! #CryptocurrencyScams #PigButchering #GenAI #Chainalysis #CryptoFraud #InvestmentScams #CryptoATMs #FraudPrevention #BlockchainSecurity #CryptoAwareness Read more on the site: https://neuron.expert/news/
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