Crypto Scams Likely Set New Record in 2024, Helped by AI: Report

Crypto Scams Likely Set New Record in 2024, Helped by AI: Report

[ad_1] The rise of “pig butchering” scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis. Revenue from pig butchering scams, where perpetrators cultivate relationships with individuals and convince them to participate in fraudulent schemes, increased nearly 40…

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The scams more Australians are falling for

The scams more Australians are falling for

[ad_1] Key PointsBetween April and June of this 12 months, 1,962 individuals reported being scammed on social media.On the similar time, emails and rip-off web sites accounted for one more 2,018 scams during which individuals misplaced cash.Whereas fewer people had been scammed by a phone name, on common, those that had been, misplaced better quantities….

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