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The Scale of AI Crypto Scams in 2026 & How to Avoid Them
May 4, 2026
< 1 min read
by Maria Pagkalinawan
for CryptoPolitan
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AI Overview
TRM Labs' Chainabuse reports a 456% increase in gen-AI–enabled crypto scams between May 2024 and April 2025; Chainalysis finds 60% of deposits into scam wallets now flow to AI-enabled scams, up sharply from 2024. Accelerating AI-driven fraud raises security risks for crypto users, DeFi protocols, DEXs/CEXs and could erode adoption and investor trust, likely driving stronger on‑chain monitoring, AML measures and regulatory scrutiny.
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AI-powered scams are accelerating – and crypto users are increasingly in the crosshairs. Between May 2024 and April 2025, reports of gen-AI–enabled scams jumped 456%, per TRM Labs’ Chainabuse data. Chainalysis also finds that 60% of deposits into scam wallets now flow to scams that leverage AI tools, up sharply from 2024, underscoring how widely...
