
Crypto Scam Revenue From ‘Pig Butchering,’ AI Schemes Likely Grew in 2024, Chainalysis Reports
Fraudsters raked in at least $9.9 billion and possibly as much as $12.4 billion with their methods becoming more “professionalized.”

Crypto Investors Lost Over $500M in Memecoin Rug Pulls and Scams in 2024
The majority of scams involved gaining access to notable people's social media accounts through social engineering.