#CryptoScamSurge

The term "CryptoScamSurge" refers to the significant increase in cryptocurrency-related scams. In 2024, losses from scams exceeded approximately $4.6 to $9.9 billion, with losses surpassing $2.17 billion in the first half of 2025. The most common types of scams include social engineering and phishing, which caused losses exceeding $1 billion, in addition to deepfake scams that accounted for 40% of major scams. Furthermore, "Pig-Butchering" schemes increased by 40%, and malware spread through fake bots on Telegram increased by 2000% since November 2024.