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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.”

Photo of hands on a keyboard in a darkened room. (Unsplash)
Crypto scammers may have pocketed as much as a record $12.4 billion last year. (Unsplash)