February 16, 2025

In today’s rapidly evolving digital landscape, artificial intelligence (AI) has emerged as both a tool for innovation and a weapon for deception. According to Chainalysis, crypto scams likely hit a new record in 2024, fueled by sophisticated tactics like “pig butchering” and AI-driven fraud (CNBC, 2025). These scams exploit human emotions—trust, greed, and love—to siphon billions from unsuspecting victims worldwide. The rise of AI technology has made it easier than ever for scammers to scale their operations, automate deception, and evade detection. It’s imperative that government agencies and regulators take this threat seriously before it spirals further out of control.

Let’s dives into how AI powers crypto scams, and provides actionable steps you can take to protect yourself. Let’s get started!