#CryptoScamSurge

Huge increase in cryptocurrency fraud operations

🔍 How serious is the matter?

• Global losses from cryptocurrency-related fraud in 2024 exceeded $14.5 billion, a 23% increase compared to 2023.

• More than 58,000 cases of cryptocurrency fraud have been recorded worldwide.

• "Pig Butchering" fraud, a type of scam that combines romance and investment promises, caused losses exceeding $5.5 billion in 2024.