Cryptographic scammers may have pocketed up to a record of $ 12.4 billion last year fed, in part, by the growth of the so -called pig butchering schemes, said Blockchain Chaindalysis analysis firm.
The income of the scammers of such schemes, in which they build the confidence of the victims before convincing them of making fraudulent investments of cryptography and appointing the name of the practice of swine fattening before the sacrifice, increased 40% to at least $ 9.9 one billion.
While law enforcement agencies worldwide have signed up for such operations, scammers have refined their tactics, according to Chainysis. The scammers take advantage of artificial intelligence and are expanding their networks in multiple countries, increasingly professionalized, according to the report. The general scam activity has increased by 24% per year on average since 2020.
The chain of the chain highlighted platforms such as Huione Garante, a market of equal to the same, he says, it works as a “unique window” for the needs of the scammers. These services include money laundering, social network management or sale data, among others. According to Chainysis, Huione guarantees, he received at least $ 375.9 million in cryptocurrencies in 2024.
The scammers direct the victims to falsify investment platforms, convincing them to send funds to the wallets they control. Once the money is transferred, the victims cannot withdraw it and the scammers disappear.
Although the authorities have progressed in the monitoring and closing of fraudulent operations, the large volume of scams shows the challenges ahead. With the continuous increase of the deception driven by AI, the chain analysis warns that more aggressive countermeasures may be needed to curb fraud related to cryptography.
Discharge of responsibility: parts of this article were generated with the assistance of the AI tools and reviewed by our editorial team to guarantee the precision and compliance with our standards. For more information, see Coindesk’s complete policy.
