AI Tools Helped Drive Crypto Scam Losses to $14 Billion in 2025

Crypto scams and fraud took in at least $14 billion on-chain in 2025, up from a revised total of $12 billion the previous year, Chainalysis said Tuesday (Jan. 13).

The 2024 figure was revised up from the $9.9 billion Chainalysis initially reported, and the 2025 figure could exceed $17 billion as the company identifies more illicit wallet addresses in the coming months, Chainalysis said in a Tuesday blog post.

Last year’s increase was driven by a surge in impersonation tactics and the use of artificial intelligence (AI) tools, according to the post.

Impersonation scams, in which fraudsters pose as legitimate organizations or authority figures, saw year-over-year growth of 1,400%, the post said. Example seen in 2025 included scammers…

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