Crypto crime 2025: The full scale revealed in new report
A new report by Chainalysis has estimated that a whopping US$17 billion (approximately AU$25 billion) was lost to crypto scams last year, with much of this being attributed to the increased impersonation scams, which grew year over year (YoY) by 1,400 per cent.
Payment values in impersonation crypto scams also saw a major increase, growing by 600 per cent.
You’re out of free articles for this month
Like many other trends and reports emerging in cyber crime, AI-enabled and -supported scams are continuing to increase in prevalence. Additionally, they are reportedly more profitable for criminals, generating 4.5 times more revenue in each scam.
Will Lyne, head of economic and cyber crime at the UK Metropolitan…
