Business / Apr 22, 2025

AI-driven crypto scams cause $200M in losses in Q1

Scammers use EOAs to drain wallets after approval permissions are granted. Binance’s CZ and Ashesi University’s president among latest deepfake targets. McAfee says the average American sees three deepfakes daily. Scammers are combining deepfake technology with sophisticated blockchain tactics to dupe crypto users out of millions...

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