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Global encryption fraud amount may exceed $10 billion in 2024
Golden Finance reported that the blockchain research company Chainalysis warned that as cybercriminals increasingly use artificial intelligence (AI) and become more organized, the so-called romance scams have surged, and the global crypto assets fraud income reached a record level last year. According to its preliminary estimates, the company stated in a report released on Thursday that crypto assets wallets related to fraud received Cryptocurrency worth $9.9 billion in 2024. The company predicts that as more fraudulent wallets are discovered, the amount of crypto assets fraud in 2024 will rise to a record $12.4 billion. (Global Market Broadcast)