The widespread use of AI tools has contributed to the increase in the scale of crypto scams, with fraudulent methods becoming more large-scale and personalized.

BlockBeats News, January 14 — According to Forbes, cryptocurrency scams in 2025 have become a massive criminal industry with a scale of at least $14 billion per year. This growth is mainly due to the proliferation of AI tools, which enable scammers to create fake identities more efficiently and produce more convincing deepfake scam content, significantly increasing the average earnings per scam. Statistics show that gangs using AI tools can successfully scam an average of $3.2 million from victims per attempt, while gangs not using AI average $719,000 per scam. The losses caused by the former are 4.5 times higher than those caused by the latter.

In 2025, common “pig-butchering” scams involve criminal gangs first establishing an “emotional connection” with victims on social media or portraying themselves as “investment mentors,” then luring victims into fake crypto trading platforms, ultimately siphoning off their funds. AI makes “pig-butchering” scams more scalable and personalized, significantly increasing both success rates and the amount involved.