Crypto Scams Increasing Rapidly, Can Make New Record Helped By AI, Donald Trump, Bitcoin

Trading in cryptocurrency has increased rapidly over the years. Along with this, scams associated with crypto have also increased. The use of Artificial Intelligence (AI) in these scams is also increasing. In many such cases, scammers befriend their victims and assure them to invest money in a fake scheme.

A blockchain analytics firm Chainalysis Report It has been told that last year, the scam related to Crypto has increased by about 40 percent. Last year, scams associated with crypto lost more than nine billion dollars. Chainalysis says that this figure can increase to $ 12.4 billion if more data is available. This will be a record of scam in this segment. Chainalysis has reported that the use of Genai for scammers has made it easier to cheat.

In the last few years, many cryptocurrency prices including Bitcoin have increased by several times. Because of this, the scams in this segment are losing a large amount of money. Such crypto scams have also increased in India. Last year, in one such case, his friend from the capital had cheated Bitcoin worth about three crore rupees. In this case, a close friend of the victim stole six bitcoins from Crypto Wallet on his mobile phone with the help of his two colleagues. Police said that the accused used several tumbers to hide the trail of stolen bitcoin. Most of the Tumblr is used to mix the cryptocurrency that can be identified with other cryptocurrency. It is difficult to detect the source of cryptocurrency stolen from this.

In this case stolen bitcoins were transferred to six wallets. In this, the accused woman went to the airport with her friend. On the way to the airport, he took the victim’s mobile to use the map for navigation. The accused woman then transferred six bitcoins from the victim’s crypto wallet to other wallets. The accused then converted these bitcoins to other cryptocurrency and obtained cash from some cryptocurrency.