Crypto Scams Cost Investors $4.6 Billion in 2024, Social Engineering Attacks Surge: Bitget

Bitget’s 2025 Anti-Scam Research Report estimates that global crypto scams led to losses of $4.6 billion (roughly Rs. 39,364 crore) in 2024. CEO Gracy Chen noted that AI has made these scams faster, cheaper, and more difficult to detect.

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