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The widespread use of AI tools has contributed to the increase in the scale of cryptocurrency scams, with scams becoming more scalable and personalized.
BlockBeats News, January 14th, according to Forbes reports, by 2025, cryptocurrency scams have become a massive criminal industry with an annual scale of at least $14 billion, mainly benefiting from the widespread use of AI tools, allowing scammers to more efficiently create fake identities, deeply forge more convincing scam content, and significantly increase the average earnings per scam. According to statistics, gangs using artificial intelligence tools can extort an average of $3.2 million from victims for each successful scam, while gangs not using artificial intelligence can extort an average of $719,000 per scam, with the former causing losses 4.5 times greater than the latter for each scam.
In the common piggyback scam of 2025, criminal gangs first establish an "emotional connection" with the victim or shape an "investment advisor" image on social platforms, then lure the victim into a fake cryptocurrency trading platform, ultimately running off with the funds. AI has made "piggyback" scams more scalable and personalized, significantly increasing the success rate and amount involved.
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