New York officials are warning that AI-generated content and fake cryptocurrency projects are making investment fraud more convincing. Reported investment scam losses exceeded $8 billion in 2025, rising 38% from the previous year. Investment Scam Losses Rise 38% Investment scams became the costliest fraud category tracked by the Federal Trade Commission in 2025, according to […]
Source: https://news.bitcoin.com/featured/new-york-warns-of-fake-crypto-and-ai-as-scam-losses-hit-8-billion/
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