TechCapsules

AI-summarised brief · reviewed before publication

In 2025, crypto scams and fraud cost investors at least USD 14 billion, with estimates suggesting totals could surpass USD 17 billion as more illicit addresses surface. Chainalysis reports AI‑linked schemes were 4.5 times more profitable than traditional scams. The FBI notes fraudsters build trust over weeks before pushing victims toward fake platforms that demand additional deposits or “tax” fees. Kaspersky identified the Okobot malware, which harvests seed phrases, while CertiK logged USD 366.3 million in phishing losses in early 2026. Impersonation scams surged 1,400 % in 2025, and deepfake technology complicates verification.