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 Stick to the basics as AI scams become more sophisticated than ever. 

Bitcoin scammer.
thanun vongsuravanich / Shutterstock.com

Scammers are utilizing artificial intelligence to establish fake relationships, create convincing replica websites, and automate intricate fraud schemes that once required entire teams. According to blockchain analytics firm Chainalysis, crypto scam revenue reached at least $9.9 billion in 2024. The total could rise to $12.4 billion once all data for the year becomes available.

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