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New York Warns of Fake Crypto and AI as Scam Losses Hit $8 Billion

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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. Investmen…

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New York Warns of Fake Crypto and AI as Scam Losses Hit $8 Billion
Bitcoin.com News 1h ago

New York Warns of Fake Crypto and AI as Scam Losses Hit $8 Billion

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. Investmen…