Chainalysis: Fraud and AI result in $17 billion loss

Chainalysis Report

Chainalysis, a cryptocurrency analytics company, announced that fraud and AI-based cryptocurrency scams caused a total loss of 17 billion dollars in 2022. This situation is emerging as an extremely concerning development for investors.

Types of Fraud

The report emphasizes that the most common types of fraud include identity theft and scams conducted using artificial intelligence, which stand out in particular. These types of fraud target both individual investors and large-scale investment institutions.

Investors should remember to be cautious and protect their personal information when faced with such threats.