CRIPTO fraud thrives in 2024. On the back of “pork mixing” and AI: report
Charanalis said the crypto banknotes were connected to the scams of 9.9 billion dollars cryptocurrency in 2024. Years, in line with their initial estimates
Boonchai Vedmakavand | Moment | Getti images
It is estimated that the Crippto’s revenue transvention was hit by the levels of records in the so-called romantic fraud as ciberminals using artificial intelligence and become more organized, Blocchain Research Chani Charancisis warns.
In the report published on Thursday, the company said the crypto banknotes were connected to the scams of 9.9 billion dollars cryptocurrent in 2024. years, in line with their initial estimates. It predicts the 2024 digit to grow for a record of $ 12.4 billion because Lancalis identifies more transferred wallets.
Charanalis has added that his annual evaluation of the fraud activity increased by an average of 24% between the annual reporting periods of 2020. years.
According to her report on his 2024, the leading reason for connecting in fraud revenues was increasing the prevalence of romantic fraud, usually known as “pigs.”
Lowering the pig is a type of investment or romantic fraud in which a fraud is building relationships with victims through social media or introduction applications, intending to exclude them from money through an investment opportunity.
The name “meat off” comes from the idea that fraud must first “diminish victims by flattering and made bonds before” mixing “or steal their money.
More victims sent to slaughter
In 2024. years, the income for the buttons of pigs increased almost 40% during the year, and the number of deposits for fraud of pigeys who grow almost 210% compared to the layout of the chain.
The company announced that those different growth rates pointed out the expansion of victims, a priority for several victims in exchange for less payments.
Although pigs for mixing pigs mainly come from large precasts in Southeast Asia, there are signs that such fraud centers began to become geographically scattered, the report said.
Last December, Nigerian Anti-Graft Agency announced an arrest of 792 people in a building, where they had banned suspects who have romantic frauds that focused on people mainly from Europe and America Reuters.
Romantic frauds often rely on victims of trafficking to commit fraud. An Laster investigation 2022 It was indicated that Chinese criminals were victims of human trafficking in Cambodia, Laos and Myanmar, forcing them to cite cyber Fraud under the threat of violence.
Although these prests are often known after starting pigs for mixing pigs, they also act for other types of frauds that can be performed online, according to Eric Heintz, a global analyst at the international mission at International Justice Chain report.
“It is not uncommon for multiple criminal groups working in the same unit focusing on various frauds,” he added.
Scam ecosystem ‘professionalize’
The dynamics of multiple criminal groups acting in a compound also materialized online by creating illegal crypto in the market and network, in line with lancelism.
First of all, this trend launched a guarantee of Huion, the online forum and Peer-to-Peer Market Chanalis says that “one-party action” for illegal actors seeking technology, infrastructure and resources to implement fraud.
The chinese language platform is associated with Huione Group, Cambodian conglomerate that offers legitimate services such as foreign remittances, insurance and, in the past, even luxury tourism offers.
According to Lancializa, the activity of the Huonea guarantee indicates that it is strongly used for the support of the pig mixing and for illegal crypts based on Cripto products and services based on CRIPTO.
One of the main services that can be found on the platform is money laundering, which fraudsters are used to conceal their illegal activity, in accordance with Lansa data.
Meanwhile, some of the illegal products found on the site include targeted data lists, web hosting services, social media accounts, and and software. In 2024. years, Huone SCAM technology suppliers received at least $ 375.9 million cryptocurrency.
From 2021. year, a guarantee for Hua and sellers who advertisement through its platforms have processed $ 70 billion in CRIPTO transactions.
“In short, the guarantee of Huion vehicles has also enabled an overspring ecosystem that is massive, growing and interconnected,” the company said in its report.
Huione Group did not answer the KNBC inquiry.
Artificial intelligence makes fools easier
In 2024. years, some of the most successful suppliers on the Huione platform were provided by the AI service providers, which saw revenues grow for 1,900% years, according to Lancaalize.
This growth indicates the explosion in the use of generative and technology to facilitate cryptic fraud, which often involves fraudsters using technique to interfere with others or create realistic content that false victims to make false investments.
The Lancaalisis report said there are dozens of software vendors that are hosted on Huyone guarantee that sells this type of SCAM and software.
According to ELADA FOUKS, the chain fraud on chain and co-founder of the alteria fraud detection application, which is cited in the report, generative AI can be used to enhance and establish crypt’s fraud and crime.
“Genai allows you to create realistic false content, including websites and lists, get scams, and more that they attack are more convincing and tending to discover,” Fouks said.
Some Huyona suppliers are even advertising “facial changes” for the cryptocurrency worth of dollars.
Since Openai’s Chatgpt started 2022 years and saw that his popularity is growing, a growing number of cases have been growing Large firms who lose millions in Deepfake deception. Such frauds use generative AI to create synthetic and false identity and voices that allow fraudulates to represent real people and bypassing identity verification controls
Charanalisis says that the potential and technology for a cropto fraud scale exponentially additionally adds challenges associated with the fight against these crimes.
The solution of cryptic frauds on the scale will require the permanent efforts of government agencies, regulators and organizations, the company said.
(Tagstotranslate) Crime (T) Technology (T) Foruda Value
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2025-02-13 16:30:00
