TechFlow information, January 14 — In accordance to a current Forbes report, the worldwide cryptocurrency rip-off market has reached $14 billion yearly and will develop to $17 billion. Information from Chainalysis exhibits that rip-off teams utilizing AI instruments steal a median of $3.2 million per incident—4.5 instances greater than these not utilizing AI. “Pig butchering” scams are rampant on social platforms akin to LinkedIn, Instagram, and Tinder, the place fraudsters lure victims into investing in faux cryptocurrency platforms earlier than disappearing with their funds. Legislation enforcement companies have developed monitoring applied sciences and efficiently recovered billions of {dollars} in stolen crypto property final yr. In the meantime, Grok AI on platform X is below regulatory investigation within the UK for allegedly producing unlawful content material.
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