‘Concerning trend’: Impersonation scams swell 1400% in 2025

In 2025, impersonation scams within the crypto sector are expected to increase by 1400%, highlighting a pressing need for caution. Experts attribute this alarming trend to the evolving nature of deception techniques, particularly those utilizing AI. Reports suggest that these scams have become increasingly sophisticated, using real company names and logos and generating fake reviews as social proof. Hence, traders and investors in the cryptocurrency market must heighten their awareness and defensive measures. To combat these scams, it is critical to approach any unsolicited communication with skepticism. Additionally, strengthening security measures and regularly monitoring accounts are recommended strategies to reduce the risk of falling victim to these malicious acts.