Crypto Impersonation Scams Surge 1,400% in 2025, Chainalysis Reports
Crypto Impersonation Scams Surge 1,400% in 2025, Chainalysis Reports
Analysis by Chainalysis reveals a staggering 1,400% increase in impersonation scams targeting crypto users in 2025. Scammers are leveraging AI and voice cloning technologies, leading to billions in losses and highlighting a significant threat to digital asset holders.
Impersonation Scams Explode in Crypto Space
The year 2025 saw an alarming proliferation of impersonation scams, skyrocketing by approximately 1,400% and contributing to some of the most substantial losses recorded in crypto fraud to date. A detailed analysis conducted by Chainalysis indicates that fraudsters are increasingly utilizing advanced tools such as AI, voice cloning, and sophisticated fake customer-support schemes to amplify their attack vectors. These scalable tactics have pushed the total scam losses on-chain into the low-double-digit billions, underscoring a growing and evolving threat landscape for participants in the cryptocurrency market.