Security
New York Consumer Alert Flags AI Bitcoin (BTC) Scams Behind $8B Losses
COINOTAG·August 29, 2026·1 min read
New York's consumer protection alert ties AI deepfakes and fake crypto projects to $8B in 2025 investment scam losses, up 38%, with a $10,560 median loss. The alert highlights the growing threat of AI-enabled fraud in the crypto space, urging investors to be cautious.
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