Adventures of a Sage

Feeling the rush as your crypto investments grow? So are cybercriminals. The surge in digital assets has attracted not just new investors, but also a wave of sophisticated cyber fraud. Staying informed about the latest crypto scam tactics is no longer optional—it’s essential. The $51 Billion Wake-Up Call According to Chainalysis, stolen crypto funds could surpass $51 billion in 2024 , a record-breaking figure. Almost half of these thefts stemmed from private key compromises—meaning the hackers didn’t need to crack a system, just fool a person. And with North Korean state-sponsored hackers leading global crypto theft, the stakes are higher than ever. Evolving Tactics You Need to Know “Pig Butchering” Scams This elaborate con involves building a long-term relationship—often through social media or dating apps—then slowly encouraging the victim to invest in a fake crypto platform. Once a significant amount is deposited, the scammers vanish. Losses have reached tens of millions from a sin...