Fraud using AI-generated voices, deepfakes, and fake profiles skyrocketed nearly 456% from May 2024โApril 2025 in U.S. cities. Scammers stole over $10.7โฏbillion globally in 2024 alone .
Experts advise verifying identities and platforms, as these schemes often impersonate trusted contacts with urgent payment requests#Fraud_alert
๐ขMajor U.S. Regulation Overhaul: SECโs โProject Cryptoโ and Paul Atkinsโ Proposals
๐บ๐ฒThe U.S. SEC Chair Paul Atkins outlined sweeping reforms aimed to clarify token classifications, ease disclosure standards, and support tokenized securities launches. This marks a sharp departure from the enforcement-heavy approach of previous administrations#SECProjectCrypto
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