"Bitget's latest report reveals that cryptocurrency and deepfake scams have resulted in losses of more than $79.1 billion since 2022, up 245% in 2024. With the rise of AI, deepfakes are emerging as a new threat. Bitget warns that quarterly losses deepfake use could reach about $10 billion by 2025. Deepfake abuse cases increased by 245% in 2024. Social engineering and bot fraud accounted for 14.21% of deepfake-related crimes in 1Q 2024, resulting in losses of $2.03. billion."