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Crypto Market lost over $25B due to deepfake scams

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Bitget Research projects that cryptocurrency losses due to deepfake schemes and scams will exceed $25 billion by 2024, nearly doubling the losses from the previous year. Based on past Sumsub study data, the cryptocurrency exchange reported on June 27 that there will be 245% more deep fakes globally in 2024. The countries with the highest number of deep fakes discovered in the first quarter of…

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