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As AI-driven fraud explodes, platforms like Sumsub are redefining online trust
Yahoo Finance· 2025-10-07 23:38
By 2025, the rise of artificial intelligence has transformed fraud from an inconvenience for crypto users into a systemic issue that could shake the entire industry. While AI empowers stronger defenses, it also gives fraudsters the tools to create more sophisticated scams, making the problem more urgent than ever. The escalation of fraud is a cause for concern. In the first quarter of 2025, U.S. deepfake fraud attempts surged by a staggering 1,100%, while synthetic identity fraud saw a near 300% rise. T ...