Cryptocurrency fraud has resulted in substantial financial losses in recent years, with nearly $4 billion lost to crypto scams in 2024 alone. The first quarter of 2025 saw over $1.7 billion stolen, driven by phishing attacks, exchange breaches, and increasingly sophisticated AI-driven scams. Notable incidents include a $699,990 loss in USDT due to an address poisoning attack, the largest of 2025, and another case where $467,000 in DAI was drained in a single copy-paste scam. Since early 2025, 96 major phishing incidents involving wallet drainers and address poisoning have been recorded, totaling approximately $22 million in losses. Additionally, the blockchain-based inflation data platform Truflation suffered a malware attack last year, resulting in losses of about $5.2 million. Experts emphasize the importance of compliance tools and security measures, such as browser extensions like CryptoGuard and antivirus solutions like Web3 Antivirus, to protect users from these growing threats. Warnings have also been issued about the rise of pyramid scheme frauds involving crypto assets and securities.