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Google is citing a trillion dollars lost to crypto #AI scams (just on mobile devices!) in its new security blog posting.
A trillion. fucking. dollars.
Now i don't know how reliable that number is but i also don't doubt for a second that the real number is something like that, within maybe an order of magnitude.
I don't think there's too many examples in human history when non-state actor criminal groups controlled nation state levels of assets like this. in the biggest picture this is what is destabilizing the world. these guys paid for #Brexit, they paid for the #Trump campaign, took over countries in SE Asia, and so on. and it's all facilitated by crypto, mostly #Tether, #JustinSun, and #HowardLutnick.
and it’s going to get a lot worse.
https://security.googleblog.com/2025/03/new-ai-powered-scam-detection-features.html
I don't know that GASA is any more reputable than Google in this regard, but for the record here's the source where Google got the $1 trillion number - which is crazy.
@alatartheblue it's a very believable number to me, speaking as someone who has been following this stuff incredibly closely for years.
I believe you about the number. It’s just crazy.
@alatartheblue it's legitimately world destroying