Security· ★★★· bearish·

TRM Labs: Deepfake Scam Losses Up 263% in Early 2026

  • —Deepfake scam losses in early 2026 were 263% higher than in all of 2025
  • —TRM's AI-in-Crime Adoption Index rose from 28 points in 2024 to 54 in 2026
  • —Deepfake toolkits cost about $3,000 a year, with face-swap models from $500
  • —Deloitte projects US losses from generative-AI fraud to reach $40 billion by 2027
Why it matters: Deepfakes are defeating video-based KYC checks at crypto exchanges, creating direct risks for platforms and their users.
Source: Incrypted
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