AMLBot: 65% of Crypto Thefts are Social Engineering

AMLBot 2025 Report: 65% of Crypto Incidents from Access Errors

According to blockchain analysis firm AMLBot’s 2025 report, approximately two-thirds of the crypto incidents it examined were due to social engineering, stemming from access and response errors rather than technical exploits. In the firm’s analysis based on 2,500 internal investigations, 65% of incidents consisted of device takeovers, weak verification, and delayed detection issues, while investment scams 25%, phishing attacks 18%, and device breaches 13% were the most common categories.

Percentage of crypto theft cases by fraud category. Source: AMLBot

Most Common Scam Types: Pig Butchering and OTC Scams

Pig butchering scams accounted for 8%, OTC scams 8%, and chat-based impersonation attacks 7%. These categories lead to private key sharing through emotional manipulation of investors. AMLBot CEO Slava Demchuk noted that impersonation attacks in the last three months caused at least 9 million dollars in losses, recommending never sharing private keys and recovery phrases, and using 2FA and cold wallets against urgent transfer requests.

CertiK January Data: Phishing Caused 311 Million Dollars in Damage

According to CertiK data, crypto scams in January caused 370 million dollars in damage, of which 311 million was from phishing. The monthly distribution chart shows a steady increase in social engineering cases.

Percentage of crypto theft cases per month. Source: AMLBot

Source: CertiK

Scam Risks Increase in BTC Bearish Trend

Today BTC price is at 67,418.66 USD with a 0.94% decline, RSI 34.14 (oversold), Supertrend bearish. Supports: 62,909 USD (strong, -6.62%) and 60,000 USD. In this downtrend, panic sales trigger phishing and impersonation attacks. Click for BTC detailed analysis. Hive Blockchain reported 91 million dollars impairment loss, Metaplanet reported 619 million dollars BTC value loss (holds 35,102 BTC); market volatility fuels scams. Be cautious in futures: BTC futures.