[New York State Officials Warn: AI and Fake Crypto Projects to Cause Over $8 Billion in Fraud Losses by 2025] According to a report by (Bitcoin.com) News, New York State officials have warned that AI-generated content and fake cryptocurrency projects are making investment scams more deceptive. Data from the U.S. Federal Trade Commission shows that by 2025, 144,041 consumers are expected to report investment fraud losses, totaling over $8 billion—a 38% increase compared to 2024. The median loss per report is estimated at $10,560. Scammers are leveraging deepfake celebrity endorsements, counterfeit trading platforms, fake account balances, and falsified transaction records to lure investors into transferring funds. New York State officials advise consumers to verify the identity of promoters, the authenticity of projects, and the flow of funds, while remaining vigilant against risk signals such as promises of high returns, unsolicited invitations, and high-pressure sales tactics.