The Functional Technologist

The Functional Technologist

Artificial Intelligence

The Dark Side of Innovation: AI and Crypto Scams Surge While Media Stays Silent

Michael "Thunder" Phillips's avatar
Michael "Thunder" Phillips
Jul 08, 2025
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While Silicon Valley and Washington elites continue to sing the praises of artificial intelligence and cryptocurrency as the harbingers of a new digital economy, average Americans are quietly losing billions to some of the most sophisticated scams ever devised. In 2025, AI and crypto scams have exploded in scale, complexity, and impact—yet you’d hardly …

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