Surge in Crypto Investment Scams: Investors Must Stay Vigilant

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: Mar 24 2026

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Should l Buy FET?

Source: NASDAQ.COM

Scam Surge: Research from The Motley Fool reveals that over 100,000 crypto investment scams occurred in the first three quarters of 2025, resulting in billions in losses, with the average victim losing around $10,000, highlighting the escalating risks in the crypto market.
Social Media Threat: More than 38% of crypto scams originate from social media, where scammers exploit the platform's reach by spoofing accounts of well-known figures to solicit funds from investors, indicating that social media has become a primary channel for fraudulent activities.
AI-Driven Scams: The advancement of AI technology has enabled scammers to use AI-generated deepfake videos to deceive victims; in a notable 2024 case, scammers tricked employees into wiring $25 million, demonstrating the increasing sophistication of AI in scams.
Investor Precautions: Investors should remain vigilant and avoid sending cryptocurrency to unknown accounts, maintaining skepticism towards seemingly too-good-to-be-true investment opportunities, especially those learned about via social media, and ensure transactions are conducted on reputable exchanges to mitigate risks.

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About FET

Forum Energy Technologies, Inc. is a global manufacturing company serving the oil, natural gas, industrial and renewable energy industries. Its segments include Drilling and Completions and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation and intervention markets, including applications in the oil and natural gas, renewable energy, defense and communications industries. The products and solutions include capital equipment and consumable products, wireline cable and pressure control equipment, and coiled tubing strings and pressure control equipment. The Artificial Lift and Downhole segment designs, manufactures and supplies products and solutions for the artificial lift, well construction, production and infrastructure markets. Its products include well construction casing and cementing equipment, customized downhole technology solutions, and others.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Forum Energy Technologies to Present at Emerging Growth Conference

2 hours agoNewsfilter

Presentation Schedule: Forum Energy Technologies' CEO Neal Lux and CFO Lyle Williams are set to present at the Emerging Growth Conference on April 2, 2026, at 1:20 p.m. Central Time, aiming to showcase the company's latest developments and strategies to investors.
Live Webcast Access: The presentation will be accessible via FET's Investor Relations webpage and the Emerging Growth Conference website, ensuring that investors can receive real-time updates on significant company information, enhancing transparency and communication efficiency.
Company Background: Forum Energy Technologies is a global manufacturing company serving the oil, natural gas, defense, and renewable energy sectors, dedicated to providing value-added solutions that improve the safety, efficiency, and environmental impact of its customers' operations.
Investor Relations Focus: By participating in such conferences, FET demonstrates its commitment to investor relations, aiming to enhance interaction with investors through effective communication methods, thereby improving the company's image and trust in the capital markets.

Crypto Investment Scams Reach All-Time High Amid AI Buzz

Mar 24 2026Fool

Surge in Scams: According to The Motley Fool's latest research, over 100,000 crypto investment scams have occurred in the first three quarters of 2025, resulting in total losses in the billions, with the average victim losing about $10,000, highlighting the escalating risks in the crypto market.
AI-Driven Fraud: The rise of artificial intelligence has made scams more sophisticated, as evidenced by a high-profile case where AI-generated deepfake videos convinced employees to wire $25 million, indicating that AI is not only an investment tool but also a weapon for scammers.
OpenClaw Scam: Scams involving OpenClaw have proliferated, with fraudsters spoofing social media accounts and creating fake websites to lure investors into connecting their crypto wallets, leading to significant losses, as the value of the fraudulent CLAWD token plummeted from $16 million to near zero within days.
Investor Protection Tips: Investors should remain vigilant and avoid sending cryptocurrency to unknown accounts, while also being skeptical of investment opportunities presented on social media, particularly those promising quick profits, to reduce the risk of falling victim to scams.