
DeFi Scams Less Frequent but More Devastating in 2025
The decentralized finance (DeFi) ecosystem saw a puzzling contradictory spike from March–June 2025. And although the number of scams reported fell sharply, the financial harm caused by these fraudulent lotteries, sweepstakes, and prize promotions hit record highs. This shift marks a step backward in a more troubling trend for DeFi....