BusinessAI Boom Fuels Rise in Crypto Card Scams and Illicit Trade
Venture capitalists are heavily investing in AI, yet crypto startups still raised $10 billion in the first half of this year. An investigation reveals a surge in crypto-enabled credit and debit cards linking crypto wallets to regular payment systems. These cards help users in unstable currency regions but are also exploited by criminals and sanctions evaders, enabling purchases like American AI model subscriptions despite restrictions.
HT World·4h ago


