JUST IN : According to a Elliptic report, the integration of AI into the crypto ecosystem has significantly enhanced the efficiency and sophistication of scams. This includes the creation of deepfakes to deceive individuals into fraudulent investments, as well as the development of scam tokens that exploit AI's ability to generate hype and manipulate prices. The report also highlights the use of AI in creating fake documents, such as employee images and marketing materials, to make scams appear more legitimate. Additionally, AI has been used to automate and streamline social media posts, enabling scammers to reach a wider audience and increase the effectiveness of their scams.