AI is fueling a surge in crypto fraud schemes, IRS investigators say. For one victim, "There's nothing left."
- Apr 26
- 1 min read
CBS NEWS — Kyle Holder's entire life savings were stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her. Her $300,000 in retirement and savings accounts, saved over decades, disappeared into the cryptocurrency universe in under three months.
Holder was one of thousands of Americans swindled out of a total estimated at $20 billion by way of cyber theft in 2025, according to the FBI. More than half of those funds were in cryptocurrency.
Read the full story | CBS NEWS
