Scammers are using AI to fuel crypto fraud schemes, IRS warns

CBS News
April 23, 2026
2 views
2 min read

Quick Insights

The Bottom Line

The IRS warns that scammers are using AI to perpetrate crypto fraud schemes.

How This Affects You

You should be vigilant against sophisticated AI-enhanced scams targeting cryptocurrency investments, as warned by the IRS.

AI Summary

The Internal Revenue Service (IRS) has issued a warning regarding the use of artificial intelligence (AI) by scammers to perpetrate crypto fraud schemes. This alert highlights a growing trend where sophisticated AI tools are being leveraged to enhance deceptive tactics in cryptocurrency-related scams. The IRS warning underscores the increasing threat to individuals and investors in the digital asset space. This development indicates a new frontier for financial crime, requiring heightened vigilance from the public and regulatory bodies. CBS News' Anna Schecter reported on these findings.

What's Being Done

The Internal Revenue Service (IRS) has issued a warning regarding AI-fueled crypto fraud schemes.

Following this story?

Get notified when new coverage appears

Other Sources Covering This Story

1 source

Multiple outlets have reported on this story. Compare perspectives from different sources.

Should this be getting more attention?

You Might Have Missed

Related stories from different sources and perspectives

IRS warns of AI-fueled surge in crypto fraud schemes
Finance

IRS warns of AI-fueled surge in crypto fraud schemes

IRS investigators say artificial intelligence is fueling a surge in cryptocurrency fraud schemes. CBS News' Anna Schecter has the details.

CBS NewsApr 23
Trump to host bash for crypto investors tied to his coin sales
Politics

Trump to host bash for crypto investors tied to his coin sales

<p>Top buyers promised access at Mar-a-Lago event as Democrats and watchdogs warn of pay-to-play risks</p><p><a href="https://www.theguardian.com/us-news/donaldtrump">Donald Trump</a> is slated to star at a cryptocurrency bash on 25 April at his Mar-a-Lago club for scores of purchasers of his crypto memecoin $Trump that has enriched him while in office. The move is fueling renewed criticism from top Democrats and ethics watchdogs that he is using the presidency for financial gains in a break with ethical norms.</p><p>The Trump-linked Fight Fight Fight LLC has hyped the event as “THE MOST EXCLUSIVE CRYPTO &amp; BUSINESS CONFERENCE IN THE WORLD”. It’s promising a luncheon with Trump as its keynote speaker, according to the <a href="https://gettrumpmemes.com/conference">memecoin’s official website</a> and its social media account.</p> <a href="https://www.theguardian.com/us-news/2026/apr/23/trump-crypto-memecoin-event-mar-a-lago">Continue reading...</a>

The Guardian US NewsApr 23
Changes loom for National Weather Service as union official warns of potential staff cuts
Government Transparency

Changes loom for National Weather Service as union official warns of potential staff cuts

The Trump administration is reorganizing the National Weather Service (NWS) and making changes to forecasting, while a key union representative warns the reorganization could involve potential staff cuts. Federal employees at the NWS’s Weather Forecast Offices, which provide people with local forecasts and severe weather warnings, have learned about impending changes to their baseline staffing…

The HillApr 22
Crypto Critic Maxine Waters’s New Primary Foe Got Over Two-Thirds of Money From Crypto
Politics

Crypto Critic Maxine Waters’s New Primary Foe Got Over Two-Thirds of Money From Crypto

Maxine Waters, the scourge of crypto, could become Financial Services Committee chair if Democrats win the House in midterm elections. The post Crypto Critic Maxine Waters’s New Primary Foe Got Over Two-Thirds of Money From Crypto appeared first on The Intercept .

The InterceptApr 18
Ben Roberts-Smith to attend first Anzac Day service since war crime charges
National Security

Ben Roberts-Smith to attend first Anzac Day service since war crime charges

<p>Former soldier says he will ‘pay my respects’ at commemoration in Queensland where he has been living since being released on bail</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>Ben Roberts-Smith will attend an Anzac Day service in Queensland on Saturday morning, describing the day as “sacred” to him, the first commemoration since he was criminally charged.</p><p>Roberts-Smith, the recipient of the Victoria Cross and once one of Australia’s most lionised soldiers, faces five charges of the war crime of murder, allegedly committed during his service with the SAS in Afghanistan between 2009 and 2012.</p> <a href="https://www.theguardian.com/australia-news/2026/apr/24/ben-roberts-smith-anzac-day-service-queensland-ntwnfb">Continue reading...

The Guardian World NewsApr 24
'America First' aid policy reshapes how U.S. delivers global health assistance
Global

'America First' aid policy reshapes how U.S. delivers global health assistance

Since the dismantling of USAID, the Trump administration has been revamping aid policies, focusing on smaller deals with recipient governments. Countries receiving American aid will be required to finance part, and eventually, the entire program. Fred de Sam Lazaro reports from Kenya and Uganda, two nations that have signed agreements under the new America First Global Health Strategy.

PBS NewsHourApr 23
Read Next
Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz
Finance

Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz

Jump in prices comes as Donald Trump says vessels will need permission of US Navy to transit key waterway.

Continue reading

Did this story change how you see things?

Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.

Share this story

Get the daily digest

Save for later

The Verity Ledger curates verified investigative journalism from trusted sources only.

See our sources