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Story summary
- In 2025, hackers scammed music fans of more than $5 billion by impersonating Taylor Swift and Sabrina Carpenter.
- A Spikerz report attributes approximately $5.3 billion in losses to AI impersonations on X, TikTok, and Instagram.
- The findings show social media as a vulnerability linking artists and fans, causing brand damage and revenue losses.
- Scams include fake Oasis reunion tour tickets, with fans aged 35–44 targeted and average losses of £346.
