Cybercriminals are pivoting to AI-driven voice phishing scams on crypto executives for big payouts, according to a new GK8 report.

Cybercriminals are recruiting teams of professional voice impersonators to target high-level U.S. crypto executives through sophisticated phone-based social engineering attacks, with operatives earning up to $20,000 monthly in what researchers call "vishing" campaigns.

A new report from GK8 by Galaxy reviewed by Decrypt reveals how threat actors have moved beyond traditional phishing emails to build organized criminal enterprises targeting crypto leaders with personalized voice and video campaigns.

The attacks use curated executive datasets, voice impersonation, and professional infrastructure to exploit individuals who safeguard custody infrastructure and private keys—raising the risk of "large-scale crypto theft..."