Bitget Unveils Its 2025 Anti-Scam Report Amidst Rising Crypto Fraud Losses, Showcasing the Growing Threat of AI-Driven Scams and Introducing New Protection Initiatives, Including a $500M Fund and Anti-Scam Hub in Partnership with Blockchain Experts

    Bitget's 2025 Anti-Scam Report highlights AI-driven scams and unveils a $500M fund to protect users from rising fraud.

    Bitget Unveils Its 2025 Anti-Scam Report Amidst Rising Crypto Fraud Losses, Showcasing the Growing Threat of AI-Driven Scams and Introducing New Protection Initiatives, Including a $500M Fund and Anti-Scam Hub in Partnership with Blockchain Experts

    Quick Take

    Summary is AI generated, newsroom reviewed.

    • AI-powered scams are on the rise, with scammers using deepfakes and cross-chain bridges to steal crypto.

    • Bitget partners with SlowMist and Elliptic to enhance security and protect users through its Anti-Scam Hub.

    • Bitget's $500M Protection Fund aims to address increasing crypto fraud losses, which totaled $4.6 billion in 2024.

    Bitget, one of the top cryptocurrency exchanges, has announced its Anti-Scam Research Report for 2025 together with SlowMist and Elliptic. This report was delivered in June, during Anti-Scam Month, by the company to reveal the ongoing increase in crypto scams. It is now known that global crypto scams led to losses of $4.6 billion in 2024, which highlights how fraud techniques are getting more complex. In addition to looking for ways to improve safety and awareness, Bitget created the Anti-Scam Hub and the $500M Protection Fund for added protection.

    It is pointed out that AI is now playing a bigger role in supporting scams, mainly through techniques such as deepfake and social engineering. Now, these scams have been organized with fake video meetings, videos of fake well-known figures, and jobs that request you to download dangerous programs. Since there has been a rise in this kind of scam, Bitget and other security firms are working hard to keep their users safe online.

    The Rise of AI-Powered Scams and Emerging Threats in Crypto

    One of the main points in Bitget’s report is that scammers are now largely using AI. The bulk of the losses in the crypto market were mainly caused by impersonations, schemes to steal funds, and fake projects under the names of DeFi or NFT services. Most of the time, the scammers move the funds through cross-chain bridges, making it difficult for both mixers and exchanges to catch them.

    According to Gracy Chen, CEO of Bitget, more people are now concerned about deception in crypto than about the well-known risk of volatility. Since fraud is becoming harder to find due to AI’s speedy improvements, Bitget is enhancing its security and is partnering more with top specialists in its Anti-Scam Hub.

    The report also mentioned that Telegram and X comment sections (meaning Twitter) are now favored by fraudsters for carrying out phishing missions. Because these websites attract a lot of malicious actions, users should be careful about unsolicited job offers or investment opportunities related to suspicious links.

    Bitget’s Anti-Scam Measures: Innovations and Partnerships to Protect Crypto Users

    Due to the growing risks, Bitget signed a partnership with SlowMist and Elliptic, helping customers identify scams right away and get important forensics support. Elliptic has taken a close look at money laundering with stolen funds, determining the tools that help criminals hide what they are doing. On the other hand, with the detailed support from SlowMist, Bitget has increased the protection of its users by handling various forms of scam attempts, such as phishing and fake staking platforms.

    They do more than just find scams; their approach is much wider. The exchange is ready to assist its users by using protective funds and advanced technology to lower the threat of scams. The goal of the company’s Anti-Scam Month is to make people aware of crypto security and encourage the industry to do better. By following this initiative, Bitget shows its determination to offer a secure platform for its worldwide users.

    The Future of Crypto Security and the Role of Ecosystem-Wide Collaboration

    It has become obvious that the cryptocurrency sector requires better rules and increased cooperation from its members due to the development of sophisticated scams. The Anti-Scam Report given by Bitget is a major effort to improve the security and transparency of cryptocurrencies. When AI improves, new solutions for fighting fraud should become available, too. The link between Bitget, SlowMist, and Elliptic is a noticeable move in the fight against cybercrime in the crypto industry.

    The Anti-Scam Hub from Bitget reflects the company’s commitment to having top security measures in DeFi. All kinds of crypto exchanges need to increase their security measures to keep users’ trustful and avoid large-scale losses. By adopting digital security, these issues will lower risks and make it easier for many to try cryptocurrency and blockchain solutions.

    Google News Icon

    Follow us on Google News

    Get the latest crypto insights and updates.

    Follow

    Loading more news...