CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-06-10 11:30:00

Bitget’s New Report Reveals How AI-Powered Scams Netted $4.6 Billion in 2024

Bitget has released a new report finding that AI scams cost crypto users $4.6B in 2024. The exchange has launched a month-long “Anti-Scam Month” to boost user awareness. Bitget CEO Gracy Chen says the initiative is part of a core focus on security. Bitget, the leading cryptocurrency exchange and Web3 company, in conjunction with blockchain security firms SlowMist and Elliptic, has released a 2025 Anti-Scam Research Report highlighting the roles of deepfake technology and social engineering in the growing trend of global crypto scam losses. According to Bitget’s report, crypto scam losses surged to $4.6 billion in 2024, with bad actors deploying the highlighted AI tools in most of the cases. The release of the 2025 Anti-Scam Research Report is closely aligned to Bitget’s “Anti-Scam Month,” a month-long security initiative designed to educate users and raise awareness about these emerging threats across the crypto ecosystem. Bitget Report Reveals New Deepfake and Social Engineering Tactics The published report marks the beginning of the Bitget Anti-Scam Month program and highlights the new trends in AI-powered scams. The scammers have moved beyond phis… The post Bitget’s New Report Reveals How AI-Powered Scams Netted $4.6 Billion in 2024 appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.