Bitget Launches Anti-Scam Month 2026 With Warning On AI-Powered Crypto Frauds

Kritika Mehta
Updated
Kritika Mehta

Kritika Mehta

News Writer & Journalist
Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.
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Bitget Launches Anti-Scam Month 2026 With Warning On AI-Powered Crypto Frauds

Highlights

  • Bitget has published its Anti-Scam Month campaign report recently.
  • The research highlights how crypto scammers are leveraging AI to target investors after their investing behavior changed.
  • To safeguard users, Bitget revealed blocking around 150 million suspicious requests on its platform.

Bitget exchange has released its Anti-Scam Report 2026. The study reveals the evolution of online scams as investors switch their investments between various financial products. For context, SlowMist, a blockchain security firm, prepared “The Evolution of Fraud in the Multi-Asset Era” report. This represents the third year of Bitget’s Annual Anti-Scam Month campaign.

Bitget Spotlights Major Crypto Frauds In Anti-Scam Month Campaign

Investors’ attitude has undergone a dramatic change over the last year, the report notes. There are now more users that trade across cryptocurrencies, tokenized assets, stocks, CFDs, digital wallets and even AI-powered platforms.

As of May 2026, less than 1% of Bitget users were active on two or more asset classes. This is much lower than the figure that rose to more than 10% by mid-2025, according to Bitget Research.

However, scammers have caught on to this trend, Bitget researchers say. Today’s fraud campaigns are a mix of AI-generated content, social engineering, and several communication channels, they added. Criminals are not always successful at the first attempt, and will often lead a victim through multiple stages to obtain the victim’s money.

The crypto scam victims are usually approached via social media or messaging apps, the report said. Moreover, they can then be redirected to fake investment firms, phishing sites or fraudulent wallet transactions. Each one of the steps is working to establish trust prior to the theft.

The Exchange Launches Safeguard Measures

In Bitget’s Anti-Scam Month campaign, it also presented the information from its security systems. Over the period July 2025 to June 2026, the platform blocked (or prevented) over 150 million malicious requests. It was able to recognize more than 13,000 high-risk IP addresses. It also responded to 18,135 cases of user protection, and assisted in recovering $32.3 million associated with fraud and other security issues.

“Security challenges evolve alongside markets. As more users participate across crypto, stocks, tokenized assets and AI-powered products, fraud campaigns are becoming sophisticated in how they build trust and influence decision-making. Understanding those risks is an important step toward protecting users and strengthening confidence across the broader ecosystem,” remarked Gracy Chen, the CEO of Bitget.

The report also takes a look at some of the new scam methods. These include AI-generated investment personas, deep fake videos, voice cloning attacks, fake investment communities, wallet draining attacks, malicious smart contract attacks and phishing attacks.

It also examines recent incidents with a deepfake of Cypriot President Nikos Christodoulides. Further, Bitget studied a fake investment scheme using Artificial Intelligence targeting investors from Sweden. In addition, they exposed the Truman Show fake community and the Rublevka Team wallet draining operation discovered in early 2026.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.