Altcoins News
By Maheen Hernandez
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Fraud Got Smarter, Fast. The stat that probably jumps out most: the share of active users trading across multiple asset…
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What Bitget Is Actually Doing About It. Bitget has been running Anti-Scam Month since 2024. Year one and two were about raising awareness.
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The Bigger Picture. Crypto fraud isn't a niche problem anymore. As more users move across multiple asset classes — and…
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Bitget is back at it. The exchange just launched year three of its Anti-Scam Month, dropping a full report on how fraud has mutated across crypto, tokenized assets, and other…
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Between July 2025 and June 2026, Bitget's security infrastructure intercepted over 150 million malicious requests.
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The stat that probably jumps out most: the share of active users trading across multiple asset classes went from under 1% in mid-2025 to over 10% by May 2026.
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The report, drawing on data from Bitget Research and SlowMist investigations, maps out how fraud campaigns are now built around complex narratives.
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Some of the specific cases in the report are wild. One scam involved impersonating Cypriot President Nikos Christodoulides.
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And it doesn't stop there. The report also calls out voice-cloning attacks, deepfake scams, AI-generated personas, malicious smart contracts, and synthetic investment communities.
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More context: Polymarket Covers $3M in Losses After Phishing Attack Hits 4,500 Users
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The exchange has a user base of over 125 million people. At that scale, security infrastructure can't be reactive. You can't wait for users to report a scam and then investigate.
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The report also goes into victim psychology, which is probably the underrated part. Most security content focuses on the technical side: use two-factor authentication, check…
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Practical guidance is included too. The report covers how to recognize AI-enabled scams, how to harden account security, and how to respond if something goes wrong.
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Crypto fraud isn't a niche problem anymore. As more users move across multiple asset classes — and as the tools available to scammers get cheaper and more powerful — the attack…
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Bitget's partnership with SlowMist gives the exchange access to on-chain investigation capabilities that most platforms can't replicate internally.
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