Bitget report on fraud control shows that AI-related fraud cases caused $ 4.6 billion cryptocurrency losses in 2024
Bitgetthe leading one Cryptocurrency exchange and web3 company, has published its anti-scam research report 2025 in cooperation with the blockchain security companies Slowmist and Elliptic. The report shows that global losses due to crypto fraud in 2024 4.6 billion dollars have risen, where deeper technology and social engineering than the dominant tactics behind thefts emerge with high value. The publication marks the official start of Bitgets Anti-scama one -month initiative that is devoted to security and consciousness in the entire ecosystem.
The report emphasizes how AI-supported frauds have gone beyond phishing emails and now fake zoom calls, synthetic videos of public personalities and job offers provided with trojans. One of the most important findings in the report is the identification of Three primary fraud categories—Meeppake imitation, social engineering plans and ponzi-like projects that are wrapped in defi or NFT branding-main causes for user losses. It is also described how stolen funds Cross-Chain-Brücken And veiling tools are directed before they reach blender or stock exchanges, which makes it difficult to enforce and restore efforts.
Further insights include case studies on large fraud cases in Hong Kong, the increasing use of Telegram and X (Twitter) commentary sections as phishing entry points and the continued growth of professionally guided fraud rings that operate across borders.
“The biggest threat to crypto today is not the volatility-it is deception. That is why Bitget has declared an anti-scam month throughout the month-an initiative to increase the industrial standards and the user consciousness. This report is the flagship publication within this endeavor. Fight, on the other hand, requires both technological strict and cooperation in the entire ecosystem. Gracy Chen, CEO from Bitget.
The report also describes how Bitget's anti-scam hub, innovative detection systems and a protection fund of over $ 500 million are actively used to reduce user risks. Slowmist provided detailed forensic insights in fraud tiles, which range from address poisoning to Trojans in job offers, while Elliptic examined the washing patterns stolen cryptocurrencies through cross-chain bridges and mixer platforms.
“Criminals constantly develop their attack methods, use AI and find new ways to scale their activities. This means that in return we also work to scale our technology and blockchain skills in order to pursue and identify the new methods, use criminals. Our cooperation with Bitget reflects a common urgency to uncover these developing threats and to give users to the tools, so to protect yourself, “said Arda Akartuna, Lead Crypto Threat Researcher, Elliptic, APAC.
“This report reflects the real patterns that we see every day. From phishing rings to fake stacking dapps, the tactics may change-but the psychology always remains the same. Users must be informed at any time, skeptical and safety-conscious,” said Lisa, Security Operations Lead, SlowMist.
The report closes with implementable recommendations for both users and institutions, including fraud warning indicators and best practice to avoid frequent falling, NFT and web3 environments.
Please visit for the full report here.
About bitget
Founded in 2018, Bitget is the world's leading Cryptocurrency exchange and web3 company. With over 120 million users in more than 150 countries and regions, the Bitget exchange undertakes to help users with their pioneering copy trading function and other trade solutions to act wiser while Bitcoin prices, Ethereum prices and offers other cryptocurrency prices. Formerly known as Bitkeep, is Bitget Wallet A first-class multi-chain crypto wallet that offers a variety of comprehensive web3 solutions and functions, including wallet functionality, token exchange, NFT marketplace, DAPP browser and more.
Bitget is at the forefront of promoting crypto adoption through strategic partnerships, such as his role as an official crypto partner in the world's leading football league, LALIGAin the Märkten East, Sea and Latam, as well as as a global partner of the Turkish national athletes Buse Tosun Çavuşoğlu (World Champion in the wrestling), Samet Silver (Gold medalist in boxing) and Primary (Volleyball national team) to inspire the global community to hug the future of cryptocurrency.
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