Crypto Scams Surge 2025 With AI Deepfakes Bitget Report Warns

Bitget, SlowMist, and Elliptic have jointly released an anti-fraud report that highlights the escalating use of deepfakes and AI in crypto scams. The report, published in June 2025, underscores the urgent need for enhanced user security awareness and robust defenses against these sophisticated tactics. The collaboration aims to educate users and protect them from the growing threat of deception in the crypto industry.

The report reveals that scams utilizing AI and deepfakes pose significant dangers to users, impacting all major cryptocurrencies. This initiative is supported by industry leaders, including Bitget's CEO Gracy Chen and Elliptic's researcher Arda Akartuna. Chen emphasized that the biggest threat to crypto today is not volatility but deception, and that fighting back requires both technological rigor and ecosystem-wide collaboration. The goal is to help users trade smarter, not just faster.

The financial markets are facing heightened uncertainty as crypto scams become more sophisticated, affecting user confidence industry-wide. Bitget's Protection Fund underscores their commitment to security. The report has raised industry awareness, prompting exchanges and regulatory bodies to consider adopting stringent security practices. Collaborative efforts continue with a shared goal of outpacing evolving threat vectors.

Industry leaders are expected to enhance their technology and policies, reflecting past trends where scams precipitated market volatility and undermined trust. As blockchain security evolves, the rise of advanced protection measures is anticipated. This ongoing vigilance is critical to preserving user assets and maintaining the industry's integrity.