Cryptocurrency exchange Bitget launched the third edition of its Anti-Scam Month initiative and published its 2026 anti-fraud report, The Evolution of Fraud in the Multi-Asset Era, produced together with blockchain security firm SlowMist. The report examines how online fraud is evolving alongside the expanding digital financial ecosystem.
Drivers: multi-asset investing and AI
According to the study, the spread of cryptocurrencies, tokenized assets, stocks, CFDs, digital wallets and AI-driven investment products has created new opportunities for fraudsters. Bitget Research data show that in mid-2025 fewer than 1 percent of users traded across two or more asset classes at the same time; by May 2026 that share had risen to over 10 percent. The report links this shift in user behaviour to the emergence of more complex, multi-stage attacks.
Multi-stage, cross-channel scams
Bitget and SlowMist conclude that successful attacks today rarely rely on a single vulnerability. Criminals typically combine multiple techniques and communication channels: social media, messaging apps, investor groups, phishing sites and crypto wallets are used in sequence before attackers obtain access to victims’ digital assets.
The report identifies AI-generated investment personas, deepfake videos, voice-cloning attacks, artificially created investor communities, attacks on crypto wallets, malicious smart contracts and increasingly sophisticated phishing campaigns as the main current trends.
Concrete figures and incidents
Between July 2025 and June 2026, Bitget’s security systems blocked more than 150 million malicious requests, identified over 13,000 high-risk IP addresses, handled 18,135 user-protection cases and assisted in the recovery of assets worth USD 32.3 million in incidents related to security breaches and scams.
The publication details several case studies: a deepfake video that abused the name of Nikos Christodoulides; an AI-powered investment advertising campaign that may have affected thousands of Swedish investors; a synthetic community fraud called Truman Show built from nearly 90 fictional investors; and the Rublevka Team crypto-wallet draining operation documented in early 2026.
Victim psychology and prevention guidance
The report goes beyond attack techniques to analyse victim psychology, common points of compromise, the pathways of stolen digital assets and the difficulties of asset recovery. It also offers practical guidance on improving account security, recognising AI-assisted deception, vetting investment opportunities more carefully and steps to take in the event of a security incident.
Anti-Scam Month: education and partnerships
Bitget launched the Anti-Scam Month programme in 2024 with the aim of raising user awareness of increasingly complex online threats through collaboration with security experts, industry partners and various organisations. In this year’s, third campaign the company provides educational materials, security-awareness programmes and professional cooperation during June to help users better protect their digital assets.
Executive comment
"Security challenges evolve with market development. As more users invest in cryptocurrencies, stocks, tokenized assets and AI-based products, fraud techniques become increasingly sophisticated. Understanding these risks is critical to protecting users and strengthening trust in the digital financial ecosystem," said Gracy Chen, CEO of Bitget.
The report underlines that technological progress brings not only new services but also new threats, and calls for ongoing collaboration and education among users, platforms and regulators.
