Bitget has officially launched the third year of its Anti-Scam Month initiative, accompanying this milestone with the release of its latest Anti-Scam Report 2026, titled “The Evolution of Fraud in the Multi-Asset Era.” This report, created in collaboration with blockchain security firm SlowMist, delves into the adaptability of fraud schemes in light of the burgeoning digital finance landscape, which encompasses an array of instruments including cryptocurrencies, tokenized assets, stocks, CFDs, wallets, and AI-driven investment tools.
The findings reveal a significant shift in user behavior, with the percentage of active users engaging across multiple asset classes skyrocketing from below 1% in mid-2025 to over 10% by May 2026. As users expand their financial activities across a diverse range of products and platforms, fraud campaigns have transitioned to more sophisticated models that integrate a variety of tactics. These methods now often encompass blended narratives, social engineering techniques, AI-generated content, and engagement through multiple communication channels within a single operation.
Utilizing insights from Bitget Research and investigative work by SlowMist, the report highlights that successful scams now frequently bypass traditional single points of vulnerability. Rather, fraud operators orchestrate a series of interactions that navigate through social media platforms, messaging apps, investment communities, phishing schemes, and wallet engagement, ultimately culminating in asset theft. In a staggering illustration of ongoing threats, Bitget’s security infrastructure thwarted over 150 million malicious requests from July 2025 to June 2026, identified more than 13,000 high-risk malicious IP addresses, resolved 18,135 user protection cases, and aided in the recovery of $32.3 million related to security breaches and fraudulent actions.
As the landscape of digital finance evolves, so too do the associated security challenges. The report underscores the increasing sophistication of fraud campaigns, particularly in their methods of building trust and influencing the decision-making processes of users. Gracy Chen, CEO of Bitget, emphasized the necessity of understanding these risks in fortifying user protection and restoring confidence across the financial ecosystem.
Several trends currently shape the fraud environment, including the emergence of AI-generated investment personas, deepfake-enabled scams, voice-cloning attacks, synthetic investment communities, wallet-draining operations, and advanced phishing attempts. The report provides detailed examinations of specific cases such as a deepfake investment scam impersonating Cypriot President Nikos Christodoulides, an AI-driven advertising campaign that defrauded thousands of Swedish investors, the “Truman Show” synthetic community scam featuring around 90 fictitious investor identities, and the Rublevka Team wallet-draining operation recorded in early 2026.
Beyond the operational mechanics of scams, the report also addresses the psychology of victims, common entry points for scams, asset movement post-theft, and challenges in recovery. It outlines proactive measures that users can adopt to enhance their account security, recognize AI-generated deception, better assess investment opportunities, and respond effectively to security incidents.
Since the inception of Anti-Scam Month in 2024, Bitget has been committed to collaborating with security researchers, ecosystem partners, and industry organizations to enhance awareness regarding emerging threats while advocating for stronger protective practices among users. Throughout June, Bitget’s Anti-Scam Month campaign will feature educational content, security awareness initiatives, and partnerships aimed at equipping users with the tools necessary to identify new threats and safeguard their digital assets.
