Bitget Unveils Anti-Scam Month To Battle $442B Fraud Wave

Bitget Unveils Anti-Scam Month To Battle $442B Fraud Wave

Bitget has opened its annual Anti-Scam Month for 2026, citing Interpol data that ties more than $442 billion in global losses to multi-asset fraud last year.

Bitget Anti-Scam Drive

The world's largest universal exchange said the program runs throughout June under the theme "More Assets, Stronger Shield," framing user safety around a market where crypto, tokenized stocks and AI-linked products now trade together. It is the firm's yearly security push.

Through the month, the exchange plans a multi-part series of articles and videos on common attack methods, from SMS spoofing and fake apps to phishing systems, malicious smart contracts and high-risk token schemes. Later reports, co-written with onchain security firms, real-world asset institutions and AI partners, will examine AI-driven fraud and risks tied to tokenized real-world assets. Researchers will also join live X Spaces talks.

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Gracy Chen's Warning

"As market access expands, scam tactics are evolving just as quickly," said Gracy Chen, Bitget's chief executive. She argued that platform infrastructure alone no longer keeps people safe, and that sharper risk awareness now matters just as much.

The campaign extends earlier moves at the exchange. Bitget has previously introduced proof of reserves, a Protection Fund and user education efforts, steps meant to bolster account safety as digital assets drift closer to traditional finance.

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Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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