Posted on June 3, 2025
As cryptocurrency adoption surges, so do the threats lurking in the shadows of Web3. In response, Bitget, a leading cryptocurrency exchange and Web3 platform, has launched its second annual Anti-Scam Month in June 2025, aiming to bolster user security and combat the rising tide of crypto fraud. Following ChainCatcher’s report and Chainalysis data revealing a staggering $9.9 billion lost to scams in 2024—a 24% increase since 2020—Bitget’s campaign is a timely push to educate and protect its 120 million users across 150+ countries. Here’s a deep dive into this initiative and its impact on fostering a safer crypto ecosystem.
The Growing Threat of Crypto Scams
The crypto landscape in 2024 was a double-edged sword: Bitcoin hit new all-time highs, and institutional adoption soared, but so did illicit activity. According to Chainalysis, crypto scams generated at least $9.9 billion last year, with projections suggesting a record $12.4 billion as more scam wallets are identified. The rise of “pig butchering” scams, which grew 40% year-over-year, and AI-driven fraud, including deepfakes, has made scams more sophisticated and scalable. Platforms like Huione Guarantee, a Cambodian-based marketplace, facilitated $375.9 million in illicit transactions, offering AI tools for identity theft and money laundering.
Bitget’s own research, released during its inaugural Anti-Scam Month in June 2024, highlighted a 245% surge in deepfake-related scams, with losses projected to reach $25.13 billion by year-end 2024. By early 2026, deepfake crimes could account for 70% of crypto fraud, driven by advancements in AI technologies like voice replacement and behavioral pattern recognition. These alarming trends underscore the urgency of Bitget’s campaign to empower users with knowledge and tools to navigate Web3 safely.
Bitget’s Anti-Scam Month: Smarter Eyes, Stronger Shields
Launched under the theme “Smarter Eyes, Stronger Shields,” Bitget’s second Anti-Scam Month, kicked off on June 3, 2025, combines education, engagement, and collaboration to build a more secure crypto community. Key features include:
- Anti-Scam Hub: A dedicated microsite (https://www.bitget.com/anti-scam) offering interactive resources, scam identification guides, and best practices for securing digital assets. The hub serves as a one-stop resource for users to learn about phishing, high-yield investment scams, and deepfake fraud.
- Gamified Education: The “Smarter Eyes Challenge” mini-game and quizzes, like those promoted by @bitgetglobal on X, offer rewards up to 200 USDT to incentivize learning. Topics cover password security, two-factor authentication (2FA), and spotting phishing attacks.
- Community Storytelling: Bitget is sharing real user experiences to highlight common scam tactics, fostering a culture of vigilance. The “PFP Smarter Glasses” social media movement encourages users to adopt a proactive security mindset.
- Strategic Partnerships: Bitget has teamed up with top security firms like GoPlus, SlowMist, OneKey, BlockSec, and Security Alliance, as well as Web3 platforms like Bitget Wallet, Morph, and Tapswap. These collaborations enhance on-chain threat detection and provide users with robust protective tools.
- 2025 Anti-Scam Report: In partnership with cybersecurity firm Elliptic, Bitget will release a data-driven report analyzing evolving fraud vectors, including AI-driven scams and social engineering tactics, to guide users and industry players.
As Gracy Chen, Bitget’s CEO, stated, “Scams may adapt, but so will we. Anti-Scam Month aligns with our belief that protecting users is a shared mission.” The campaign builds on Bitget’s 2024 efforts, which included social campaigns in Vietnam and a deepfake report warning of AI-driven fraud’s exponential growth.
Why This Matters
The crypto industry’s rapid growth—fueled by Bitcoin’s $105,975 price and $36.2 billion in U.S. ETF inflows—has made it a prime target for scammers. Chainalysis notes that stablecoins now account for 63% of illicit transaction volume, reflecting their role in both legitimate and fraudulent activities. Platforms like Bitget, with its 99%+ accuracy in identity verification via SumSub, are critical in combating threats like approval phishing and crypto drainers, which exploit decentralized and centralized platforms alike.
By dedicating June to scam prevention, Bitget is not only protecting its users but also setting a standard for the industry. The campaign’s emphasis on education over fear empowers users to spot red flags, such as fake giveaways or malicious smart contracts, while partnerships with security experts strengthen Web3’s infrastructure. As
@Bitget_zh posted on X, “With smarter eyes, we build a stronger shield together,” reflecting the campaign’s community-driven ethos.
How to Get Involved
Users can participate in Anti-Scam Month by:
- Visiting the Anti-Scam Hub at https://www.bitget.com/anti-scam for resources and guides.
- Joining the Smarter Eyes Challenge and quizzes via Bitget’s Telegram or Discord Apps Center.
- Following @bitgetglobal on X for updates and giveaways, including a $30,000 prize pool announced by @Bitget_zh.
- Verifying all links and communications to avoid phishing scams, using Bitget’s official channels.
Looking Ahead
Bitget’s second Anti-Scam Month is a bold step toward a safer Web3 future, addressing the $9.9 billion scam crisis head-on. By combining gamified education, community engagement, and cutting-edge partnerships, Bitget is equipping users to navigate the “dark forest” of Web3 with confidence. As the crypto industry grows, initiatives like this will be crucial in maintaining trust and fostering adoption.
Are you joining Bitget’s Anti-Scam Month? Share your thoughts and tips for staying safe in the comments below!
Disclaimer: This blog post is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency transactions carry significant risks. Always verify sources and conduct your own research.
Sources:
- ChainCatcher: Bitget Launches Second Anti-Scam Month
- Chainalysis: 2024 Crypto Crime Trends
- Bitget: Deepfake Report 2024
- GlobeNewswire: Bitget’s Second Anti-Scam Month Campaign
- X Posts: @bitgetglobal, @Bitget_zh, @bitgetturkey
