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Sumsub CEO warns AI fraud is outpacing crypto

Sumsub CEO warns AI fraud is outpacing crypto

Crypto compliance demand is surging as AI fraud evolves faster than firms can respond, Sumsub CEO Andrew Sever says.

Summary

  • Sumsub CEO Andrew Sever told Consensus Miami that sophisticated AI fraud attacks on crypto firms increased 180% year over year.
  • Only 23% of crypto companies are ready to comply with new identity and fraud rules, according to Sumsub’s State of the Crypto Industry 2026 report.
  • Chainalysis has separately launched blockchain intelligence agents to help compliance teams manage growing alert volumes at machine speed.

Crypto compliance firms are reporting a sharp rise in demand as AI fraud attacks become faster, more sophisticated, and harder to…

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