AI deepfakes are crypto’s biggest threat: Bitget, SlowMist, Elliptic warn
A new joint report from Bitget, SlowMist, and Elliptic highlights the rapid rise of AI-powered crypto crime.
Crypto crime is evolving, increasingly targeting human psychology as an attack vector. According to the report, published on Tuesday, June 10, social engineering scams are becoming more common, and many now leverage AI to increase their success rate.
“In 2024, nearly 40% of high-value frauds involved deepfake technology. And behind most scams—whether Trojan job offers or Ponzi-like “staking platforms”—is some form of social engineering designed to exploit trust, fear, or greed,” Bitget report.
For example, scammers have used AI-generated videos of high-profile figures, including…
