Binance Says AI Defenses Blocked $10.5 Billion in Crypto Fraud Over 15 Months – Decrypt

May 12, 2026 - 01:45
Binance Says AI Defenses Blocked $10.5 Billion in Crypto Fraud Over 15 Months – Decrypt
In brief Crypto scams hit $17 billion in 2025, as AI makes attacks cheaper and more convincing than ever. Binance says 100+ AI models helped block $10.5 billion in fraud and intercepted 22.9 million scam attempts over 15 months. Beyond prevention, Binance said it recovered $12.8 million and helped authorities confiscate $131 million in illicit...

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