Binance says AI security systems prevented $10.5 billion in user losses from crypto scams, phishing
The Block
Binance reported that its AI-powered security features saved users $10.5 billion from scams and phishing attempts between early 2025 and mid-2025.Summary
Binance has reported that its implementation of approximately two dozen AI-powered security features successfully prevented $10.53 billion in potential user losses from scams and phishing between Q1 and Q2 2025. By utilizing technologies such as computer vision to identify fake payments and real-time language analysis for P2P transactions, Binance has automated 57% of its fraud controls. The exchange also noted significant improvements in KYC efficiency and noted that it continues to collaborate with law enforcement and partners like Tether and Tron through the T3 security unit to combat illicit activities.
(Source：The Block)