Gracy Chen’s Telegram and X Hacked Amid Bitget’s Anti-Scam Awareness Campaign

On June 13, Gracy Chen, CEO of Bitget, alerted the crypto community after losing access to her Telegram and X accounts. Earlier that day, a suspicious media interview and unauthorized messages from her X account raised alarm. The compromised access led to phishing DMs targeting her contacts. Although control of her X account was restored, Telegram recovery was still in process. The security breach came amid Bitget’s ongoing “Anti-Scam Month” initiative. The incident reinforces the urgent call from Bitget’s Anti-Scam Report to remain vigilant against rising AI-powered fraud in the crypto industry.

Bitget’s Anti-Scam Report Warns of $4.6 Billion Scam Losses in 2024

Bitget released the 2025 Anti-Scam Report on June 10, revealing a major surge in AI-driven crypto scams. The report was developed in collaboration with blockchain security firms SlowMist and Elliptic. The report found that investors lost $4.6 billion in 2024 due to scams. This sharp increase highlights the growing sophistication of fraud tactics. AI-powered deception emerged as the biggest threat, overtaking traditional risks like market volatility.

Common tactics now include deepfake impersonations via Zoom and AI-generated influencer videos. Additionally, social engineering through Trojan-laced job offers creates a way for scams. Finally, Ponzi-like DeFi and NFT schemes target retail users, causing hefty losses across DeFi and NFT sectors. Telegram and X (formerly Twitter) comment sections have become common phishing entry points. The report calls for increased awareness and technical defenses to counter these tactics.

Gracy Chen’s Account Compromise Highlights Real-Time Scam Threats

On June 13, Gracy Chen disclosed that her Telegram account was compromised following a media interview that “felt a bit off.” Unauthorized messages were sent from her X account, targeting contacts with suspicious links. Chen shared via X, “We’ve regained control of this X account, but my Telegram is still in the process of recovery.” She urged the community to ignore strange DMs and avoid clicking suspicious links. The breach mirrored warnings from Bitget’s Anti-Scam Report. It demonstrated how scammers exploit social engineering and platform vulnerabilities in real-time. The incident showed the risks even industry leaders face and the importance of preventive vigilance.

Anti-Scam Campaign Promotes Awareness Amid Growing AI Threats

Bitget launched its “Anti-Scam Month” campaign on June 10 alongside the release of the Anti-Scam Report. The initiative aims to educate users about modern scam techniques and equip them with defense tools. Chen’s post on June 11 read, “Anti-scam survival 101: KEEP DOUBTING.” She encouraged the community to question unfamiliar messages and verify every communication source. The report lists several trends driving scam growth that including AI lowers the cost and speed of creating scams. The report also notes that emerging tech enables deepfake impersonations, cross-chain bridges, and mixers help hide stolen funds. The campaign emphasizes the need for continuous learning and cooperation across the crypto ecosystem to combat the threat.

Bitget’s Strategic Response Focuses on Education and Ecosystem Security

Bitget’s Anti-Scam Report outlines a strategic approach to scam prevention, combining education, security audits, and technical upgrades. The campaign seeks to foster investor trust and raise industry standards. Chen highlighted that AI has made scams “faster, cheaper, and harder to detect.” The company calls for an industry-wide response to fight these evolving threats. The report also aligns with Bitget’s previous research into global financial stability and investor education. Chen’s participation in the Andrew Lo seminar underscores a long-term commitment to financial literacy. Bitget’s proactive steps include publishing scam trends and defense strategies and promoting awareness on X and Telegram. Additionally, strengthening platform-level protections against phishing.

Vigilance Key to Safe Participation in Crypto Ecosystem

The account breach incident on June 13 served as a real-time reminder of the threats identified in Bitget’s Anti-Scam Report. As scammers adopt AI and social tactics, users must remain alert. Bitget’s campaign underlines that education, constant verification, and smart practices are vital tools for protection. Security must evolve with scam techniques, requiring updated defenses and better community awareness. Bitget’s Anti-Scam Month aims to empower users with the tools and insights needed to navigate a risky digital asset world. Gracy Chen’s direct experience reinforces the message: staying safe in crypto now requires knowledge, action, and community support.