- Binance reported blocking $10.53 billion in potential crypto fraud losses using more than 100 AI security models.
- The exchange said AI tools intercepted phishing, deepfake, identity, and social engineering attacks targeting users.
- Binance also expanded recovery efforts, helping authorities seize illicit funds and process thousands of investigations.
Binance said its AI-powered security systems blocked $10.53 billion in potential user losses between early 2025 and the first quarter of 2026. The crypto exchange revealed the figures in a new security report released this week, adding that more than 5.4 million users received protection from phishing scams, deepfake attacks, and AI-driven fraud attempts during the period.
Binance Expands AI Security Systems
Binance stated that it now operates more than 100 AI models alongside over 24 AI-focused security initiatives. According to the exchange, these systems target threats including phishing attacks, fake payment proofs, synthetic identities, and AI-powered social engineering scams.
The company revealed that its systems intercepted 22.9 million scam and phishing attempts during the first quarter of 2026 alone. Binance added that these efforts helped protect nearly $1.98 billion in user funds during the quarter.
The exchange also said AI-driven controls now manage around 57% of its fraud detection systems. According to Binance, those measures contributed to reducing card fraud rates by between 60% and 70% compared to industry benchmarks.
As threats evolved, Binance said its identity verification systems also improved. The company noted that its AI-assisted KYC processes achieved up to 100 times greater operational efficiency than manual reviews.
Deepfake Threats Push New Defenses
Binance Research reported that AI-related scams continue growing as attackers gain access to cheaper tools. The report stated that smart contract exploits now cost as little as $1.22 per contract, down 22% month-over-month.
Meanwhile, Binance said AI-generated scams increasingly target users through voice cloning, impersonation, phishing bots, and fake platforms. According to the exchange, 76% of AI-driven scams now fall within the highest severity category.
To address those risks, Binance introduced Binance Ai Pro, a controlled environment designed for AI-managed trading activity. The company stated that funds controlled by AI agents remain separated from primary user accounts, while withdrawal permissions stay disabled.
Recovery Efforts Continue Alongside Prevention
Binance stated that prevention alone cannot stop every attack. Therefore, the company said it expanded recovery and enforcement cooperation during 2025. According to Binance, the exchange helped recover $12.8 million across 48,000 cases last year.
The company also assisted authorities in confiscating $131 million in illicit funds while processing over 71,000 law enforcement requests. The exchange added that its account takeover education campaigns reached more than 179,000 users during the first quarter of 2026.
