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Bithumb warns users as AI scams steal millions in crypto
May 14, 2026
< 1 min read
by Randa Moses
for CryptoPolitan
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AI Overview
Bithumb warned South Korean crypto investors after a Hong Kong individual lost $29 million in a deepfake video call scam that impersonated trusted contacts. The alert highlights growing security and social-engineering risks to crypto users and CEXs and urges stronger fraud prevention, KYC vigilance and investor caution.
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Bithumb warns South Korean crypto investors about deepfake scams after a Hong Kong victim lost $29M to a fake video call.
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