Binance Says AI Risk Controls Protected 5.4M Users From Crypto ScamsBinance says AI risk controls protected 5.4M users from crypto scams and blocked $10.53B in risky funds through Q1 2026.

Binance says AI risk controls protected 5.4M users from crypto scams and blocked $10.53B in risky funds through Q1 2026.

Binance said its AI risk controls protected 5.4 million users from crypto scams between early 2025 and the first quarter of 2026.

The exchange reported that its systems blocked about $10.53 billion in risky funds during the period.

The figures were shared in a May 11 report on AI security, as fraud tools become cheaper and more advanced.

Binance Reports $10.53B in Protected Crypto Funds

Binance said its AI-based security systems helped prevent possible user losses of about $10.53 billion.

The company said the protection covered more than 5.4 million users from Q1 2025 to Q1 2026.

The crypto exchange said the systems were built to detect scam activity before funds leave user accounts.

These controls cover phishing, fake platforms, account takeovers, and social engineering attacks.

In Q1 2026, Binance said it blocked 22.9 million scam and phishing attempts. The company said these actions helped protect around $1.98 billion in user funds during the quarter.

Binance said, “AI-powered scams and exploits are accelerating.” It added that AI is also being used to detect and stop fraud at scale.

AI Models Target Deepfakes, Phishing, and Social Engineering

The exchange said it has deployed more than 100 AI models across its security systems. It also reported more than 24 AI security projects active by late 2025.

These systems scan for fraud patterns across payments, identity checks, and peer-to-peer transactions. Binance said computer vision tools help detect fake payment proof.

The company also uses language analysis to review scam patterns in P2P chats. These tools are designed to find fraud signals during live user activity.

Binance said AI now supports 57% of its fraud controls. It claimed this helped reduce card fraud rates by 60% to 70% against industry benchmarks.

The exchange also said its KYC systems are being updated to counter deepfakes. These tools are meant to identify synthetic identities and altered identity documents.

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Binance Ai Pro, Education, and Recovery Measures

Binance also described Binance Ai Pro as part of its security approach. The system is designed to limit user exposure when AI agents manage funds.

Funds handled by AI agents are kept separate from main user accounts. The agents are also restricted to trading activity, with no withdrawal access.

The company said third-party “skills” must be screened before marketplace approval. It reported that about 12% of submitted skills were flagged as potentially risky.

Binance said user education remains part of its fraud prevention work. Its account takeover education programs reached more than 179,000 users in Q1 2026.

The company also said it issued over 9,600 real-time warnings each day. It reported that it blacklisted more than 36,000 malicious addresses.

Binance said it helped recover $12.8 million in 2025 across 48,000 cases. It also assisted authorities in confiscating $131 million in illicit funds.

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