Bitget
to Launch Social Campaign
in Vietnam to Warn
About Crypto Scams and Risks
Bitget to Launch Social Campaign in Vietnam to Warn About Crypto Scams and
Risks
Author: Chainwire
Last Updated Jun 28, 2024 @ 15:05
[PRESS RELEASE Victoria, Seychelles, June 28th, 2024]
Bitget , the leading cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта exchange and Web3 company, will launch a
unique social project in Vietnam. The campaign aims to educate people on how
to use cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта securely and prevent fraud through engaging and
understandable posters and banners. These educational materials, which will
provide tips on detecting and avoiding cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта scams, will be displayed
in public spaces such as bus stops, subways, and street billboards.
Vietnam, one of Southeast Asia’s most dynamic economies, has consistently
ranked highly on Chainalysis’ global crypto adoption index , currently holding
the third position. According to a report by payment platform Triple-A ,
around 21.2% of the Vietnamese population owns cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, second only
to the UAE at 34.4%.
However, the level of awareness about the risks associated with digital assets
remains much lower than the general knowledge about cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта in the
country. This gap has led to a surge in financial losses due to fraud,
especially among vulnerable groups. In 2023 alone, cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта-related
investment frauds resulted in approximately $3.94 billion in losses , a
significant 53% increase from the previous year. Data from an FBI report
indicates a worrying trend: most victims of investment scams were over 30
years old, with a notable number of complaints coming from individuals over
60, who are particularly vulnerable due to limited access to timely and clear
information.
Being the third most populous country in Southeast Asia, Vietnam shares the
same alarming trends with other countries in the region, when it comes to
digital assets extortion. A 2023 report issued by the UN Human Rights• Государство » Законы и право » Права человека Office
shows that this region is plagued with crypto-related romance-investment
scams, fraud to illegal gambling. According to the report, the COVID-19• Медицина » Эпидемиология » Инфекционные заболевания » Острая респираторная вирусная инфекция » COVID-19
• Медицина » Заболевания » Инфекционные заболевания » Острая респираторная вирусная инфекция » COVID-19
pandemic• Медицина » Эпидемиология » Пандемия and associated response measures had a drastic impact on illicit
activities across the region. But the most devastating fact about this
phenomena is that it actually has more than one set of victims.
Novice investors and elderly people, who are often less familiar with stock
markets and digital currencies, are the most common targets for criminals.
Most people over 60 have a limited understanding of cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта and tend
to be more trusting. While they may have heard of cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, their
practical experience and knowledge in navigating these investments safely are
often lacking. Bitget believes that a significant gap in the modern financial
market• Экономика » Финансы » Финансовый рынок is the focus on attracting young users, neglecting wider groups, and
the insufficient effort to increase financial literacy and risk• Экономика » Финансы » Финансовый рынок » Риск awareness
among users.
Bitget’s social campaign aims to address the lack of awareness about
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта fraud, providing the general public with clear and reliable
advice for the first time. The campaign will cover common types of scams such
as social engineering, romance scams, phishing, and investment fraud. The
project has been developed with the support of leading anti-fraud• Высокие технологии » Системы безопасности, контроля и автоматизации » Антифрод-системы
• Информационные технологии » Антифрод-системы experts, law
enforcement agencies, and sectors like technology, banking, and
telecommunications.
“Along with the advancement of technologies, the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market has
faced several urgent issues that have tested many aspects of social, economic,
and cultural life,” says Gracy Chen, CEO of Bitget . “One of the key tools for
engaging with the public and raising awareness, including among vulnerable
groups, is social advertising. This format has shown high effectiveness
worldwide, for instance, during the COVID-19• Медицина » Эпидемиология » Инфекционные заболевания » Острая респираторная вирусная инфекция » COVID-19
• Медицина » Заболевания » Инфекционные заболевания » Острая респираторная вирусная инфекция » COVID-19 pandemic• Медицина » Эпидемиология » Пандемия, where banners became a
central element in informing citizens about the importance of precautionary
measures.”
In addition to the antiscam initiative, Bitget Research released a report
highlighting how deepfakes can account for 70% of the total crypto scams in
two years. This indicates over $25B in potential losses in 2024. This is one
of the ways Bitget plans to spread awareness around crypto scams. Bitget hopes
that the experience in Vietnam will help analyze the effectiveness of such
informational tools, improving financial literacy and public awareness. The
exchange plans to launch similar social campaigns in other major cities
worldwide in the future.
About Bitget
Established in 2018, Bitget is the world s leading cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
exchange and Web3 company. Serving over 25 million users in 100+ countries and
regions, the Bitget exchange is committed to helping users trade smarter with
its pioneering copy trading feature and other trading solutions. Formerly
known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet
that offers an array of comprehensive Web3 solutions and features including
wallet functionality, swap, NFT• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » NFT - невзаимозаменяемый токен Marketplace, DApp browser, and more. Bitget
inspires individuals to embrace crypto through collaborations with credible
partners, including legendary Argentinian footballer Lionel Messi and Turkish
National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş
(Boxing gold medalist) and İlkin Aydın (Volleyball national team).
For more information, users can visit: Website | Twitter | Telegram | LinkedIn
| Discord | Bitget Wallet
SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this
link to register a new account and receive $600 exclusive welcome offer on
Binance ( full details ).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this
link to register and open a 100 USDT-M position for free!
