🚨 $12.7 BILLION IN CRYPTO SCAMS.
The U.S. Treasury’s FinCEN has identified a staggering $12.7B tied to suspected crypto scams largely linked to criminal organizations operating in Southeast Asia.
The data is massive.
FinCEN analyzed 33,904 reports filed between September 2023 and December 2025.
Among the schemes?
🐷 Pig butchering
❤️ Romance baiting
💰 Crypto confidence scams
These operations often weaponize trust first then drain victims financially.
Myanmar and Cambodia have responded with severe penalties, including life imprisonment for certain offenses.
The message is clear:
Crypto adoption is accelerating.
So is the sophistication of crypto-related crime.
For investors, one rule matters more than ever:
If someone promises guaranteed crypto profits, assume the risk is real until proven otherwise.
#Crypto #Bitcoin #FinCEN #Finance #Scams
The U.S. Treasury’s FinCEN has identified a staggering $12.7B tied to suspected crypto scams largely linked to criminal organizations operating in Southeast Asia.
The data is massive.
FinCEN analyzed 33,904 reports filed between September 2023 and December 2025.
Among the schemes?
🐷 Pig butchering
❤️ Romance baiting
💰 Crypto confidence scams
These operations often weaponize trust first then drain victims financially.
Myanmar and Cambodia have responded with severe penalties, including life imprisonment for certain offenses.
The message is clear:
Crypto adoption is accelerating.
So is the sophistication of crypto-related crime.
For investors, one rule matters more than ever:
If someone promises guaranteed crypto profits, assume the risk is real until proven otherwise.
#Crypto #Bitcoin #FinCEN #Finance #Scams
