Crypto fraud surges worldwide

[tradelikepro]

Global authorities are cracking down as new Ponzi schemes surface across Asia and the U.S. Thai police arrested FINTOCH operator Liang Ai-Bing for allegedly stealing $31 million. In New York, EminiFX founder Eddy Alexandre was ordered to repay $228 million, while Detroit officials sued RealT for selling tokenized property it didn’t own. Regulators warn that crypto fraud is escalating faster than enforcement.

[Rimon Khan]

Global fraud rising again shows how fast bad actors adapt in crypto. ️

[EmTeam]

Accountability like this is necessary if the industry wants long-term trust.

[JanEmil]

Not new. Crypto is good for scammers because they can work without trace to their identity.

[The_Walking_Dead]

Nothing new. Crypto stays attractive to scammers because hiding identity is too easy.

[Capybara_Capybara]

Not surprising. Crypto is perfect for scammers who know how to stay invisible.

[Revenant]

It’s been like this for years. Scammers love crypto because it lets them vanish.

[Rimon Khan]

@JanEmil