Crypto Scam 2025 | Crypto & NFT Scams Fraud | What Step Goverment's Take ?

The Philippine government has announced its's decision to notarize documents using the Polygon blockchain, coinciding with a temporary outage of the network's Heimdall v2 mainnet.

Bitcoin has benifited from positive catalysts in the past couple of years , Having a heard supply cap of 21 million is Bitcoin's best trait. Investors understand the value of owning a scarce asset in a world of rising federal debt and money supply.

Between may 2024 and april 2025 ,AI-enhanced fraud by 458%, with scammers using fake voices and fake credentials to impersonate family members and prominent figures.Globally, loosses exceeded $10.7 billion in 2024, and in the U.S.alone, nearly 15,0000 complaints were filed with approximately $3.9 billion reported lost.

The US department of justice recently inducted the founders of Omega Pro accused defeating investors of over 650 million dollars globally through a cryptocurrency and foreign exchange investment scheme,

the case underscores cross border fraud operating targetting retail investors in the US and Latin America tornado crash NFT laundering scam at trial a convinced schema testified about $1 million NFT rug- pull scam using tornado crash to London proceeds.

The NFTs where sold under false promises then abruptly shutdown once funds where collected.

New crypto ATM regulations across United State States due to rising frauds through crypt to ATM's 11 States have enhanced new legislation imposing limits and mandatory disclosure at crypto ATM locations often use ATMs since crypto transfers are irreversible.

California department of financial protection and innovation find coin me $30,0000 over crypto kiosk violations, while security restitution for victims (~$51,700) types of cryptocams form public source.

Scammers bill trust over time then encourage victims to invest more and more into fake cripto platforms often resulting in major losses.

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