Crypto Hype and Chaos Feed a Growing Scam Wave

Why Financial Crime Keeps Rising, Even After $200 Billion in Compliance Costs - Fintech Hong Kong

Despite spending over $200 billion globally on compliance, financial crime continues to surge. AI, deepfakes, and scam networks are evolving faster than traditional defenses. In this panel we discuss: How AI is changing the scam game Real-life deepfake attacks on Malaysian banks The impact of Malaysia’s National Fraud Portal Featuring insights from: Rohit Mittal, Director Market Planning, Financial Crime Compliance, LexisNexis® Risk Solutions …

Crypto Hype and Chaos Feed a Growing Scam Wave

According to TRM Labs and CertiK, the perfect storm of minimal regulation, retail FOMO, and influencer-driven token launches created a fertile ground for scammers and criminals.

Crypto Crime Surge: $1.4 Billion Lost in 2025

In 2025, crime related to cryptocurrency has reached an all time high nearing 1.4 billion dollars in loss. This increase is also part of a bigger pattern in what scholars are terming as a supercycle of crypto crime. TRM Labs reported that this is already more than the value of crypto crime in 2024. This is a concerning rise in the number of illegal activities facilitated by regulatory gaps and increasing FOMO (fear of missing out). The online ma…

Rising Crypto Crime Driven By Lack Of Oversight And Retail FOMO - Data Intelligence

Slow regulations, fear of missing out (FOMO) and growing adoption are powering a crypto crime “supercycle,” according to cybersecurity practitioners.  Crypto crime losses hit a new record in the first half of 2025, beating the previous record set in 2022 and nearly equal to the total losses from all of 2024. Losses in the first half of 2025 have already surpassed all of 2024 combined. Source: TRM Labs  Speaking to Cointelegraph, Bill Callahan, a…

FOMO & Loose Regulations Ignite Crypto Crime Wave

The surge in cryptocurrency adoption has been paralleled by a significant increase in crypto-related crimes, catalyzed by regulatory voids and widespread Fear of Missing Out (FOMO). Experts now caution that the combination of these factors could be fomenting a ‘crypto crime supercycle,’ threatening to undermine the financial security and regulatory frameworks of digital assets. Exploring the Regulatory Gaps The crux of the problem lies in the pa…

Crypto Crime Losses Could Rise Amid Regulatory Gaps and Growing Risks, Says Expert

Crypto crime losses have surged to unprecedented levels in the first half of 2025, driven by regulatory gaps, investor FOMO, and the rapid expansion of digital assets. Experts highlight that