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Crypto scams are abusing trust – one of the foundations of Pacific life

Crypto scams are abusing trust – one of the foundations of Pacific life

Comment: Trust has always been one of our greatest strengths in the Pacific. It may also be one of our greatest vulnerabilities.

Across the region, more people are being drawn into crypto schemes with promises of fast returns, financial freedom and new economic opportunities. Through social media, messaging groups and community networks, crypto promoters are presenting digital investment platforms as pathways to wealth and independence.

What is increasingly concerning is how some of these promoters seek legitimacy by associating themselves with respected public figures, community leaders and government officials. Reporting by PMN highlighted concerns after individuals linked to crypto investment platform BG Wealth were…

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