How APAC leads the world in fighting crypto fraud
Cryptocurrency fraud has been growing globally for several years now, leading to various financial losses. APAC countries are taking a stance in this fight, leading the charge with stronger regulations, advanced technology, intelligence sharing, and other practices. Entrepreneurs and businesses must understand and adopt similar efforts to protect their investments and ensure sustainable growth.
Being aware of the rise in crypto fraud
The first step in fighting crypto fraud is understanding the magnitude of the cases that investors face. According to Chainalysis, activity has increased by 24 percent every year on average since 2020. Some may create investment or giveaway schemes, while others resort to phishing and…
