Inquiring Cryptocurrency Users: Which Crypto Fraud Scams Surfaced this Year?
Welcome to our latest analysis, "Crypto Report 2025: The Tipping Point." This article offers valuable insights into the future trends of the cryptocurrency industry, focusing on navigating fraud threats and evolving regulations.
At the heart of our discussion is the bi-weekly Q&A series launched by Sumsub, a leading identity verification and AML/KYC compliance company. The series, published every other Thursday, promises to delve into a variety of topics, including regulatory compliance, verification, automated solutions, and more.
In the first Q&A session, Anastasia Shvechkova, Head of Business Development at Sumsub, will discuss common crypto fraud schemes. While we cannot provide specific details about the schemes discussed in this session, general industry knowledge suggests that these may include phishing attacks, Ponzi/pyramid schemes, fake ICOs or token sales, pump and dump schemes, money laundering through crypto exchanges or mixers, and impersonation and synthetic identity fraud during KYC onboarding processes.
The Q&A series will feature experts from legal, tech, and other fields, providing a comprehensive perspective on the industry's challenges and opportunities. To follow along, you can tune into Sumsub's Instagram and LinkedIn channels. For those interested, Anastasia Shvechkova's LinkedIn profile can be accessed here.
This article also explores fresh industry data, fraud threats, and evolving regulations, offering expert recommendations to guide your strategy in the ever-evolving world of cryptocurrency. Stay tuned for more insights as we continue to unravel the mysteries of the crypto landscape.
In the bi-weekly Q&A series by Sumsub, technology and finance experts discuss topics like regulatory compliance and verification, which are essential for investors navigating the cryptocurrency industry and mitigating fraud threats. Anastasia Shvechkova, Head of Business Development at Sumsub, will delve into common crypto fraud schemes in the first session, providing valuable insights for those interested in investing in the industry.
