According to a report by the *New Straits Times*, the Malaysian police (Bukit Aman Commercial Crime Investigation Department) revealed that in 2025, there were 9,603 investment scam cases in the country, resulting in losses of up to RM 1.47 billion. The police highlighted five major scam methods, with "fake cryptocurrency platforms" being one of the hardest-hit areas. They stated that current crime trends show scammers are increasingly using cryptocurrencies like USDT (Tether) to lure victims into transferring funds to digital wallets on illegal platforms. Data shows that among all investment scams, cases involving cryptocurrencies rank second, just behind stock investment scams. https://(wublock123.com)/news/malaysia-police-147m-rm-investment-scam-losses-crypto-cases-second-59762