Spike in cryptocurrency crimes

The most common type of crime involving cryptocurrencies are scams that deal with buying and selling these digital currencies.

CRIMES involving virtual money, or cryptocurrencies, are on the rise, and victims in Malaysia are suffering bigger losses to scammers and cybercriminals.

From RM4.9mil in 2019, the total amount of losses from victims have more than tripled to RM18.3mil as of September this year, based on police statistics made available to Sunday Star.