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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Focus

From tragedy to togetherness with Airbnb
Unapologetic and unashamed: American empire strikes out
No love for K-pop stars
Living next door to tourists
Coming-of-Age Day in Japan: The country’s youth face new challenges
Face to face: Trust on trial
Hosting the tourism rush
What makes a youth leader?
Curtains down at Kabul cinema
Philippine purple treat under threat

Others Also Read