Preventing Asia’s Crypto Crime Wave: Localized Security Is Key

Crypto crime in Asia is surging, resulting in losses exceeding $1.5 billion in the first half of 2025. This surge, fueled by scams like the Bybit hack and pig butchering schemes, highlights the need for localized security measures to tackle the unique challenges within the region. AMLBot CEO Slava Demchuk argues that without targeted risk detection and strong public-private partnerships, crypto capital will continue to circulate unchecked, undermining trust in the entire blockchain ecosystem.