Malaysian police have reported a significant rise in investment scams, with 9,603 cases recorded in 2025, resulting in losses amounting to RM 1.47 billion. Among the top five scam methods identified, fraudulent cryptocurrency platforms have been highlighted as a major concern. Authorities noted an increasing trend of scammers using cryptocurrencies like USDT to lure victims into transferring funds to digital wallets on illegal platforms. Cryptocurrency-related scams ranked second in frequency, following stock investment scams.