🚨 Crypto Compliance Crisis: $9.9B Lost to Scams in 2024

Crypto fraud is skyrocketing, with losses hitting $9.9B this year alone. 😱 A shocking 90% of UK crypto apps failed basic AML checks, exposing users to massive risks.

The solution? **Data sharing.** Industry leaders argue that transparent collaboration between exchanges, regulators, and law enforcement is key to stopping bad actors. Without it, scams will keep draining billions.

#CryptoCompliance #StopTheScams

(Source: CoinTelegraph)