MAGIC (MAGIC) is the central token of the Treasure ecosystem, focused on games, NFTs, and metaverses on the Arbitrum network. Due to its decentralized design and the perception of anonymity, it is potentially attractive for criminal activities.

Scams are often bold and extroverted: for example, an international network was dismantled after carrying out fraudulent operations in several countries, using numerical deceptions to extract more money than permitted, taking advantage of the lack of experience and controls in physical stores handling crypto assets.

Criminals operate in a sneaky manner, exploiting human and technological vulnerabilities: they extort, steal, and launder funds quickly, facilitated by the global and digital nature of cryptocurrencies. The case of Pakistan shows how an enticing deal ends in an ambush with direct threats and forced transfers, even bypassing authority figures.

Anonymity and the lack of clear regulation promote criminal gain and the difficulty in tracing stolen funds, although public networks can, in certain cases, allow for traceability, which has led to the partial recovery of assets and the arrest of gangs.

The MAGIC ecosystem also involves legitimate earning opportunities for users through games and staking, but the popularization of such assets multiplies the risk of use for illicit purposes, especially if there is insufficient training or caution#CryptoIn401k #cryptouniverseofficial #ElonMuskTalks $MAGIC