In recent years, the world has witnessed an unprecedented surge in the popularity and adoption of cryptocurrency. The decentralized nature and potential for high returns have attracted a myriad of investors and enthusiasts alike. However, this rapid growth has also given rise to a darker side of the industry – cryptocurrency fraud. As the digital landscape evolves, so do the tactics employed by fraudsters, prompting regulators to take decisive action in the form of cryptocurrency fraud regulations.

The Proliferation of Cryptocurrency: A Double-Edged Sword

The advent of cryptocurrencies, led by the infamous Bitcoin, promised a decentralized financial system free from