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Crypto scam hub expose stunt goes viral, Kakao detects 70K scam apps: Asia Express

cryptoweekly by cryptoweekly
May 22, 2025
in bitcoin, News
0

Viral footage of a YouTuber’s crypto scam hub expose stunt in the Philippines notches 2.7M views, Kakao uncovers 70K scam apps. Asia Express.

The Philippines’ Cybercrime Investigation and Coordinating Center (CICC) has launched an official investigation into a suspected scam operation based in the island city of Cebu, following a viral expos by YouTube content creator mrwn.

In a 23-minute video that has garnered over 2.7 million views on YouTube and is spreading rapidly across social media, mrwn reveals how he hacked into the scam centers computers and CCTV system, exposing what appears to be a fraud ring operating out of a call center-style office.

According to mrwn, the operation is estimated to earn $800,000 annually, with agents defrauding victims overseas through various methods, including stealing credit card data and coercing victims to transfer cryptocurrency via Bitcoin ATMs.

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Recent Posts
  • Iranian crypto exchange Nobitex reportedly exploited for $73M: ZachXBT
  • Bitcoin, crypto dip as Trump says Iran’s leader an ‘easy target’
  • Agriculture firm AgriFORCE powers 120 crypto miners with natural gas
  • Archetyp dark web market shut down, but ecosystem adapts: TRM Labs
  • Washington’s second-biggest city, Spokane, bans crypto ATMs
  • Spanish bank BBVA suggests clients make 7% crypto allocation
  • Bitcoin and HYPE could get $844M total windfall from 4 public US firms

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