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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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  • Robinhood crypto revenue doubles as CEO bets big on asset tokenization
  • Kraken's Q2 earnings dip as exchange expands beyond crypto
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  • Tornado Cash co-founder faces jury after closing arguments wrap
  • Treasury companies solve Ether's narrative problem — Bitwise exec
  • ETH chart divergence flashes warning while onchain metric predicts rally to $4.5K
  • Fundamental Global sinks 13% following Ether treasury news

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