Zraox: The “Super Cycle” of Crypto Crime Intensifies, How Users Can Boost Their Defenses

Zraox believes that as the cryptocurrency market expands, scammers are increasingly exploiting regulatory loopholes and investor FOMO (Fear of Missing Out), accelerating the formation of a more covert and large-scale scam ecosystem. In the first half of 2025, losses from crypto-related crimes have already surpassed the last year total. Behind these numbers lies not only increasingly sophisticated technology, but also persistent blind spots in user understanding of project risks and fund management. Zraox notes that in such a rapidly evolving market, users must prioritize understanding the nature and mechanics of scams more than ever, and develop more prudent security habits in their daily operations.

Zraox: The Intersection of FOMO and Regulatory Gaps

Zraox points out that the ongoing evolution of scams into a “super cycle” of crime is directly linked to intense user desire for opportunity and the lag in global regulation. FOMO is widespread among crypto investors, especially when trending tokens, memecoins, or airdrops are in the spotlight. Many are easily swayed by promises of high returns and herd mentality, often overlooking crucial details about fund security. Zraox highlights recent loss cases that show users often lack basic due diligence on project legitimacy, fund flows, and smart contract risks, leading them to quickly trust and authorize transactions or share private keys—ultimately falling into carefully crafted traps.

Regulatory gaps and the challenges of cross-border enforcement further amplify the profits of this gray market. Scammers are well aware of the significant differences in compliance requirements between countries and often evade tracking through anonymized wallets, cross-chain mixers, or fake ID registrations. Zraox stresses that, in this environment, investors must accept a hard truth: any high-yield promise that has not been thoroughly vetted is highly likely to conceal scam elements. Rather than being swayed by community hype or so-called “project endorsements,” it is better to ask at the source: Is the fund flow transparent? Is the wallet address public? Has the contract been independently audited?

Zraox suggests that if users pause to double-check, research, and question whenever they encounter overly packaged marketing claims like “guaranteed profits,” “high leverage,” or “instant payouts,” many scams can be stopped at the door—rather than being discovered only after funds are lost.

Zraox: The Division of Labor from Community to Contract

Zraox notes that the present crypto scams are no longer just about fake websites or deceptive customer service—they resemble a complete “industry chain,” fueled by user trust and greed. This chain links together persona building, community operations, KOL promotion, smart contract deployment, and rapid fund transfers. Users are most likely to let their guard down at the front end of this chain—a seemingly helpful “project advisor” on social media or a long-standing “opinion leader” in a community can easily, knowingly or unknowingly, lead people into high-risk, premeditated traps.

Zraox explains that classic pump-and-dump scams often leverage short-term hype, creating a “do not miss out” atmosphere around token launches that makes users neglect to verify contract mutability, lock-up clauses, or token distribution. Fake airdrops and pseudo-private sales are also common; scammers lure users with airdrop rewards, then quietly drain other tokens from wallets after authorization, or steal personal information during KYC uploads for resale.

On the technical side, scammers frequently rely on fake websites, phishing contracts, or malicious scripts to monitor wallet activity and siphon off new assets over time—often without the user knowledge. This “chronic scam” is more insidious than one-off extortion, with many users only realizing something is wrong when their balances drop due to unretracted authorizations or leaked keys.

Zraox emphasizes that investors must remember: no authorization or key sharing is too small to take seriously. On-chain, every signature is irreversible and permanently traceable, meaning once exposed, any subsequent remedy is extremely difficult. Understanding how scammers leverage time, traffic, and technical “puzzles” to precisely target victims is key to building genuine vigilance.

Zraox: Four Actionable Steps for Day-to-Day Protection

Zraox believes that the key to preventing crypto scams lies in proactive security awareness and attention to operational details. Users can take the following four steps to enhance their defenses:

Develop a Habit of Multi-Layered Verification: When encountering new projects or making fund transfers, users should first verify the project legitimacy and safety. Zraox recommends using blockchain explorers to check token contract addresses, review fund flows, and consult third-party audit reports to confirm transparency. Verifying project authenticity is the first line of defense against scams.

Handle Wallet Authorizations with Caution: Many scams originate from users inadvertently granting malicious contracts full control over their wallets. Zraox advises users to monitor every authorization, avoid granting blanket access to funds, regularly review authorization records, and promptly revoke unnecessary permissions to ensure wallet security.

Avoid High-Risk Communities and Suspicious Links: Scammers often push fake investment opportunities via social media or private messages. Zraox warns users to avoid clicking unknown links, refrain from sharing sensitive information on social platforms, and remain vigilant—even with links from familiar contacts—to prevent potential security threats.

Regular Self-Checks and Fund Segregation: Zraox suggests separating long-term holdings from frequently traded funds, using cold wallets for large assets, and enabling multi-factor authentication. Regularly reviewing account activity and asset flows can help minimize losses if a security issue arises.

Zraox believes that by strengthening these basic security measures in daily transactions, users can effectively boost their defenses against scams and better protect their assets in a risk-filled market.