On June 20, CoinWorld reported that blockchain security experts ZachXBT and Taylor Monahan pointed out that the promotion of memes by American politicians and the abandonment of certain encryption lawsuits by regulatory agencies have fueled cryptocurrency criminal activities. Data shows that losses from hacker attacks, phishing scams, and rug pulls exceeded $2 billion in the first quarter of 2025. ZachXBT criticized the regulatory direction as being unfocused, failing to effectively combat undisclosed paid promotions and other behaviors. Monahan believes that the current cost of crime is extremely low while the profits are substantial, leading to a continuous influx of hackers and scammers into the field. Experts warn that without effective regulatory measures, this "criminal supercycle" may continue to worsen.

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