Fraud on crypto platform

In Malaysia, cryptocurrency platforms fall under the oversight of the Securities Commission (SC), which treats many token‑sale activities as securities. If you’ve been misled and suffered fraud, start by filing a detailed complaint with the SC (including screenshots, transaction records and communications) and simultaneously lodge a police report with the Cyber Crime Investigation Division to create an official criminal record. With this evidence you can also consider a civil claim for damages in the High Court (or Shariah Court if applicable). Pursuing these regulatory, criminal and civil routes together maximizes your chances of recovering losses and holding the fraudulent platform accountable. For advice specific to your circumstances, it’s advisable for a consulation.

Sinecerly,
Ascendence International Consulting