2025 NICB Pub. 4 Issue 2

CRYPTO SCAMS AND CRYPTO FRAUD DETECTION FOR FINANCIAL INSTITUTIONS By TERRI LUTTRELL, CAMS-Audit, CFCS, Compliance and Engagement Director, Abrigo With cryptocurrency investments rallying post-election 2024, consumers and financial institutions alike must stay alert to an ever-growing threat of crypto fraud. Offering many opportunities for investors, cryptocurrency is also a playground for scammers. As it becomes more integrated into our financial system and scams increase, crypto fraud prevention must be a priority. 8 NEBRASKA INDEPENDENT BANKER

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