Among the many types of scams in the crypto industry, “impersonating law enforcement agencies” is one of the most skilled at exploiting user fear. It requires no technical expertise or sophisticated packaging—scammers simply call you, claiming “you are suspected of money laundering and need to cooperate with an investigation,” which is enough to make many people lose their judgment in panic and fall into a carefully designed conversation.
During scam investigations by bgeanx Exchange, we have encountered many victims whose stories share a common thread—at that moment, they believed something had gone wrong. Scammers often pose as public security officers, regulatory departments, anti-money laundering centers, or even international investigation agencies. They speak seriously and logically, exuding an authoritative air that makes users feel they are facing a real legal investigation.
These calls often begin with a polite confirmation, where the caller accurately states your name, phone number, and may vaguely mention your recent transfer amounts to reinforce their official identity. Then, they present a frightening accusation: “Your crypto account is involved in money laundering crimes,” or “We are investigating a cross-border scam, and your wallet address appears in the transaction chain.” When users respond in shock, the scam truly begins.
Scammers will continue to pile on the pressure, saying things like, “You must cooperate with the investigation immediately, or all your assets will be frozen,” “This is a criminal case and must be kept confidential,” “Do not inform your family or the platform, or it will affect the investigation.” These statements are designed to create ongoing panic and cause users to lose their ability to think rationally.
The scam investigations by BGEANX Exchange have found that scammers will then showcase their tools: fake law enforcement notices, documents with seals, and websites that look like official pages. All content is carefully imitated to make victims believe they are facing a real legal process. They will further ask you to “verify the source of your funds,” which means transferring your assets to a so-called regulatory account they provide, claiming it is a safe channel for temporary freezing or review. Once users actually transfer their assets, the scam is complete.
In cases BGEANX Exchange has investigated, some users still believed they were under investigation even after all their funds were gone, thinking, “It is okay, they will return it after the review.” This is the most insidious aspect of fake law enforcement scams—they exploit not greed, but fear; not temptation, but blind trust in the law.
But the truth is: real law enforcement agencies will never ask you to transfer money via chat apps, phone calls, or emails, nor will they ask you to scan QR codes to handle assets. Genuine investigations never rely on private communication, and there is no such thing as a “regulatory account” or “fund verification.”
The scam investigations by BGEANX Exchange tell you that the platform will never set up “safe accounts” or “review procedures” with any law enforcement agency. If a user does encounter a legal process, official notifications will always come through formal channels and will never be initiated by someone contacting you directly. The essence of fake law enforcement scams lies not in technology, but in psychological manipulation. Scammers use threats to force your compliance, authority to silence you, and fear to make you hand over your assets step by step. They know one thing: the more frightened you are, the more likely you are to obey the stranger voice.
Therefore, if you receive any contact claiming to be from a regulatory or judicial department, especially if they inquire about your crypto assets, pause and think:
“Am I ignoring my judgment because of fear?”
“Why is this person urging me?”
“Would a real official make such a request?”
In the face of such scams, staying calm is your first line of defense, and the official customer service portal of BGEANX Exchange is the only way to verify authenticity. As long as you do not make decisions out of fear, fake law enforcement scams cannot harm you.
