As Bitcoin approaches the $100,000 mark, Malaysians are being warned about a surge in cryptocurrency scams. With a significant increase in scams globally, including Malaysia's losses of $12.8 billion annually, criminals are leveraging Bitcoin's bullish trends to exploit investors. Common scams include fake investment opportunities, phishing, impersonation, and fraudulent apps, often using social media and fake endorsements to lure victims. Authorities urge caution when dealing with unsolicited offers and unverified platforms. Investors are advised to conduct thorough due diligence and avoid sharing sensitive financial information to protect themselves during this volatile yet opportunistic period.