PANews reported on April 18 that according to Bitcoin.com, Diosnel Alarcon, head of the Paraguayan National Police Cybercrime Unit, pointed out that in 2023 and 2024, cryptocurrency scams and Ponzi schemes transferred more than $4 billion, and illegal intermediaries took advantage of investors' ignorance of cryptocurrency to promote crime. They set up fake platforms as bait, first adding small profits to victims' accounts, and victims only realized they were deceived a few months later. This figure includes platforms that use Paraguay as a transit to transfer illegal funds. Although cryptocurrency transactions are traceable, it is not easy to recover funds and identify the behind-the-scenes due to international bureaucratic procedures. However, if the case is reported quickly, the authorities may be able to prevent the crime and recover the funds.