Definition ∞ Scam facilitation describes actions that enable or assist fraudulent schemes, often through platform services. This can involve providing infrastructure, payment processing, or communication channels that unknowingly or knowingly aid malicious actors in conducting scams, such as phishing attacks or fake investment opportunities. In the digital asset space, platforms that lack robust anti-fraud measures can inadvertently become tools for illicit activities. Addressing this requires stringent compliance and security protocols.
Context ∞ Crypto news frequently highlights instances of scam facilitation, particularly concerning exchanges or platforms with lax Know Your Customer and Anti-Money Laundering policies. Regulatory bodies are increasingly pressuring service providers to implement stronger controls to prevent their platforms from being exploited by fraudsters. The ongoing fight against scam facilitation is crucial for improving trust and safety within the digital asset ecosystem.
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