Justice for Suchir: Crypto Scams, Regulatory Gaps, and the Fight for Accountability

When we talk about Justice for Suchir, a rallying cry for victims of crypto fraud who lost life savings to fake airdrops, rug pulls, and unregulated exchanges. It’s not just a hashtag—it’s the voice of people who trusted platforms that vanished overnight. Suchir’s story isn’t unique. Thousands like them lost everything to projects with no team, no code, and no legal backup—just a slick website and a Telegram group full of bots.

Behind every crypto scam, a deceptive scheme designed to trick users into sending crypto with no chance of recovery is a broken system. Regulators like Japan’s FSA or South Korea’s FSC enforce strict rules, but in places like Algeria or North Macedonia, crypto is banned outright—or ignored entirely. Meanwhile, crypto fraud recovery, the process of tracing stolen funds through blockchain analytics and cross-border law enforcement remains rare, expensive, and slow. INTERPOL’s HAECHI operation recovered $400 million in 2025, but that’s less than 5% of what was stolen globally. Most victims get nothing.

And yet, the same platforms that enabled these scams still operate under the guise of innovation. Ebi.xyz, FCoin, Dinosaureggs’ DSG airdrop—they all look legit until you dig. They prey on people who don’t know the difference between a real DEX and a honeypot. Even blockchain accountability, the idea that transparent ledgers should make fraud impossible fails when anonymity tools, fake liquidity, and shell companies hide the trail. You can track every dollar sent—but if no one’s legally responsible, who do you sue?

Justice for Suchir means demanding more than warnings. It means pushing for real consequences: licensed exchanges, mandatory KYC for all platforms, and global coordination to freeze stolen funds before they’re laundered. It means calling out fake airdrops like 1DOGE Finance or FOTA CoinMarketCap before they lure the next victim. It means holding regulators accountable when they turn a blind eye to underground markets in Ecuador or North Macedonia.

This isn’t about blaming users. It’s about fixing a system that lets criminals win because the rules don’t match the tech. Below, you’ll find real cases—exchanges that vanished, airdrops that were never real, and the quiet heroes trying to track down what was stolen. These aren’t hypotheticals. These are lives upended. And if we don’t act, Suchir won’t be the last.