TRM Labs Warns of 2026 World Cup Crypto Scams Targeting Fans

TRM Labs has issued a warning about a surge in crypto scams targeting fans of the 2026 FIFA World Cup, which kicked off this week across Canada, Mexico, and the United States. These schemes reportedly include fake ticketing websites, fraudulent betting platforms, and event-themed cryptocurrency promotions. The blockchain intelligence firm has already identified at least four suspicious crypto wallet addresses linked to these activities.

“Criminals always look to exploit major events and cultural moments,” said Ari Redbord, TRM Labs’ global head of policy, in a statement to Cointelegraph. “They don’t wait until kickoff. Scammers build their infrastructure weeks in advance and scale operations as public attention peaks.”

With FIFA expecting around 6.5 million fans to attend matches and projecting a $40.9 billion contribution to the global economy, the event has created a prime opportunity for fraudsters. The FBI has also raised alarms, warning of fake FIFA websites designed to steal personal information, sell counterfeit tickets, and promote phishing scams. Meanwhile, FIFA has cautioned fans to avoid purchasing tickets from unofficial resale platforms, as these may be invalid or canceled without notice.

Crypto Scams on the Rise

The focus on crypto scams at the World Cup highlights broader trends in the misuse of blockchain technology. According to TRM Labs’ recent reports, illicit crypto activity surged in 2025, with $158 billion in estimated illicit transaction volume—more than triple the $45 billion from 2024. Scams accounted for a significant portion of this, reflecting the growing sophistication of fraudsters.

Notably, TRM Labs has been instrumental in combating crypto crime. The company, which achieved a $1 billion valuation after a $70 million Series C funding round earlier this year, collaborates with law enforcement worldwide. In August 2025, its T3 Financial Crime Unit helped freeze over $250 million in illicit crypto assets. TRM also provides analytics tools to financial institutions, crypto firms, and government agencies to track and investigate crimes on the blockchain.

Fans Urged to Stay Vigilant

As the World Cup progresses, ticketing and betting demand is expected to rise, creating ongoing opportunities for scammers. FIFA confirmed that tens of thousands of tickets remain unsold on its official resale portal, adding complexity to the already high-risk secondary market. Fans are advised to purchase tickets exclusively through FIFA’s official channels and to exercise caution when encountering unsolicited crypto-related offers tied to the tournament.

For crypto investors, this is a reminder of how major global events can intersect with blockchain misuse. While decentralized finance continues to evolve, the same transparency that aids law enforcement can also attract bad actors. TRM Labs’ insights underscore the importance of due diligence, not only for fans but also for regulators, exchanges, and compliance officers monitoring these activities in real-time.

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