The Securities and Exchange Commission has taken action against multiple entities involved in operating a crypto fraud scheme operated through WhatsApp. The enforcement action highlights ongoing efforts by U.S. regulators to crack down on illicit activities in the digital asset space. This case underscores the importance of vigilance when engaging in crypto transactions, particularly through messaging platforms where identity verification can be compromised. Users should remain cautious of unsolicited investment opportunities and verify the legitimacy of any entity before transferring funds.