Cryptocurrency fraud increasingly targets vulnerable individuals through sophisticated online manipulation and fake investment platforms, prompting legal action and educational initiatives. Meyer Wilson Werning has announced the Meyer Wilson Werning Cryptocurrency Fraud Awareness Scholarship, offering $2,500 in financial support to a deserving student who can propose real-world solutions to reduce cryptocurrency investment fraud.
The scholarship calls for eligible students from accredited colleges, universities, or graduate schools across the United States to write a 500- to 1,000-word essay proposing actionable strategies. Students must include at least three actionable strategies to combat fraud, one personal action they could take to protect their families or communities, and an explanation of why their proposed solutions would succeed. Applications are now open and must be submitted by September 15, 2026, through the firm's scholarship page.
The importance of this initiative stems from the devastating effects of cryptocurrency fraud witnessed firsthand by the cryptocurrency hacking and theft lawyers at Meyer Wilson Werning. Courtney M. Werning, Esq., of Meyer Wilson Werning explains that cryptocurrency fraud is expected to continue growing in 2026, as it has become a significant portion of the firm's caseload. "We're raising awareness of that fact while simultaneously warning the American public, through the college-aged applicants, of how bad this is. People should be checking in on their parents and grandparents right now," Werning stated.
This scholarship represents part of broader efforts to combat financial fraud through public education and legal action. Meyer Wilson Werning conducted 11 Continuing Legal Education sessions last year and has appeared in publications like USA Today to educate professionals and the public about prevention. The firm has over 75 years of combined experience helping individuals recover financial losses caused by fraud and misconduct, having successfully recovered more than $350 million on behalf of clients.
For cryptocurrency-related cases, Meyer Wilson Werning's team works to hold scammers accountable in situations involving fraudulent exchanges, phishing schemes, and fake platforms. Courtney M. Werning's role on the Public Investors Advocate Bar Association Board of Directors and the FINRA National Arbitration and Mediation Committee helps shape the rules and processes governing investor disputes nationwide, advancing the firm's commitment to safeguarding investors from financial misconduct.
The scholarship initiative matters because it directly addresses a growing threat that impacts vulnerable populations while engaging the next generation in developing practical solutions. By requiring students to research and propose anti-fraud strategies, the program not only provides financial assistance but also fosters awareness and critical thinking about digital security. The implications extend beyond individual protection to potentially influencing industry practices and regulatory approaches, as educated consumers and professionals can better identify and report fraudulent activities.
