Big Tech’s Failure to Protect Us! In the modern age of AI, you’d think multimillion-dollar tech companies like Facebook would be doing everything possible to protect their users from scams.

Instead, we see the opposite: polished scam ads promoted directly into people’s feeds. Recently, New Zealand media highlighted that TradeMe — the country’s largest trading platform — doesn’t even offer two-step verification on logins.

Criminals are breaking into accounts using basic brute-force tools, and yet the company still hasn’t implemented this simple safeguard.

If TradeMe can’t keep accounts secure, is it any surprise that Facebook, with far greater resources, continues to allow scam content to be published and promoted? These posts could easily be monitored and flagged for review, but they’re not. The result: vulnerable people, often already victims of fraud, are being served sophisticated “recovery scam” ads that look official but are designed to rob them again.

A Warning About DAIA’s Website

When I searched for “Digital Asset Insurance Alliance,” I found their website at dai-alliance.com. Chrome immediately flagged it with a “Dangerous site” warning, meaning attackers might try to trick you into installing malicious software or handing over sensitive details like your passwords, phone number, or credit card information.

If you ever see this warning, do not proceed. Chrome uses Google Safe Browsing to detect phishing and compromised sites, and if you ignore it, you’re putting yourself at serious risk. Recovery scams don’t just want your lost money — they’ll happily steal even more through malware or stolen credentials.

What DAIA Claims

The Digital Asset Insurance Alliance (DAIA) advertises itself as a recovery service for victims of crypto, forex, and trading scams. Their pitch sounds reassuring:

  • They claim to “work with financial regulators” and use “traceable evidence” to launch legal action.
  • They suggest victims may be “eligible for legal compensation” if they lost funds to fraudulent platforms.
  • They promise that recovery can “begin immediately” if your case matches an active investigation.
  • They encourage users to fill out detailed forms about their financial loss, payment methods, and scam type.

At first glance, the legal-sounding Terms and Conditions give the appearance of a professional organisation. But the cracks show quickly.

Red Flags in DAIA’s Pitch

Despite the polished presentation, DAIA shows the hallmarks of a recovery scam:

  1. Facebook as the main channel – Legitimate recovery programs run through government websites or regulators, not Facebook ads.
  2. Boilerplate legal text – The Terms and Conditions are generic and contain placeholders like “[Jurisdiction],” which no real legal contract would leave unfinished.
  3. Preying on the vulnerable – Promising “immediate recovery” is a huge red flag. Recovery scams target victims who have already lost money, convincing them to pay additional fees or share sensitive information.
  4. No independent verification – DAIA does not appear on any regulator’s registry in New Zealand, Australia, the UK, or the US. Real compensation schemes (like FSCS in the UK or NZ’s dispute resolution services) can be verified through official government directories.

The Truth About “Crypto Recovery”

The harsh reality is this: crypto recovery is almost always a lie. Very few legitimate services even acknowledge it as possible. At best, forensic blockchain specialists can tell you where your funds went, but they cannot retrieve them. Once money is gone into a scammer’s wallet and cashed out, it’s almost impossible to get it back.

So when a Facebook ad tells you recovery is simple, fast, or guaranteed — that’s not a service. That’s a scam.

Conclusion: Platforms Profit While Victims Suffer

The Digital Asset Insurance Alliance looks slick, but all the evidence points to it being a recovery scam using Facebook ads to prey on victims. And the truth is, the problem goes deeper than DAIA — the real scandal is that platforms like Facebook are enabling these scams.

Despite making billions from advertising, Facebook refuses to invest properly in protecting its users. Scam ads could be easily flagged, yet they’re promoted to people who are least able to recognise the danger. I’ve personally reported pages openly promoting scams — some even with government warnings — but instead of removing the fraudsters, Facebook banned my account after those same scammers filed malicious complaints against me.

Think about the irony: I’ve been featured in the New York Times, appeared in a documentary, and was part of a Bloomberg investigation that ran for 10 months, yet Facebook branded me the scammer. And there’s no appeal to a real human being.

The sad reality is that platforms are profiteering off scam ads while silencing the people exposing them. Until they take responsibility, the burden falls on individuals to be sceptical, report scams to regulators, and never trust recovery services found through social media ads.

“When platforms profit from fraud, they stop being neutral hosts and become part of the scam.”

Disclaimer: How This Investigation Was Conducted

This investigation relies entirely on OSINT — Open Source Intelligence — meaning every claim made here is based on publicly available records, archived web pages, corporate filings, domain data, social media activity, and open blockchain transactions. No private data, hacking, or unlawful access methods were used. OSINT is a powerful and ethical tool for exposing scams without violating privacy laws or overstepping legal boundaries.

About the Author

I’m DANNY DE HEK, a New Zealand–based YouTuber, investigative journalist, and OSINT researcher. I name and shame individuals promoting or marketing fraudulent schemes through my YOUTUBE CHANNEL. Every video I produce exposes the people behind scams, Ponzi schemes, and MLM frauds — holding them accountable in public.

My PODCAST is an extension of that work. It’s distributed across 18 major platforms — including Apple Podcasts, Spotify, Amazon Music, YouTube, and iHeartRadio — so when scammers try to hide, my content follows them everywhere. If you prefer listening to my investigations instead of watching, you’ll find them on every major podcast service.

You can BOOK ME for private consultations or SPEAKING ENGAGEMENTS, where I share first-hand experience from years of exposing large-scale fraud and helping victims recover.

“Stop losing your future to financial parasites. Subscribe. Expose. Protect.”

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