Meyer Wilson Werning has announced the creation of the Meyer Wilson Werning Cryptocurrency Fraud Awareness Scholarship, which will provide $2,500 in financial support to a student who proposes effective strategies to combat cryptocurrency investment fraud. The initiative responds to a significant increase in fraudulent schemes targeting vulnerable individuals through sophisticated online manipulation and fake investment platforms.
The scholarship requires eligible students enrolled in accredited U.S. colleges, universities, or graduate schools to submit a 500- to 1,000-word essay outlining real-world solutions to reduce cryptocurrency fraud. Applicants must propose at least three actionable strategies, describe one personal action they could take to protect their families or communities, and explain why their proposed solutions would be successful. Applications are open until September 15, 2026, and must include the essay, proof of enrollment, and unofficial transcripts. Interested students can find details on the application process by visiting the firm's scholarship page.
Courtney M. Werning, Esq., a partner at Meyer Wilson Werning, emphasized the urgency of the issue, noting that cryptocurrency fraud has become a significant portion of the firm's caseload and is expected to continue growing in 2026. "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 explained. The firm's cryptocurrency hacking and theft lawyers have witnessed the devastating effects of these scams firsthand, which often involve fraudulent exchanges, phishing schemes, and fake platforms.
The scholarship is part of Meyer Wilson Werning's broader commitment to public education and legal action against financial fraud. Last year, the firm conducted 11 Continuing Legal Education sessions and has been featured in publications like USA Today to educate both professionals and the general public about fraud prevention. With over 75 years of combined experience, the firm has recovered more than $350 million for clients affected by fraud and misconduct.
This scholarship program represents a proactive approach to addressing a complex and evolving threat. By engaging students in developing practical solutions, it aims to foster greater awareness and innovative thinking that could benefit individuals, families, and communities nationwide. The initiative highlights the critical need for increased vigilance and education as cryptocurrency becomes more integrated into the financial landscape, potentially influencing how future generations approach digital asset security and fraud prevention.
