Tether freezes $225M USDT linked to romance scammers amid DOJ investigation
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.
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The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.
Google opens lawsuit against scammers offering a malicious version of its AI chatbot Bard that tricks users into downloads and installs malware software on their devices.
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam.
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat.
FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU.
According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum.
Advancements in AI have made it possible to create deepfake videos and voices in which scammers write the scripts to try and illegally obtain others' crypto.
To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
Threat actors have worked out a way to hide malicious payloads in Binance smart contracts to lure victims into updating their browsers from fake prompts, according to cybersecurity researchers.
The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it.