Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure New Zealand authorities have arrested a Wellington-based man in connection with an international hundred-million-dollar cryptocurrency scam operation. The probe into this fraudulent scheme is being led by the US Federal Bureau of Investigation (FBI), resulting in simultaneous arrests of suspects across both … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto scams hit an all-time high in 2024, with Americans losing a whopping $9.32 billion to digital currency scams, a new FBI report released on Monday showed. The losses are a 66% increase from last year’s and account for over half of … Read more
A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 months in jail on February 20. The charges stemmed from her fraudulent activities that involved defrauding ByBit Fintech, a Seychelles-based cryptocurrency exchange, of over $5.7 million. The Charges And How The Fraud Happened According to … Read more
Panarat Thepgumpanat and Panu Wongcha-UM BANGKOK (Reuters) – Thailand and China will work together to crack down on fast-growing networks of illegal call centers along Thailand’s border with Myanmar and Cambodia, often staffed by traffickers who target people with phone and online scams. Southeast Asia – particularly the border areas between Thailand, Myanmar, Laos and … Read more
A recent report warned about a new sophisticated phishing scam targeting unsuspected crypto users. The scheme involves fake Zoom meeting links to trick investors into downloading malicious software to steal their assets. Fake Zoom Link Steals Private Data On Friday, Blockchain security firm SlowMist warned investors that hackers had been targeting crypto users with a … Read more