AI-powered deepfakes are becoming a significant tool in crypto scams, with fraudsters impersonating public figures and executives to deceive users. A recent report highlights the alarming increase in these sophisticated schemes.
Tag: Cybercrime
US Cracks Down: Five Plead Guilty in $37M Crypto Scam Ring
Five individuals have pleaded guilty in connection to a $37 million international crypto scam, highlighting the ongoing efforts to combat crypto-related financial crimes.
Crypto Scam Ring Busted: $37M Laundering Scheme Unravels, Sending Shockwaves Through the Market
Five individuals plead guilty in a $37 million international crypto scam, highlighting the growing crackdown on illicit activities and potential implications for market trust and regulatory scrutiny.
US Treasury Sanctions Philippines Tech Firm Funnull for Aiding Crypto Scams
The US Treasury has sanctioned Philippines-based tech firm Funnull, accused of providing services to thousands of crypto scam websites. This action highlights the increasing regulatory focus on combating crypto-related fraud.
US Sanctions Philippines Tech Firm Funnull for Aiding Crypto Scams: Analyzing the Impact
The US Treasury has sanctioned Funnull Technology, a Philippines-based firm, for allegedly providing services to thousands of crypto scam websites, highlighting the ongoing battle against crypto fraud.