200,000 fake AI ‘victims’ deployed to scam bait online fraudsters
Australian tech firm Apate deploys a vast array of AI-bot characters worldwide that play the role of gullible scam victims to waste millions of hours...
Tag : Scam
MiCA scam warnings rise as 1,000+ firms lose EU access
MiCA migration scams are targeting European crypto users after the European Union’s final grandfathering period ended on July 1, forcing unauthorized crypto asset service providers...
Singapore crypto job scam costs company $11.8 million
A fake cryptocurrency job offer that infected a company-issued device has led to US$11.8 million in losses after attackers gained access to corporate systems and...
Japan FSA pushes crypto withdrawal delays after scam surge
Japan’s Financial Services Agency and National Police Agency asked cryptocurrency exchanges on Aug. 6 to introduce withdrawal delays, address registration and stronger fraud controls as...
Hong Kong crypto romance scam costs woman $3.3M
A Hong Kong woman reportedly lost around $3.3 million after an online romantic partner directed her to a fraudulent cryptocurrency investment platform. Summary 25 romance-linked...
XRP Price Stabilizes as Korean Police Arrest Three in Fraudulent Scam
XRP price is trading around $1.08 after slipping over the past 24 hours. Even so, the market stayed relatively steady despite a major fraud case...
Chinese newspaper warns of Bitcoin extortion scam using its name
China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies. China Business Journal, a state-affiliated newspaper, has...
Chinese newspaper warns firms over Bitcoin extortion scam
China Business Journal warned on July 30 that fraudsters had impersonated the publication while demanding Bitcoin from companies threatened with negative news coverage. Summary China...
Myanmar Approves Death Penalty for Forced Scam Labor, Life for Crypto Fraud
In brief Myanmar’s military-backed parliament passed the Anti-Online Scam Bill on Tuesday, the first law under Min Aung Hlaing’s new government. A draft published in...
Robinhood CEO Vlad Tenev’s X account hacked in $10M memecoin scam
Robinhood CEO Vlad Tenev’s X account has been hacked to promote a fake company-linked memecoin that briefly reached a market capitalization of about $10 million....