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Aussie regulator to shut 95 ‘hydra’ firms linked to crypto, romance scams
8.4.2025
Australia’s corporate watchdog has been given the nod to shut down 95 “hydra” companies that it suspects engaged in crypto investment and romance scams, known as “pig butchering.”The Australian Securities and Investments Commission’s application to wind up...
Aussie regulator to shut 95 ‘hydra’ firms linked to crypto, romance scams
8.4.2025
Australia’s corporate watchdog has been given the nod to shut down 95 “hydra” companies that it suspects engaged in crypto investment and romance scams, known as “pig butchering.”The Australian Securities and Investments Commission’s application to wind up...
AI-powered romance scams: The new frontier in crypto fraud
27.1.2025
AI-powered romance scams leverage chatbots and deepfakes to deceive crypto users, posing new challenges in fraud prevention
AI-powered romance scams: The new frontier in crypto fraud
27.1.2025
AI-powered romance scams leverage chatbots and deepfakes to deceive crypto users, posing new challenges in fraud prevention
AI-powered romance scams: The new frontier in crypto fraud
27.1.2025
AI-powered romance scams leverage chatbots and deepfakes to deceive crypto users, posing new challenges in fraud prevention
Trump’s executive order sparks $1.9B of inflows to crypto ETPs
27.1.2025
Crypto ETPs posted another successful week amid US President Donald Trump signing a pro-crypto executive order and Bitcoin reaching a new high
Trump’s executive order sparks $1.9B of inflows to crypto ETPs
27.1.2025
Crypto ETPs posted another successful week amid US President Donald Trump signing a pro-crypto executive order and Bitcoin reaching a new high
Bitcoin falls below $100K for the first time under Trump presidency
27.1.2025
The rise of the Chinese AI model DeepSeek has rattled global markets as the crypto market sees $864 million in 24-hour liquidations
Bitcoin falls below $100K for the first time under Trump presidency
27.1.2025
The rise of the Chinese AI model DeepSeek has rattled global markets as the crypto market sees $864 million in 24-hour liquidations
Anti-Graft Agency Arrests 792 Suspects in Major Crypto Romance Scam Bust in Nigeria
19.12.2024
The Nigerian Economic and Financial Crimes Commission (EFCC) recently arrested 792 suspects involved in crypto romance scams. Scams Traced to Foreign Kingpins The Nigerian anti-graft body, the Economic and Financial Crimes Commission (EFCC), recently arrested 792 suspects implicated in crypto...
Hong Kong’s Fraud Empire Collapses: How Triads, AI, and Fake Love Fuel Massive Crypto Heist
19.10.2024
Hong Kong police have dismantled a notorious fraud syndicate responsible for defrauding victims of HK$360 million using romance scams tied to fake cryptocurrency platforms. Arresting 27 individuals, some linked to triads, they revealed the sophisticated use of deepfake technology and digital media...
CFTC Teams up With SEC to Fight Cryptocurrency Scams
14.9.2024
The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic relationships. These partnerships aim to help consumers...
Scammers ditch ‘elaborate’ crypto Ponzis for pig butchering: Chainalysis
29.8.2024
The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media.
2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
23.8.2024
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement
FTC issues urgent warning over rising crypto romance scams
11.6.2024
The FTC asked users to report scammers to the government and warn their loved ones about the scam
FTC Warns of Crypto Scams From Online Love Interests
11.6.2024
The U.S. Federal Trade Commission (FTC) has issued a warning about cryptocurrency romance scammers who offer investment advice. The FTC emphasizes the risks involved and urges immediate reporting and caution to protect others. “They establish an emotional connection with you so you’re more...
Romance and crypto scams surge on Canadian dating apps
29.5.2024
Canadian authorities warn against discussing cryptocurrency investments with online matches, advising that such conversations should be considered a red flag
Crypto Bros Are Falling For Romance Scams At A Record Rate: Chainalysis
29.2.2024
Romance scams were a brutal driver of illicit crypto activity last year, according to blockchain investigators at Chainalysis. The blockchain intelligence platform’s 2024 Crypto Crime Report states that so-called “pig butchering scams” nearly doubled their revenue in 2023 compared to 2022, and have...
Korean Crypto Exchanges Block Romance Scammers’ Access to Digital Assets Worth Over $82 Million
31.1.2024
South Korean cryptocurrency exchanges have successfully stopped romance scams and voice phishing criminals from siphoning digital assets worth over $82.6 million in the past year. The exchanges attribute their success in blocking criminals to abnormal transaction detection systems, which assist...
South Korean Crypto Exchanges Blocked $82m Worth of Romance Scam Transactions in 2023
29.1.2024
South Korean crypto exchanges say they blocked over $82 million worth of transactions linked to romance scams last year. Per Seoul Shinmun, the crypto exchange Coinone claimed catfishing and other romantic scams that make use of crypto were now “rampant” in South Korea. Coinone said that it...