U.S. federal authorities have established a new task force to disrupt Chinese cryptocurrency scam networks that defraud Americans of nearly $10 billion annually.
1The U.S. Department of Justice has seized $15 billion in bitcoin from the leader of Prince Group, a criminal organization that stole billions of dollars from victims in the United States through cryptocurrency investment scams, also known as romance baiting or pig butchering.
0
Modern attacks have shifted focus to the browser, yet detection tools remain largely blind to the crucial activity happening there.
Join Push Security on February 11th for an interactive "choose-your-own-adventure" webinar on ClickFix, credential phishing, and other in-browser attacks we've observed in the wild.
The Spanish police have dismantled a large-scale investment fraud operation based in the country, which has caused cumulative damages exceeding €10 million ($11.8M).
0Five men from China, the United States, and Turkey pleaded guilty to their involvement in an international crime ring and laundering nearly $37 million stolen from U.S. victims in cryptocurrency investment scams carried out from Cambodia.
0The U.S. Treasury Department has sanctioned Funnull Technology, a Philippines-based company that supports hundreds of thousands of malicious websites behind cyber scams linked to over $200 million in losses for Americans.
0Spain's police arrested six individuals behind a large-scale cryptocurrency investment scam that used AI tools to generate deepfake ads featuring popular public figures to lure people.
0The U.S. Department of Justice (DOJ) has seized over $8.2 million worth of USDT (Tether) cryptocurrency that was stolen via 'romance baiting' scams.
0Interpol calls on the cybersecurity community, law enforcement, and the media to stop using the term "Pig Butchering" when referring to online relationship and investment scams, as it unnecessarily shames the victims impacted by these fraud campaigns.
2