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.
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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.
Five 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.
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.
2Meta announced that it has taken down 2 million accounts across its platforms since the beginning of the year that are linked to pig butchering and other scams.
4Fake trading apps on Google Play and Apple's App Store lure victims into "pig butchering" scams that have a global reach.
0The seemingly legitimate online marketplace Huione Guarantee is being used as a platform for laundering money from online scams, especially "pig butchering" investment fraud, researchers say.
0The U.S. Department of Justice charged two suspects for allegedly leading a crime ring that laundered at least $73 million from cryptocurrency investment scams, also known as "pig butchering."
0The U.S. Department of Justice (DoJ) is recovering $2.3 million worth of cryptocurrency linked to a "pig butchering" fraud scheme that victimized at least 37 people across the United States.
0The U.S. Department of Justice charged four suspects (two of them already detained) for their alleged involvement in a pig butchering fraud scheme that resulted in more than $80 million in victim losses.
1The Nigerian Police Form has arrested six suspects and dismantled a mentoring hub linked to cybercrime activities, including business email compromise, romance, and investment scams.
1Today, the U.S. Department of Justice seized six virtual currency accounts containing over $112 million in funds stolen in cryptocurrency investment schemes.
1Americans are increasingly targeted in 'pig butchering' cryptocurrency investment schemes, according to a public service announcement issued today by the Federal Bureau of Investigation (FBI).
0Operators of high-yielding investment scams known as "pig butchering" have found a way to bypass the defenses in Google Play and Apple's App Store, the official repositories for Android and iOS apps.
0Multiple call centers across Europe controlled by a criminal organization involved in online investment fraud were taken down this week following a cross-border investigation started in June 2022.
0The Australian Federal Police (AFP) have arrested four suspected members of a financial investment scam syndicate estimated to have stolen $100 million from victims worldwide.
0A previously unknown investment scam group named 'CryptosLabs' has stolen up to €480 million ($505 million) from victims in France, Belgium, and Luxembourg, since the launch of its operation in 2018.
0For the first time, the U.S. Department of Justice seized seven domains that hosted websites linked to "pig butchering" scams, where fraudsters trick victims of romance scams into investing in cryptocurrency via fake investment platforms.
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