Thailand Threatens Facebook With Shutdown Over Crypto Scams
The authorities in Bangkok will attempt to shut down Facebook in Thailand alleging the social media community isn’t doing sufficient to cease scams. Fraudsters have...
Crypto Crime Plummets in 2023, Down 65% Overall, Chainalysis Says
Cryptocurrency-related crime is down considerably this 12 months, in line with information by Chainalysis. Specifically, the blockchain analytics agency defined that crypto inflows to identified...
Winner of Canadian Lottery Jackpot Says Impostors Using His Name to Steal Bitcoins
The winner of the Canadian lottery, Scott Gurney, has confirmed that scammers impersonating him on Facebook have conned unsuspecting victims of their bitcoins. To counter...
FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials
The Federal Bureau of Investigation (FBI) says it has seized bitcoin value thousands and thousands of {dollars} from abroad scammers concentrating on the aged. The...
Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds
The inside ministry of Russia has determined to go after these offering money-laundering providers to crypto fraudsters, suggesting they need to go to jail. The...
US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021
The U.S. Federal Trade Commission (FTC) has revealed that greater than 46,000 folks have reported shedding over $1 billion in cryptocurrency to scams because the...
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have turn out to be the second riskiest. In addition, the group famous that “Payment made...