Hong Kong police expose $3.3M romance scam in fake crypto app
Hong Kong police are urging the public to stay alert as online romance investment scams involving fake digital…
Browsing Tag
Romance Scam
24 posts
Southeast Asia scam losses reach $114.1B: UNODC report
UNODC warns Southeast Asia’s scam networks now operate like global businesses, using crypto, AI, money laundering, and forced…
Myanmar targets crypto fraud with life sentence bill
Myanmar’s new Anti-Online Fraud Bill targets digital currency scams, imposing severe penalties, including the death penalty, to combat…
European regulators warn consumers on crypto, AI scams
Europe’s financial watchdogs have released new factsheets warning consumers about digital asset scams, highlighting how AI is making…
INTERPOL highlights globalization of digital asset scam centers
INTERPOL addresses the rise of transnational cryptocurrency scams, emphasizing the need for global cooperation to combat these growing…
Meta wipes out 6.8 million WhatsApp accounts linked to scams
Meta banned over 6 million WhatsApp accounts tied to crypto and romance scams, as it ramps up efforts…
US lawmakers eye leveraging blockchain against finance scams
With rising scam cases, U.S. lawmakers have introduced the GUARD Act, a proposed regulation to stamp out financial…
Law enforcement moves to stamp out widespread crypto Ponzis
Various financial crimes, from Ponzi schemes to romance scams, are proliferating in the 'crypto’ space, prompting law enforcement…
Tether: Pig butchering, money laundering, auditor ‘engaging’
Interestingly, reports on Huione came just as Paolo Ardoino and Justin Sun are set to address a panel…
AI, pig butchering scams pushed to a record $12.4B in 2024
While the actual figure was $10B, Chainalysis expects to specify more criminal addresses in time, as it warned…