Cyber Criminals With North Korea Connection Stole $721 Million Worth Of Crypto Assets From Japan.
Blockchain intelligence firm Elliptic latest research findings shows that North Korea-coordinated cyber attacks targeting Japanese crypto assets netted $721 million worth of digital assets between 2022 and 2017. This figure is equivalent to 30% of total global losses that have…
Egypt Arrest Many Over Online Crypto Scam.
Egyptian authorities have arrested 29 people, including 13 foreign citizens, accused of running an online cryptocurrency scam that defrauded thousands of investors, state media reported. Authorities have arrested 29 people, including 13 foreign citizens, in connection with the fraudulent platform…
In A Bid To Apprehend Scammers, Kraken Crypto Exchange Builds Fake Crypto Account To Lure Fraudsters.
Popular crypto exchange Kraken has provided a new method for picking out criminal wallets; building a fake crypto account on the exchange to “scam bait” bad actors. Tweeting on May 10, popular streamer Kitboga — whose content revolves around annoying…
Nigerian Man Scams Bitcoin Worth $382,000 From Victims Across 13 Countries: EFCC
Economic and Financial Crimes Commission (EFCC) has announced the arrest of a Nigerian man who scammed victims across 13 countries, The suspect allegedly received $382,000 worth of bitcoins from his victims before his account was blocked by his Virtual Asset…
21 Year Old Man Bags 18 Months In Prison Over Crypto Scam In Morocco.
Morocco’s Casablanca Court of Appeals confirmed last week an 18-month prison sentence for a 21-year-old Frenchman for fraud and illegal use of cryptocurrency, also ordering him to compensate victims of his fraud. The defendant was accused by a Frenchwoman and…
Crypto Hackers Are Using ChatGPT: Meta ( Facebook) Reveals.
Facebook owner Meta revealed in a security report Wednesday that hackers have seized on worldwide interest in the artificial intelligence-powered tool, ChatGPT in an effort to break into people’s devices, equating the phenomenon to the surge in cryptocurrency scams. Meta’s…
$4 Million Stolen Through Google Ads Crypto Phishing URLs.
Blockchain analytics combined with data from Google Ads reveals that over $4 million has been stolen from users that have fallen for malicious phishing websites promoted on Google. According to Web3 anti-scam service provider ScamSniffer, malicious adverts for phishing websites…
EFCC Convicts Man For Duping Australian In Crypto Scam.
The Economic and Financial Crimes Commission, EFCC, arraigned Moses Upkonahusi over $5,576 cryptocurrency fraud perpetrated in Abuja before Justice Mohammed Zubair of the FCT High Court in Jikwoyi. The one-count charge of cheating by impersonation claimed that in December 2021,…
Crypto Scammers Are Using Al To Create Fake CEO.
Last week, the California Department of Financial Protection and Innovation (DFPI) announced its latest efforts to protect residents from crypto scams, sending cease and desist letters to five companies it claims attempted to profit from the AI hype train. Artificial…
Your Crypto Portfolio Is At Risk If You Don’t Update Your iOS: Kaspersky Warns.
Security loopholes have been identified in iOS and macOS operating systems by Kaspersky, posing significant risks to users, including ones who hold digital assets in iOS wallets. One vulnerability allows cybercriminals to access confidential user data by intercepting network traffic,…