#cryptocurrency-fraud

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fromFuturism
2 days ago

Heroic Gas Station Clerk Realizes Elderly Women Are Being Scammed at the Bitcoin ATM, Unplugs It to Save Them

Hardy noticed elderly women entering the gas station with bags of cash on three separate occasions, looking anxious and usually on the phone or texting someone. Each time, they used the Bitcoin ATM, or BTM, to convert their dead presidents into crypto. Suspecting something fishy was afoot, Hardy gently prodded the old ladies. "Do you know where you're sending the money to?" Hardy would ask, per . "You don't have to be on the phone to send money, as long as you have the other person's information."
Cryptocurrency
Law
fromwww.dailynews.com
1 week ago

$50 million suit against crypto godfather' reads like a movie plot, featuring corrupt California cops

A cryptocurrency entrepreneur allegedly hired corrupt deputies to extort, rob, and frame an event promoter, leading to federal prosecutions and a $50 million civil lawsuit.
US politics
fromThe Mercury News
3 weeks ago

Rep. Sam Liccardo wants to help Democrats take back the House in 2026

Rep. Sam Liccardo uses targeted legislation to send political messages, spotlight cryptocurrency abuses like the $Trump meme coin, and challenge National Guard deployments.
#cybercrime
World news
fromAbove the Law
3 weeks ago

Disgraced Cryptocurrency Mastermind's Guilty Plea To Fraud Could Give Victims Tax Relief - Above the Law

Do Kwon pleaded guilty to fraud tied to Terra's Luna and UST, whose algorithmic stablecoin collapse erased about $30 billion in 2022.
fromArs Technica
2 months ago

AT&T rolls out Wireless Account Lock protection to curb the SIM-swap scourge

AT&T is introducing a protection feature to prevent unauthorized changes to mobile accounts, specifically targeting SIM swapping and port-out fraud that have affected many subscribers.
Mobile UX
Cryptocurrency
fromThe Hacker News
2 months ago

Europol Dismantles $540 Million Cryptocurrency Fraud Network, Arrests Five Suspects

Europol and international authorities dismantled a €460 million global cryptocurrency fraud scheme involving over 5,000 victims.
Information security
fromDevOps.com
3 months ago

INE Security Alert: $16.6 Billion in Cyber Losses Underscore Critical Need for Advanced Security Training - DevOps.com

FBI data highlights the urgent need for technical cybersecurity experts to address advanced cyber threats.
Cybercriminal activities have surged, necessitating deeper technical skills to counteract the risks.
Cryptocurrency
fromTheregister
3 months ago

FBI, Treasury move against top pig butchering scam host

The US Treasury sanctioned Funnull Technology Inc. for its role in prominent 'pig butchering' scams that caused substantial losses.
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