Thailand Authorities Bust $27 Million Crypto Scam, Over 3,200 Victims Affected
In a recent development from Thailand, authorities uncovered a massive crypto scam targeting local investors, with damages amounting to more than $27 million. In collaboration with international bodies, local enforcement agencies went after a fraudulent investment platform, leading to multiple arrests and property seizures. Decoding The Deceptive Web: A Scheme Unveiled A report from the […]
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Victims of the “wrong number” scam across the United States, including Ohio, are getting some form of justice thanks to the latest initiatives of the US authorities. According to the Federal Bureau of Investigation (FBI), 33 crypto fraud victims nationwide, including a city of Mentor resident, have been identified. Court documents reveal that the victims lost […]
The U.K. police have returned over $5.4 million to victims of an international cryptocurrency scam. The police say that almost $10 million more will be returned to victims. So far, 127 more people have filed a claim to recoup their investments.
Police Return Funds to Crypto Scam Victims
The U.K.’s Greater Manchester Police (GMP) announced Friday that about $5.4 million of the funds seized from an international cryptocurrency scam rumbled by its police officers in July last year have been returned to rightful owners. The announcement details:
Over four million pounds....
U.S. authorities have warned about the rising popularity of a crypto scam known as “pig butchering.” The Federal Bureau of Investigation (FBI) explained: “The fraud is named for the way scammers feed their victims with promises of romance and riches before cutting them off and taking all their money.”
‘Pig Butchering’ Crypto Scam on the Rise
U.S. authorities have been warning about a type of cryptocurrency scam called “pig butchering” that has been growing in popularity at an alarming rate.
Lakewood Police....
Crypto scam victims can now heave a sigh of relief. Popular crypto wallet MetaMask has recently partnered with Asset Reality, a London-based specialist in digital asset scam investigations and recovery, to facilitate helping scam victims with getting back their stolen crypto assets. According to MetaMask, the collaboration with Asset Reality is “an industry-first approach in improving […]
In a fortunate move, the Vietnamese authorities were able to successfully dismantle a large-scale cryptocurrency scam orchestrated by a company called ‘Million Smiles,’ protecting nearly 300 potential victims from financial exploitation. The scheme, built around a fictitious token called QFS (Quantum Financial System), had already swindled approximately $1.17 million (30 billion VND) from around 400 […]