Global Authorities Move Against Crypto Phishing, 20K Victims Revealed
More than $12 million in suspected criminal proceeds has been frozen after a joint US, UK and Canadian crackdown targeted crypto approval phishing scams that affected more than 20,000 people, according to the UK’s National Crime Agency. The operation also identified more than $45 million in cryptocurrency fraud tied to the same network of scams. […]
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Crypto companies and public authorities are joining forces in “Operation Atlantic”, a coordinated push to shut down crypto fraud schemes and approval‑phishing attacks. A Transnational Operation Against Crypto Phishing Scams Operation Atlantic is a rare case of law enforcement moving in near real time to block scammers before funds fully disappear on‑chain. The operation is […]
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 […]
South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. Over 30 sites have been taken down in just three months this year. Seoul Strengthens Monitoring of Crypto Phishing Scams Rising market prices have led to an increased number of phishing attempts targeting investors and users of cryptocurrency in South Korea. The government in Seoul announced it’s strengthening its monitoring system to quickly detect such....
Despite the place of security in the crypto space, there have been some hacking events once in a while. One of the newly victimized assets is the Moonbirds NFTs. Cybercriminals recently use phishing attacks as their portable weapon to reap off their victims. They always mask the links and messages they send to their innocent […]
Even though wallet operators have a large role to play in protecting funds, customers also need to educate themselves to avoid phishing scams. As the global crypto economy continues to prosper, with Bitcoin (BTC) currently occupying the $15,500 region, questions regarding the overall safety and security of digital assets continue to persist, especially in the wake of a new scam whereby hackers made use of a phishing email to direct users to a fake Ledger website. According to various reports, victims were scammed to the tune of 1,150,000 XRP, worth approximately $290,000.Dave Jevans, CEO....