According to on-chain analytics firm Chainalysis, romance scammers increasingly use this method to steal their victim’s hard-earned crypto.
Category: Scams
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IRS lists 4 crypto crimes among its top cases in 2023
The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks.
Hong Kong regulator blocks access to two crypto entities, warning of fraud
According to the securities regulator, misleading information online could encourage individuals to invest in an HKD token issued by HongKongDAO.
US senators drill into FTC’s work to track AI attacks on older citizens
The senators asked the FTC chair four questions about AI scam data collection practices to find out if the commission can identify AI-powered scams and address them accordingly.
Safe Wallet scammer steals $2M through ‘address poisoning’ in one week
A malicious actor behind at least $5 million in crypto theft through “address poisoning” significantly ramped up attacks against Safe Wallet users in the last week.
Australia tries again to combat ‘future sectors’ crypto scams
The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams.
Hong Kong authorities say 145 victims and $18.9M lost in Hounax scam
Authorities in Hong Kong confirmed there were 145 affected users scammed on the unlicensed crypto exchange Hounax, resulting in $18.9 million in lost funds.
Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam
Scammers posing as Forbes journalists have been targeting BAYC holders to set up interviews and distract them while they attempt to steal their apes.
Nansen phishing emails flood crypto investors’ inbox
On Sept. 22, one of Nansen’s third-party vendors suffered a security breach, which exposed the email addresses of 7% of users in the system.
Tether freezes $225M USDT linked to romance scammers amid DOJ investigation
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.