Tag: crypto scam
3 articles
US Charges Vietnamese Man in $16 Million Crypto Scam
A Vietnamese man has been charged in the US for masterminding a crypto scam that raked in a staggering $16 million, with authorities seizing over $53 million in cryptocurrency assets from his wallets. He was arrested at Los Angeles International Airport after entering the US from Mexico and was set to flee to Taiwan.
US Disrupts Xinbi Guarantee Scam Network, Freezes $52.8 Million in Crypto
The US government has struck a major blow against a massive crypto scam network, freezing $52.8 million in cryptocurrency and dismantling a key online marketplace used to launder billions of dollars stolen from American victims. This crackdown is a huge win in the fight against pig butchering romance scams, a notorious scheme that has been draining the wallets of unsuspecting Americans.
Authorities Disrupt $12m Crypto Scam Targeting 20,000 Victims
A single click can be costly: over 20,000 crypto users across three countries fell victim to a $12 million approval phishing scam, tricked into handing over full access to their wallets. Thankfully, authorities swooped in, seizing the lost funds in a major cross-border crackdown dubbed Operation Atlantic.