Pig-killing scams are the largest type of revenue-generating scam so far this year. A Myanmar scam group first discovered on-chain in 2022 has netted at least $101.22 million so far this year.
JinseFinanceBut there is a new brand of crypto-related scams that is sweeping across the TikTok scene which targets job seekers with fake advertisements. The new scams are a mild form of pig butchering scams that leverage the scam through a long term relationship with the victims before eventually defrauding them.
XingChiEmail list vendor breach exposes crypto companies to phishing attacks. Tether CEO urges caution, warns of fake airdrop emails. CoinGecko and others investigate impact. Users advised to verify sources, watch for red flags, use official channels, and enable 2FA.
EdmundThe "Tech Against Scams" coalition, comprising of Coinbase, Match Group, Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organisation (GASO), has united to combat the escalating problem of online fraud and financial schemes.
CatherineShiba Inu community warned of fraudulent airdrop bot scams by Shibarmy Scam Alerts. Caution urged against fake schemes promising free tokens. Reminder: No official SHIB airdrops or group bots exist. Vigilance and skepticism advised; verify legitimacy before sharing personal information or transferring assets.
EdmundMercari, a major Japanese e-commerce platform, will introduce Bitcoin payments via its subsidiary Melcoin by June 2024. This integration aligns with the company's strategy to bridge traditional e-commerce with the expanding cryptocurrency landscape.
JoyScam Sniffer has recently reported a concerning surge in cryptocurrency theft in 2023. This surge can be attributed to the rising complexity of phishing scams.
ZoeySingapore's PM Lee Hsien Loong alerts the public about deepfake videos misusing his image for cryptocurrency scams, emphasizing the need for vigilance and reporting.
AlexSingapore Prime Minister Lee Hsien Loong has issued a warning against deepfake videos circulating on social media, urging the public to be cautious of cryptocurrency investment scams. The Prime Minister clarified a deepfake video on Facebook, emphasizing the use of AI technology to manipulate his voice and image. He called on the public to ignore such videos and report false information. The Prime Minister also noted the escalating threat of deepfake videos, with recent reports indicating a 500% surge in such content within the country in 2023.
SanyaThroughout June, four projects encountered security breaches, scams, and rug pulls. These incidents occurred in the final week of the month, affecting Shido, Ichioka Ventures, an unnamed company claiming to identify dogs by their nose wrinkles, Chibi Finance, and Biswap.
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