2023-5-15 15:01 |
A daily newspaper in Ireland released a statement saying it was “deliberately deceived” into believing the identity of a guest writer, which turned out to be AI. origin »
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Pig butchering scams led to $3. 6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers. The long-term fraud method, where victims are groomed over time to make substantial investments, outpaced other forms of crypto scams in 2024.
The rise of crypto has become a breeding ground for financial scams in France, contributing to a surge in fraudulent activity that has authorities scrambling to protect consumers. The Paris Public Prosecutor’s Office, along with regulatory bodies like the AMF and ACPR, are particularly concerned about the growing number of schemes involving bogus crypto investments.
Crypto frauds and hacks in 2024 caused $2.3 billion in losses, with Ethereum and multisig wallets most affected, exposing critical vulnerabilities. The post Over $2.3 Billion Stolen in Crypto Hacks and Frauds in 2024 appeared first on BeInCrypto.
The U. S. Securities and Exchange Commission charged three individuals on Dec. 11 with impersonating securities brokers and investment advisers to execute a scheme involving digital assets. The complaint names three Nigerian nationals and alleges that their actions diverted more than $2.
Democrat Ro Khanna, on a panel at Bitcoin MENA 2024, said being against Bitcoin is akin to rejecting other widely adopted technologies. He said Bitcoin represents freedom and cannot be ignored by a party claiming to champion the future.
Crypto companies are among the most affected by audio and video deepfake frauds in 2024, with more than half reporting incidents in a recent survey. According to the survey conducted by forensic services firm Regula, 57% of crypto companies reported being victims of audio fraud, while 53% of the respondents fell for fake video scams.
Some service providers are facilitating transactions for fraud outfits and high-risk gambling sites, the report said.