FBI Report Reveals Alarming Crypto Fraud Numbers
The latest report of the FBI's Internet Crime Complaint Center (IC3) unveils a colossal surge in cryptocurrency-related fraud, with estimated losses reaching $5.6 billion. Cryptocurrencies' decentralized nature has made them prime targets for criminal activities. Older individuals are among the most affected.
US authorities have seized almost $5 million worth of Tether allegedly associated with 'pig butchering' scams
The US government has announced a reward of up to $5 million for information leading to the arrest of Ruja Ignatova, the founder of OneCoin
The Taiwanese national was nabbed at the JFK Airport in New York and charged with allegedly owning and operating an online drug market