US lawmakers propose federal crypto crime task force to fight fraud and theft Bipartisan lawmakers are trying to build a more serious federal response to crypto crime without turning the whole industry into a permanent suspect lineup. New task force: A bipartisan bill would create a federal crypto crime unit. Main targets: Cryptocurrency theft, fraud, […]
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Federal authorities say they disrupted an alleged ISIS crypto scheme before it could turn into real-world violence, arresting three U.S. citizens accused of coordinating extremist support, online threats, and more than $2,000 in crypto and cash transfers. Three arrests in Kansas and California Material support to ISIS charges filed by federal prosecutors More than $2,000 […]
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A coordinated international crackdown has taken a hammer to one of crypto’s nastiest fraud factories: pig-butchering scam centers that lured victims with fake romance, fake trust, and fake investment gains before emptying their wallets. 9 scam centers shut down 276 arrests across the UAE and Thailand DOJ indictments filed in California $11.4 billion in US […]
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Bitcoin Ransomware in Nancy Guthrie Kidnapping: Latest NBC Case Updates A heart-wrenching kidnapping case has captured national attention as Nancy Guthrie, the 84-year-old mother of NBC “Today” show co-host Savannah Guthrie, remains missing since January 31 from her Tucson, Arizona home. With signs of foul play and a ransom demand involving Bitcoin, this tragedy underscores […]
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FBI Seizes RAMP: Dark Web Cybercrime Forum Shutdown Tied to Bitcoin Ransomware The FBI has delivered a heavy blow to the dark web’s criminal underworld by seizing the domains of RAMP, a notorious hacking forum known as the Russian Anonymous Marketplace. This platform, a go-to for Russian-speaking cybercriminals, facilitated everything from Ransomware-as-a-Service (RaaS) to trading […]
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London Uber Driver Scams American Tourist Out of $123k in Crypto: A Rising Trend in Digital Asset Theft Imagine stepping into what you think is an Uber after a night out, only to wake up robbed of your digital fortune. Jacob Irwin-Cline, a 30-year-old American tourist, experienced this nightmare firsthand in London, losing $123,000 in […]
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New Zealand Man Arrested in $265 Million Crypto Scam A man from Wellington, New Zealand, has been caught in a global dragnet, exposing a $265 million crypto scam that spanned continents and highlighted the dark side of digital currency. The arrest, part of a multinational law enforcement operation, underscores both the potential for vast profits […]
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$265 Million Crypto Scam: New Zealand Man Arrested in FBI-Led Probe $265 million stolen from seven victims FBI-led international investigation Lavish spending on luxury goods and properties In a significant development, a Wellington-based man was arrested in Auckland as part of an FBI-led international investigation into a staggering $265 million cryptocurrency scam. This sophisticated operation, […]
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FBI Warns of Sophisticated Phishing Scam Targeting Senior US Officials In 2025 alone, phishing scams have cost victims over $1 billion, and a new FBI warning sheds light on a sophisticated operation targeting senior US officials with the help of AI-generated voice messages. FBI warns of phishing scam since April 2025 Fraudsters impersonate senior US […]
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Crypto Scam Losses Surge to $9.3 Billion in 2024: FBI Reports a 66% Increase The FBI’s latest report paints a grim picture for the crypto community, revealing a 66% increase in losses to crypto scams, totaling $9.3 billion in 2024. Seniors have been hit the hardest, losing over $2.8 billion, while crypto ATMs and fake […]
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