Topic: cryptocurrency scams
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Chinese Crypto Scammers Fuel Record Darknet Markets on Telegram
Chinese-language crypto scam markets on Telegram have become the largest illicit online marketplaces in history, surpassing even major dark web platforms, with leading channels facilitating nearly $2 billion in monthly transactions. Their explosive growth is fueled by providing money laundering a...
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Ex-NYC Mayor Eric Adams Faces $2.5M Crypto 'Rug Pull' Allegations
The NYC Token, a cryptocurrency linked to former Mayor Eric Adams, crashed shortly after launch, erasing hundreds of millions in value and facing accusations of a "rug pull" scam, with $2.5 million withdrawn at its peak. Blockchain analysis reveals suspicious activity, including a key liquidity w...
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Malicious NPM Packages Use Adspect to Evade Detection
Seven malicious npm packages used the Adspect cloaking service to distinguish between security researchers and real targets, redirecting only the latter to fraudulent cryptocurrency sites. The packages employed anti-analysis techniques, such as disabling right-click and developer tools, and colle...
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Cybercriminals Are Exploiting YouTube's Blind Spots
YouTube's massive user base and algorithmic design are exploited by scammers to spread malware, hijack accounts, and run fraudulent schemes through deceptive videos that mimic legitimate content. Deepfake technology is increasingly used in cryptocurrency scams, with AI-generated videos of celebri...
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DOJ Seizes Starlink Systems Used in Scam Compound
US authorities have seized Starlink satellite internet terminals used by criminal networks in Southeast Asia to disrupt their global fraud operations. At least 108 Starlink terminals were identified across scam compounds in Myanmar, enabling money laundering and wire fraud targeting American citi...
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OpenClaw's AI Evolution Alarms Cybersecurity Experts
The OpenClaw AI project has rapidly evolved from a niche tool into a viral phenomenon, shifting from reactive chatbots to autonomous systems that proactively perform tasks on a user's device, raising significant security alarms. Its explosive growth has outpaced security vetting, creating major r...
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AI Deepfakes Impersonate Pastors to Scam Congregations
AI-generated deepfakes are impersonating pastors and priests in sophisticated financial scams, exploiting the trust of religious communities on social media. Religious leaders like Father Mike Schmitz are warning congregations about these convincing forgeries, which use fabricated messages to pre...
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