A Georgia resident, Olanrewaju B. Adeosun, was taken into custody in New York. He is accused of laundering almost $1 million from a business in Bergen County. This happened after a wire transfer scam was reported to the prosecutor's office in July 2024. The investigation, which lasted over a year, uncovered a complex web of financial transactions. The stolen money w...
The U. S. is stepping up its game against crypto scams. A new team, called the Scam Center Strike Force, is joining forces to take down these frauds. This team includes the DOJ, FBI, Secret Service, and others. They aim to stop scams that trick people out of billions of dollars. These scams, known as "pig butchering, " involve scammers building trust with victims be...
South Park's latest Halloween episode didn't go the typical scary route. Instead, it served up a satirical feast, mixing politics, crypto scams, and a haunted White House. The show didn't shy away from poking fun at the Trump administration and the chaotic state of affairs in Washington, D. C. Stan Marsh and his family are stuck in a motel, and things are looking bl...
On October 15, a wave of cyberattacks hit major gaming organizations, with hackers taking over their YouTube channels to push fake cryptocurrency schemes. This wasn't just a one-off incident but a coordinated effort targeting multiple big names in the gaming world. The official Dota 2 channel, run by Valve, was one of the first to be hit. Fans logging in were met wi...
Recently, the Instagram accounts of famous musicians Adele, Future, Tyla, and the late Michael Jackson were taken over by hackers. These hackers used the accounts to promote a fake cryptocurrency called FREEBANDZ, which is not connected to Future or his brand. The coin was created on a Solana platform called Pump. fun. The hackers posted images of Future holding a gi...
Scammers are now pretending to be lawyers to trick people who have already lost money in crypto scams. The FBI has issued a warning about these fake law firms that promise to help recover lost funds but instead steal more money. These scammers are clever. They contact victims out of the blue, claiming to be from real government agencies like the FBI or the Consumer ...
AI agents, powered by large language models, were supposed to be a big deal. They were meant to plan and carry out tasks on their own. But so far, they haven't lived up to the hype. Many companies are struggling to figure out how to use them effectively. One big problem is that AI agents aren't very good at handling complex tasks. They also have trouble working with...
The U. S. government has made a significant move against crypto scams. They have taken control of a record amount of cryptocurrency. This money was linked to fraudulent schemes that have cheated people out of billions worldwide. These scams are often called "pig butchering. " They trick victims into thinking they are investing in real crypto projects. Instead, they l...
A well-known investment company had a close call on a Wednesday. For a short time, the company's X account, which has a large following of 851, 000 people, was taken over by scammers. The hackers posted a fake message about a crypto "airdrop, " tricking many into thinking they could get free crypto. They even claimed that $5 million had already been given away. The s...
Cryptocurrency scams are on the rise, and they can happen to anyone. After a liver transplant, a woman from Boston found herself spending a lot of time alone. She turned to dating apps to connect with others. That's where she met David, or so she thought. David was charming and good-looking. He was from Quebec. The two started texting every day. They talked about th...