US authorities are seeking to return $ 7 million to victims of a social engineering scam that has been cheating them on sending money to fake cryptocurrency investment platforms.
The scam is involved in scams interacts with victims and earn trust Before teaching them on masquerading websites as a legitimate crypto investment platform, the Eastern District District US Attorney’s Office Says In a statement of March 21.
When victims make a deposit, the funds are that -funnel by more than 75 bank accounts under the names of shell companies, then sent overseas “fraudulently characterized” as domestic wires, even transferred to a bank outside the US.
“The sites are incorrectly represented to the victims whose investments are making the size of the gains,” the Virginia’s lawyer’s office added in its statement.
“If the victims try to make backwards, the victims will force the victims to send more money with tactics such as the victims’ claims to debt tax on their purported income.”
The United States Secret Service seized some of the stolen funds from a foreign bank in 2023 and initiated the action of civilian revolt by submitting a claim to a US district court.
However, the bank also made a claim against cash, and US authorities eventually reached a regulating agreement for $ 7 million of the seized funds.
SCAM victims are encouraged to contact secret petition services to regain their losses.
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Sa IT 2025 Crypto crime reportBlockchain Analytics firm Chainalysis said Chainalysis that crypto crime has entered a professional period managed by good cyber syndicates.
Australia’s federal police said on March 21 130 people have to be alerted a message scam aimed at crypto users who have been spying the same “sent id” as legitimate Crypto exchange Like Binance.
Another similar string of scam Messages reported by X users on March 14.
Cybersecurity firm Malwarebytes sent a warning on March 18 about a syndicate With a new form of malware-stealing malware Hidden within a “cracked” version of the TradingView premium.
Microsoft’s incident said in March 17 that it discovered cyber scammers is using a new remote access Trojan (Rat) target the crypto held in 20 cryptocurrency wallet extensions for the Google Chrome browser.
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