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US uses first-of-its-kind email seizure to disrupt $5M crypto scam

The Brooklyn Virtual Currency Unit used seized emails to warn potential victims of the scam targeting the borough’s Russian community.

Mexican crypto trading bot scheme disappears with 3,000 users’ funds

AMG GPT allegedly lured more than 3,000 people into buying trading bots “for a set time period” in return for seemingly guaranteed returns.

The largest theft was caused by a user signing a malicious ‘permit’ transaction, allowing the scammer to steal 211 stETH worth $654K.

Computer scientists used OpenAI’s GPT-4o model, in tandem with a number of other freely available tools, to carry out phone-based scams.

Five people were jailed in Austria for their part in a $16M scheme that conned 40,000 victims into investing in real estate and EXW token.