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Thailand cuts power to Myanmar crypto scam center regions

Chinese abductions prompted Thailand’s government to cut off the electricity supply to crypto scam centers in Myanmar today.

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.

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.