Crypto Scam
A quick-thinking store clerk in Liberty, Missouri, intervened to prevent an elderly man from losing $30,000 in a cryptocurrency scam. The incident involved a fake Microsoft support call directing the victim to use a crypto ATM. Police praised the clerk's actions and issued warnings about such frauds.
Imeripotiwa na AI
Massachusetts Attorney General Andrea Joy Campbell has filed a lawsuit against Bitcoin Depot, accusing the cryptocurrency kiosk operator of facilitating scams that cost residents millions. The action targets the company's role in bitcoin ATM frauds amid rising losses in the state. Campbell seeks court orders for better protections and refunds for victims.
The U.S. Securities and Exchange Commission has sued several cryptocurrency companies for allegedly defrauding retail investors out of more than $14 million through fake WhatsApp investment groups and bogus trading platforms. The scheme, which ran from January 2024 to January 2025, used social media ads, deepfake videos, and AI-generated tips to lure victims. Regulators say the operators, based in China, Malaysia, and Hong Kong, misappropriated funds sent to overseas accounts.