Investigators found that the exchange Kyrrex operated inside a larger exchange, HTX, and handled wallets linked to hackers, fraudsters, sanctioned actors and criminal networks. According to a report by the International Consortium of Investigative Journalists, “dozens of investors” have lost roughly $6.5 million through Kyrrex-controlled wallets. The investigative report found that the Kyrrex exchange was registered in St. Vincent and the Grenadines and used “nested” operations to hide its affiliation wi ...

DOJ, FBI, Secret Service Unveil 'Strike Force' to Combat Crypto Scams Rooted in China► https://t.co/RbPpJwl78Z https://t.co/RbPpJwl78Z ...

Crypto Seizure & Law Enforcement - U S Government seized approximately 127,000 BTC, valued at over $15 billion, linked to Chen Zhi [1] - The seizure represents the largest crypto forfeiture to date, highlighting blockchain's role in aiding law enforcement [1] - Authorities traced blockchain transactions and exploited key generation weaknesses to recover the assets [1] Criminal Activity & Money Laundering - Chen Zhi, leader of Cambodia's Prince Group, is responsible for large-scale crypto scams [1] - Stolen funds were laundered through Bitcoin mining, specifically the Lubian pool [1]

Event Information - MEXC 将举办关于加密货币诈骗的 X Spaces AMA 活动，主题为“MEXC x @elliptic - Spotting Common Crypto Scams” [1] - AMA 时间为 UTC 时间 10 月 15 日上午 11:00 [1] - 参与者有机会赢得高达 30 USDT 的奖励 [1] Guest Information - Dr Arda Akartuna, Crypto Threat Lead (APAC) 将作为嘉宾参与 [1]

Core Insights - The article highlights the increasing prevalence of cryptocurrency scams targeting seniors, who are perceived as having significant wealth due to retirement savings and are often less familiar with modern technology [1][2]. Group 1: Impact of Crypto Scams on Seniors - In 2024, the FBI reported that individuals aged 60 and over experienced the highest losses from crypto fraud, totaling approximately $2.84 billion out of $9.3 billion in total losses from 149,686 complaints [2]. - Scammers often initiate contact through unsolicited phone calls, impersonating trusted figures to gain the victim's trust and access to their retirement funds [5][6]. Group 2: Case Study of Victimization - A specific case is presented where an individual lost around $500,000 in retirement savings and incurred an additional $250,000 in debt due to a scam involving cryptocurrency investments [3][5]. - The victim's experience illustrates the manipulative tactics used by scammers, including the false promise of needing more funds to recover initial investments [3][6]. Group 3: Recovery and Prevention Strategies - Victims of scams have limited options for recovery, especially when funds are sent via cryptocurrency, as these transactions are often irreversible [7]. - Recommendations for seniors include avoiding unsolicited calls, consulting trusted financial advisors before making investment decisions, and focusing on simpler, more stable investment options like index funds and bonds [15].

Security Awareness - The guide aims to educate users on identifying common crypto scam tactics [1] - MEXC provides security tools to help users protect their crypto assets [1] - The guide offers advice on mitigating losses if targeted by scams [1] Risk Management - The primary focus is on staying safe within the crypto environment [1]

The reason I bring this up to you is because that video actually I tried to I tried to share this in NFA Live today and it was taken down uh because there's multiple videos like that. That video when I saw it I go that looks kind of legit and I really wasn't think I was kind of tired in the morning and they can get you and when you watch that video did you think it was legit. because you think, "Oh, okay. Well, you know, Rob's talking about it. This guy just talking about a an app that, you know, everybody ...