Fraud does not operate on lies alone. It operates on accounts. On payment rails. On internal transfers. On outgoing wires. On institutions willing to keep the machinery running long after the warning signs should have triggered harder questions. That is why the newly filed U.S. class action against JPMorgan Chase
Recently, Wired featured a story about the massive growth rates of pig butchering scam victims worldwide. Scams have caused extensive financial and human damage worldwide. In 2023 alone, the FBI reported nearly $4 billion in losses (mostly involving cryptocurrencies), with global estimates exceeding $75 billion over time. The impact is
Investors lost a record $5.6 billion to crypto-related financial crime in 2023, up 45 per cent from 2022, according to a report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3) published recently. While the number of cryptocurrency-related complaints received by IC3 represents only about 10 per
