This week, Gala Games and Pump.fun were hacked; alleged pig-butchering scammers, Incognito admin and illicit banking racketeers were arrested; Pink Drainer was shut
Authorities and tech companies are responding to the g trend of "pig butchering" scams, which often involve generative AI and money laundering with crypto.
Cryptohack Roundup: $206M Gala Games Exploit bankinfosecurity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankinfosecurity.com Daily Mail and Mail on Sunday newspapers.
CALIFORNIA, (CMC): A 41-year-old Chinese national with St Kitts-Nevis citizenship has been arrested for the role he played in a scheme to launder proceeds from cryptocurrency investment scams. According to the indictment unsealed in the Central.
The U.S. Department of Justice announced that Chinese nationals Daren Li and Yicheng Zhang have been apprehended and indicted for leading a pig butchering scheme that allegedly resulted in the laundering of at least $73 million, The Hacker News reports.