Search Results for: Police

Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive

The Hong Kong government has issued a stern warning about the dangers of AI-generated scams following the circulation of a deepfake video featuring Chief Executive John Lee Ka-chiu. This fraudulent video portrayed Lee endorsing an investment scheme with supposedly high returns. The government has denounced this as a bogus creation, emphasizing the importance of public … Continue reading Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive

Roger Stone Denies Alleged Murder Plot Against Nadler and Swalwell, Claims AI Manipulation of Tapes

Roger Stone, a longtime Republican strategist and lobbyist, has recently been embroiled in a controversial situation involving an alleged recording where he discusses assassinating Democratic Congressmen Jerry Nadler and Eric Swalwell. The recording, as reported by Mediaite, purportedly captures a conversation between Stone and former NYPD police officer Sal Greco, during which Stone is heard … Continue reading Roger Stone Denies Alleged Murder Plot Against Nadler and Swalwell, Claims AI Manipulation of Tapes

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

The recent lawsuit filed by Harvey Eugene Murphy Jr. against Macy’s and Sunglass Hut underscores the escalating concerns over the misuse of facial recognition technology in the retail sector. The case, which involves a $10 million claim, highlights the significant risks and ethical dilemmas posed by artificial intelligence (AI) tools in identifying individuals for law … Continue reading Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe

German authorities have seized a record-breaking amount of Bitcoin, valued at approximately €2 billion ($2.17 billion). This event, involving the Saxony State Criminal Police Office and other German law enforcement agencies, marks the largest cryptocurrency seizure in Germany’s history. The seizure of 50,000 Bitcoins was part of a broader investigation into alleged copyright violations and … Continue reading Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe

Singapore Authorities Issue Warning Against Rising Cryptocurrency Malware Threats

To combat the growing menace of cyber threats in the digital currency landscape, Singapore’s Police Force and Cyber Security Agency have released a joint advisory cautioning the public about the surge in cryptocurrency drainers. These sophisticated pieces of malware are engineered to siphon off funds from unsuspecting users’ digital wallets without their authorization. Cryptocurrency drainers … Continue reading Singapore Authorities Issue Warning Against Rising Cryptocurrency Malware Threats

Multinational Firm Loses $25.6 Million to Deepfake-Driven Fraud

A global corporation with headquarters in Hong Kong was the victim of a clever cyber theft that seemed to have been lifted straight from the script of a high-tech thriller. Scammers were successful in stealing $25.6 million from them. As part of the scam, deepfake technology was used to mimic the chief financial officer of … Continue reading Multinational Firm Loses $25.6 Million to Deepfake-Driven Fraud

Hong Kong Authorities Warn Against MEXC Impersonation Scam

In a significant move to safeguard investors, the Hong Kong Securities and Futures Commission (SFC), together with the local police force, has raised an alarm over a fraudulent scheme involving an entity impersonating the well-known cryptocurrency exchange MEXC. This alert comes as part of their intensified efforts to clamp down on illegal activities within the … Continue reading Hong Kong Authorities Warn Against MEXC Impersonation Scam

CBN Reports $26 Billion in Cryptocurrency Flows Through Binance Nigeria

The financial landscape of Nigeria is facing a moment of critical assessment as the Central Bank of Nigeria (CBN) recently revealed that a staggering $26 billion has been transacted through Binance Nigeria from unidentified sources in just one year. This disclosure came from the Governor of the CBN, Olayemi Cardoso, during the Monetary Policy Committee … Continue reading CBN Reports $26 Billion in Cryptocurrency Flows Through Binance Nigeria

Brazilian Couple Behind $400M Crypto Ponzi Scheme Nabbed in Argentina

The Argentine Federal Police (PFA) have apprehended a Brazilian couple alleged to have orchestrated a Ponzi scheme involving over $400 million in cryptocurrencies. This operation, labeled “Assim você me estafa,” led to the duo’s arrest in a country estate in Escobar, a district of Buenos Aires. The couple had been the subject of an international … Continue reading Brazilian Couple Behind $400M Crypto Ponzi Scheme Nabbed in Argentina

Tron Foundation Contests SEC Lawsuit Over Jurisdictional Overreach

The Tron Foundation, known for its significant presence in the blockchain and cryptocurrency space, is currently embroiled in a legal battle with the United States Securities and Exchange Commission (SEC). The bone of contention revolves around a lawsuit initiated by the SEC, which the Tron Foundation argues should be dismissed on the grounds of jurisdictional … Continue reading Tron Foundation Contests SEC Lawsuit Over Jurisdictional Overreach

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