Tag: Cryptocurrency fraud prevention
Uncovering South Korea’s Bitcoin Recovery Operation and North Korea’s Crypto Heist Connection
South Korea has made a significant breakthrough in combating North Korean cybercrime by successfully recovering 4.8 Bitcoin (BTC) linked to the 2019 hack of the Upbit exchange. This marks a crucial development in the...
Beware of Fake Crypto ‘Banks’ in Hong Kong: Watchdog Alert
The Hong Kong Monetary Authority (HKMA) has issued a warning about foreign crypto firms pretending to be banks, misleading consumers. The regulator stated that some overseas entities are falsely presenting themselves as banks to...
UK FCA Issues 1K+ Warnings to Crypto Firms: October Update
The UK's Financial Conduct Authority (FCA) has been cracking down on crypto firms that are not following the rules on financial promotions. Since last October, over 1,000 warnings have been issued to these companies....
