A 22-year-old has pleaded guilty in a $263 million Bitcoin and crypto scheme, admitting to orchestrating a large-scale fraud that duped investors and laundered digital assets across multiple platforms.
In a shocking turn of events, a retired Australian police officer fell victim to a crypto scam while vacationing in Thailand, losing $1.2 million. The incident underscores the growing prevalence of cryptocurrency fraud targeting unsuspecting investors worldwide.
Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange Binance, has warned crypto traders of the growing danger of “Mirrored Address” scams, advising them to exercise caution while sending funds.