New York officials acquire $ 440,000 from Facebook Crypto Scam targeting Russian speakers star-news.press/wp
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New York’s law enforcement has seized more than $ 440,000 of stolen cryptocurrency as part of multi -agent investigations continuous in a sophisticated fraud process that highlights Russian -speaking communities through deceptive Facebook ads.
The fraudulent scheme, which caused the losses of more than a million dollars in Brooklyn alone, attracted hundreds of victims to invest in fake cryptocurrency trading platforms through a sprawling network of fraud sites and treated social media campaigns.
Scam Crypto has taken advantage of Facebook ads to target Russian -speaking investors
On June 18, Brooklyn County Erik Gonzalez, the state prosecutor in New York Letia James, and the Ministry of Financial Services (DFS) Advertise Consulting and freezing stolen digital assets.
The coordinated campaign targeted a detailed fraud that misunderstood Facebook ads, which many wrote in Russian, to enhance investment opportunities in Crypto for Brooklyn’s residents and other American regions that contain large groups of Russian population.
The fraudsters prompted the “Black Hat” advertisements residing in the Vietnamese to overcome Facebook ads and hide their real identities.
Ultimately, more than 700 deceptive accounts were closed by Meta after being linked to the process.
According to the officials, the procedures authorized by the court so far have taken the seizure of $ 140,000 of the encrypted currency, freezing another $ 300,000, and dismantling more than 100 dug and 17 registered accounts.
“Political acceptable” front: fake Petins tactics and confidence -building
The investigation began in October 2024 when the New York Ministry of Financial Services (NYDFS) discovered that the main site of fraud, Whalestrade.comThe fake Bitlicense certificate was offered the organizational certificate in New York for compatible virtual currency companies.
The investigators soon discovered a wide network of interconnected fields and accounts that are the personality of the legitimate encryption services.
The fraudsters also simulated the real influencers in Facebook ads to establish wrong credibility.
Once the connection is made, the victims were transferred to encrypted messaging applications such as WhatsApp and Telegram, where they were manipulated in making initial deposits.
The victims have been shown Fake information panels with increased profit, Encourage them to invest more. When trying to withdrawals, they were told to pay fabricated taxes or fees before cutting them in the end.
Hundreds have been contacted, as encryption fraud continues to rise
More than 300 victims were identified, many of them were contacted and warned by investigators before sending additional money.
It is worth noting that the campaign is part of a wider global anxiety. The Australian Competition and Consumers Committee (ACCC) previously reported that more than 50 % of Facebook encryption ads are either fraud or policy violations, and they are required to support a lawsuit against 2022 against Meta to enable famous fraudulent encryption ads.
A few hours before the New York announcement, the US Department of Justice seized $ 225.3 million in Usdt connected to huge fraud of “pig slaughtering” that defrauded more than 400 victims, which represents the largest tunnel of encryption of its kind.
According to the IC3 report of the Federal Investigation Office for 2024, the coding processes of the losses of $ 9.3 billion in 2024, an increase of 66 % on an annual basis. Since January, 5,400 individuals have been notified of these plans.
The height of encryption fraud was also provided through a criminal activity on Darknet.
In a separate procedure on June 5, US law enforcement seized an encrypted currency linked to BidenCash, a notorious Darknet market involved in trafficking with more than 15 million stolen credit cards and personal data records.
The international repression dismantled nearly 145 web fields, the extension of both Darknet and Surface websites linked to the illegal platform.
During, New search from Blockchain Analysis Company He explains that Russia is still a major axis in the development of Darknet global markets.
Among the most prominent players, one platform emerged, the Darknet “Kraken” market (not a continuation of the legal coding Kraken), with $ 737 million in transactions based on encrypted currency.
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2025-06-19 10:28:00
