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Sean Jacobs

Cryptocurrency

Karnataka Study: Crypto Regulation Urgent as Cybercrime Losses Soar to ₹2,915 Crore in 2024

A landmark study by the Centre for Cybercrime Investigation Training and Research of the CID police in Karnataka has sounded the alarm on India’s cybercrime crisis, calling for urgent regulation of cryptocurrency to kerb spiralling losses. According to the study, unveiled at a senior police conference in Bengaluru on Friday, Karnataka recorded a staggering ₹2,915

Sean Jacobs June 29, 2025

Cryptocurrency

Pig Butchering Scams Launder Billions Through Major U.S. Banks, ProPublica Reports

Billions of dollars stolen in sophisticated online scams known as “pig butchering” are moving through some of America’s most reputable financial institutions, according to a recent ProPublica investigation. Banks like Chase, Bank of America, Citibank, HSBC, and Wells Fargo have become critical waypoints for Asian crime syndicates laundering the proceeds of these elaborate schemes, which

Sean Jacobs June 29, 2025

Cryptocurrency

Crypto Kings Under Siege: Offline Heists Target Wealthy Investors Amid Surge in Kidnappings

KARACHI— Cryptocurrency’s promise of borderless, decentralised wealth has drawn millions into its orbit, but for many of its rising stars, affluence now comes with a chilling price: life-threatening offline attacks. As kidnappings and violent heists surge across the globe, traders who once thrived in the anonymity of online markets are scrambling to secure their physical

Sean Jacobs June 29, 2025

Cryptocurrency

Russian ‘Bitmama’ Jailed for $23M Bitcoin Scam Promising Sanctions Evasion

MOSCOW— A Russian woman who styled herself as “Bitmama” has been sentenced to seven years in a penal colony after orchestrating a $23 million Bitcoin pyramid scheme that preyed on Russians desperate to bypass Western sanctions. The case, which unfolded in the heart of Moscow’s luxury hotels, marks one of Russia’s largest recent crypto frauds

Sean Jacobs June 29, 2025

Lea Salonga Slams AI Deepfake Claiming She’s Wheelchair-Bound, Urges Public to Stay Vigilant

MANILA— Broadway star Lea Salonga has issued a stark warning to the public after an AI-generated video circulated online falsely claiming she was confined to a wheelchair due to arthritis. The manipulated video, which duped even her own family, highlights the growing threat of deepfake technology being used to spread misinformation. Salonga took to Facebook

Sean Jacobs June 29, 2025

Tech

China’s High-Tech Tools Turn the Tide in Decades-Long Battle Against Desertification

LANZHOU— Once armed only with bundles of straw and boundless determination, communities in China’s arid northwestern regions are now leveraging cutting-edge technology in their fight against desertification. Scientists have moved far beyond the straw checkerboards that first kept the Baotou-Lanzhou Railway clear of encroaching dunes in the 1950s. Today, their arsenal includes advanced biotechnology and

Sean Jacobs June 29, 2025

Cryptocurrency

Greek Anti-Money Laundering Authority Freezes Crypto Tied to $1.5B Bybit Mega-Hack

In a significant escalation of efforts to track illicit crypto funds, the Greek Anti-Money Laundering Authority has frozen cryptocurrencies tied to the massive $1.5 billion hack of Dubai-based exchange Bybit, a breach attributed to a notorious hacking group. The move follows a public announcement by the U.S. Federal Bureau of Investigation (FBI), which issued a

Sean Jacobs June 28, 2025

Cryptocurrency

CBI Busts Fake Cop Crypto Syndicate in Mumbai, Links Fraud Network to U.S. Victims

In a major success against transnational cybercrime, India’s Central Bureau of Investigation (CBI) has arrested a key figure in an elaborate international fraud syndicate that extorted victims in the United States and Canada through threats and fake law enforcement identities. The arrest, made in Mumbai on June 26, 2025, followed coordinated raids in Mumbai and

Sean Jacobs June 28, 2025

Cryptocurrency

Crypto Hacks Soar to $2.1B in 2025 as State Actors Drive Record-Breaking Attacks

Cryptocurrency theft has surged to unprecedented levels in the first half of 2025, with hackers stealing a staggering $2.1 billion worth of digital assets. This marks a 10% increase over the previous first-half record set in 2022 and nearly equals the total crypto losses from all of 2024, according to recent analysis. At the heart

Sean Jacobs June 28, 2025

Cryptocurrency

Crypto Market Stuck in Bearish Spiral as XRP and Altcoins Tumble

The cryptocurrency market is grappling with a wave of bearish sentiment, as funding rates on both centralised exchanges (CEX) and decentralised exchanges (DEX) continue to hover below the critical 0.005% threshold. This trend reflects a strong tilt towards short positions across the board, indicating traders are betting on further declines in digital asset prices. Funding

Sean Jacobs June 28, 2025

Sean Jacobs

Karnataka Study: Crypto Regulation Urgent as Cybercrime Losses Soar to ₹2,915 Crore in 2024

Pig Butchering Scams Launder Billions Through Major U.S. Banks, ProPublica Reports

Crypto Kings Under Siege: Offline Heists Target Wealthy Investors Amid Surge in Kidnappings

Russian ‘Bitmama’ Jailed for $23M Bitcoin Scam Promising Sanctions Evasion

Lea Salonga Slams AI Deepfake Claiming She’s Wheelchair-Bound, Urges Public to Stay Vigilant

China’s High-Tech Tools Turn the Tide in Decades-Long Battle Against Desertification

Greek Anti-Money Laundering Authority Freezes Crypto Tied to $1.5B Bybit Mega-Hack

CBI Busts Fake Cop Crypto Syndicate in Mumbai, Links Fraud Network to U.S. Victims

Crypto Hacks Soar to $2.1B in 2025 as State Actors Drive Record-Breaking Attacks

Crypto Market Stuck in Bearish Spiral as XRP and Altcoins Tumble

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