A crypto user lost nearly $1 million in USDT on Ethereum after signing a phishing token approval. This incident highlights the ongoing threat of social engineering scams in the crypto industry, which have already resulted in hundreds of millions in losses this year.
Hong Kong police and mainland Chinese authorities arrested 15 individuals between March and June, dismantling a cross-border phishing syndicate that defrauded victims of HK$16.8 million by impersonating the Water Supplies Department through malicious text messages.
Tech reviewer Tom Honeyands lost £70,000 to a phishing scam after fraudsters used details from his social media videos. The scammers, posing as Lloyds bank staff, exploited his travel information and visible banking icons on his computer screen to trick him into verifying fraudulent transactions.
Nineteen individuals have been indicted for money laundering in South Korea, accused of establishing shell corporations and distributing "ghost accounts" and "ghost phones" to criminal organizations involved in voice phishing scams. The illicit funds laundered through these accounts amount to approximately 9.6 billion won.
A fake email posing as Reserve Bank of India (RBI) prompts payment for 'Donation Program 2026' or lottery compensation, identified as a phishing scam by PIB Fact Check. Citizens are advised not to share financial/personal details.
