Windfall? Victims of phishing scam receive $9.3 million back from scammers of $24 million stolen

The "Tech Against Scams" coalition, comprising of Coinbase, Match Group, Meta, Kraken, Ripple, Gemini, and the Global Anti-Scam Organisation (GASO), has united to combat the escalating problem of online fraud and financial schemes.
The SlowMist Security Team and the Rabby Wallet Team discovered a phishing attack using Google ads.
South Korean crypto exchanges successfully stopped cybercriminals from stealing over $82 million through romance scams. Their secret weapon: abnormal transaction detection systems that actively spot and block fraudulent activities, providing a robust defence against online scams.
What wallet thieves are there in 2023? How do they initiate fishing activities? What are the common phishing signatures?
A case involving digital collectibles surfaced, shedding light on a deceptive fundraising scheme. Unaware bidders, lured into impulsive investments, found themselves unwitting participants in a pyramid scheme. Investigations revealed that the platform in question absorbed over 1.34 million yuan from thousands of users, resulting in a total loss of more than 410,000 yuan for the victims.
Bump assisted a 17-year-old high school student in dealing with issues related to a blocked account on a cryptocurrency exchange.
A phishing operation operating under the alias FrenTechPro, masquerading as the Friend.Tech tool, has reportedly siphoned off around $214,000 in crypto from seven blockchains.
In addition to fake ETH 2.0 tokens and malicious token airdrops, cryptocurrency users should also be wary of staking pools offering attractive staking yields.