ChainCatcher news, according to a statement from the Spanish National Police, Spanish authorities have dismantled a complex cryptocurrency investment scam that used artificial intelligence to lure investors with fake celebrity endorsements, defrauding over 200 victims of more than 19 million euros (21.5 million dollars).The investigation began when a man from Granada reported losing 624,000 euros (700,000 dollars) in an alleged cryptocurrency investment fraud. The scam gang used AI-generated videos of well-known public figures to persuade unsuspecting individuals to invest in seemingly high-return cryptocurrency ventures and requested additional payments to unlock their original investments.It is reported that the leader of the criminal operation was arrested while attempting to flee to Dubai, and 6 suspects, aged between 34 and 57, now face charges of fraud, money laundering, and document forgery.

ChainCatcher news, according to The Block, Kang Seung-kon, the CEO of South Korean entertainment company Cube Entertainment, has been accused of being involved in a cryptocurrency investment scam. He is alleged to have encouraged acquaintances and colleagues to invest in the cryptocurrency Nestree, which is under the South Korean blockchain company Nestree Media Group. Nestree reached a price of 59 KRW on March 28, 2022, but fell by 34% to 39 KRW within a month, and dropped to single digits by the end of the year.Previously, Cube collaborated with Animoca Brands to establish a joint venture focused on NFTs in 2022.

ChainCatcher news, the Bangko Sentral ng Pilipinas (BSP) reminds the public to be vigilant against video and audio scams involving artificial intelligence manipulation, which promote false information related to cryptocurrency investments.The BSP emphasizes that Governor Eli M. Remolona Jr. does not endorse the so-called cryptocurrency project "Tesler Code" or any other cryptocurrency investments. Distorting the BSP or its officials is a punishable offense. To avoid becoming a victim of these scams, the BSP advises the public to exercise caution, refrain from sharing personal information with unverified entities, and verify the legitimacy of communications claiming to represent the BSP.

ChainCatcher message, according to Scam Sniffer monitoring, 5 hours ago, a user lost 2.41 million dollars in a cryptocurrency investment scam.

ChainCatcher news, the U.S. Department of Justice (DOJ) announced that it has seized $112 million in digital assets related to cryptocurrency investment fraud. Additionally, judges in the Arizona district, the Central District of California, and the Idaho district authorized the seizure of six virtual currency accounts.According to court documents, these virtual currency accounts were allegedly used to launder proceeds from various cryptocurrency scams. In the related schemes, perpetrators gradually gained the trust of victims through social networks, dating sites, phone calls, text messages, and other communication methods. Ultimately, the criminals persuaded them to invest in fraudulent cryptocurrency platforms, and then transferred the stolen funds to their own addresses.The U.S. Department of Justice noted that in 2022, among all scams reported to the FBI's Internet Crime Complaint Center (IC3), investment fraud caused the highest losses, totaling $3.31 billion. Fraud involving cryptocurrency (including pig butchering) accounted for the majority of these scams, with reported losses increasing by 183% from 2021 to last year, reaching $2.57 billion. (source link)