ChainCatcher message, Scam Sniffer posted on platform X that in October, approximately 12,000 victims lost 20.2 million dollars due to cryptocurrency phishing scams. Compared to September, the stolen funds decreased by 56%, while the number of victims increased by 20%.

ChainCatcher news, the case of "virtual asset T-Coin pyramid scheme" with 30,000 victims in South Korea has recently been prosecuted by the Eastern District Prosecutors' Office in Seoul. The individuals involved, including Choi and Lee, promised high returns under the guise of "investing in T-Coin, AI automatic trading" from 2017 to 2019, collecting a total of 3.9251 billion won.Since the case received complaints in September 2020, it has gone through a complex back-and-forth between the police and prosecutors, until the newly appointed prosecutor Lee Sang-won took the initiative to intervene, re-examine the case, and gather complainants for investigation, ultimately transferring the case to court within six months. The former prosecutor commented that this case highlights the phenomenon of evasion and delays in investigations between the police and prosecutors.

ChainCatcher news, the DEX Ambient on the Scroll chain announced on platform X that it has fully compensated all victims who recently suffered phishing attacks due to domain hijacking, with payments made in ETH, as there is no secure way to send tokens to these addresses. Users are advised to transfer their assets to a new wallet.ChainCatcher previously reported that the DEX protocol Ambient Finance on the Scroll chain stated on platform X that the domain has been hijacked and is currently working with the banning team and the domain registrar to resolve the issue as soon as possible. The contract is completely secure, and funds are safe. However, please do not interact with the Ambient Finance frontend until further notice.

ChainCatcher news, according to Protos, victims of the Omegapro cryptocurrency pyramid scheme have filed lawsuits against several well-known football players, accusing them of participating in the promotion of the project. The players involved include Vinicius Jr., Ronaldhino, Luis Figo, and others.Omegapro is a Dubai-based crypto investment company that promised investors astonishing returns of up to 300% within 14 months. Through marketing strategies and celebrity endorsements, the company attracted nearly 3 million customers and raised $4 billion. However, countries such as France, Belgium, Spain, and Peru have issued fraud warnings against Omegapro, and the Spanish Securities Market Commission has listed it among opaque financial enterprises.Despite clear warnings, about 20 active and retired football players still participated in the promotion of the project, including Kaká, Carles Puyol, Roberto Carlos, and Fernando Hierro. Lawyer and investigator Lars Olofsson stated that all football players involved in Omegapro activities will face lawsuits in London.Additionally, Spain also plans to sue these players, but it is currently unclear whether the lawsuits can be established in local courts.

ChainCatcher news, according to Protos, five suspects in Austria have been sentenced to prison for their involvement in a $16 million pyramid scheme that deceived 40,000 victims into investing in real estate and cryptocurrency. The perpetrators squandered the funds on luxury cars, private jets, and other extravagant items.The trial lasted 60 days and is referred to as the largest fraud case in Austrian history.Police stated that the involved gang used complex methods to conceal the flow of funds, making the investigation more challenging. Ultimately, the five defendants were sentenced to 18 months to 5 years in prison, while another five were acquitted.

ChainCatcher news, a large-scale cryptocurrency scam trial has begun in Nancy, France, with over 20 defendants accused of deceiving 1,300 victims through fake cryptocurrency and diamond investment schemes. The scam has stolen a total of 28 million euros (approximately 30 million dollars).Colman Law Firm, representing about 100 plaintiffs, stated that one victim lost 400,000 euros in the "diamond savings plan." Investigators revealed that the defendants had a total of 199 bank accounts in 19 countries used for transferring funds, with approximately 2.8 million euros recovered, which may be used to compensate the victims.

ChainCatcher news, according to Wu's interview with senior Huang Yifeng about Zhang Yufeng, who was previously reported by multiple media outlets to have donated 50 million to Shenzhen University just a year after graduation. It was later revealed that Zhang Yufeng had a heavily fabricated resume, did not actually make the donation, did not graduate normally, was in debt from online loans, and even forged an identity as an FTX employee. Additionally, after gaining the trust of alumni through fraudulent donations, Zhang Yufeng has frequently asked acquaintances for money in the past year under the guise of investing in "projects," failing to return the money on time after the agreed period, leading several victims to report him to the police.Huang Yifeng stated, "Zhang Yufeng claims to have some cryptocurrency projects that can double in a few months. After friends invested, Zhang Yufeng started to default and came up with many absurd excuses, such as being hospitalized in Hong Kong. After several victims reported him to the police, Zhang Yufeng's parents, who run a printing factory in Dongguan, helped repay part of the debt. Zhang Yufeng's rental at Shenzhen Bay No. 1 was warned due to unpaid rent. Zhang Yufeng even defaulted on an online loan of 6,000 yuan."

ChainCatcher news, according to CryptoNews, up to 20,000 people in San Pedro, Argentina have been caught up in a fraudulent crypto project related to USDT, which was promoted by some unknown actors.Lawyers state that the platform's operators promised to double investors' funds within six weeks and offered some investors daily returns of 1% to 2% in USD. Currently, at least 50 victims are preparing to file a lawsuit against a company named Knight Consortium. This company operates a crypto platform called "RainbowEx," but it is not registered or legally supported.Among the victims are some retirees, and some investors have been unable to withdraw their funds for three weeks, causing widespread panic.

ChainCatcher news, according to Etherscan data, today an address that lost over 12,000 spWETH due to phishing sent a message on-chain to the attacker’s address, "Hello, I would like to propose a peaceful resolution. If you agree to return the funds, I am willing to offer a 20% reward."ChainCatcher previously reported, according to Scam Sniffer monitoring, an address signed a phishing contract signature 43 minutes ago and had 12,083 spWETH stolen, worth approximately 32.43 million USD.

ChainCatcher news, according to China News Network, the Yunlin District Prosecutor's Office in Taiwan recently cracked a fraud case, with the victims losing more than 134 million New Taiwan dollars (approximately 4.2 million US dollars). It is reported that last July, the police arrested a 30-year-old "runner" (referring to someone who specifically helps fraudsters withdraw scam funds) named Chen, who was suspected of committing fraud using virtual currency. Subsequently, another 28-year-old "runner" named Chen was arrested, and the local court approved a request for detention.The prosecution stated that it was discovered that the involved "runner" named Yu was a member of the Bamboo Union's Mingren Society, and his superior, Wu, led dozens of Taiwanese "runner" groups, having managed more than 40 virtual currency wallets. The prosecution indicated that more than 20 searches were conducted throughout the case, seizing over 90 million dollars in cash and virtual currency worth more than 50 million dollars. A total of 33 individuals involved in the case were prosecuted for crimes including fraud, leaking secrets, forgery, and money laundering.

ChainCatcher news, three former soldiers in India reported to the Pune Chandannagar police, accusing eight officials of a trading company of defrauding them of over 7.981 million rupees (approximately 96,000 USD) through a cryptocurrency scam since 2022. The three invested their retirement savings into the project, lured by promises of doubling their returns in 20 months and a monthly return of 10%.The company's directors and one involved former soldier had previously been arrested in a similar case and are currently held in Yerawada Jail. The police are awaiting court approval for further questioning. Earlier this year, the company held a cryptocurrency seminar in Maharashtra, attracting multiple investors.

ChainCatcher news, according to the phishing report released by ScamSniffer in August, approximately 9,145 victims lost about 63 million dollars in cryptocurrency phishing scams. Compared to July, the number of victims decreased by 34%, but the amount stolen surged by 215%. One victim lost as much as 55 million dollars in a phishing scam targeting proxy ownership.The report noted a significant decrease in the number of fake accounts on the X platform (formerly Twitter). ScamSniffer recommends optimizing the display of key phishing characteristics and integrating its phishing domain and address blacklist to protect users.

ChainCatcher news, on-chain detective ZachXBT commented on a previous post detecting a suspicious transfer, stating, "I’m glad to have helped the victims of this incident recover approximately $205,000."Firn Protocol stated, "Two days ago, we received a notification from ZachXBT that a known thief had started depositing relatively small amounts into Firn. Thanks to ZachXBT's diligence and our swift action, we were able to freeze and recover approximately 80 ETH that the attacker had deposited. These funds have been transferred to ZachXBT, who is coordinating to return them to the victims."ChainCatcher previously reported that on-chain detective ZachXBT mentioned on the X platform that a potential victim made a suspicious transfer of 4,064 BTC ($238 million), which was quickly transferred to platforms such as ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge.

ChainCatcher message, Firn Protocol posted on X: "Two days ago, on-chain detective ZachXBT notified us that an attacker started depositing relatively small amounts into Firn. Thanks to ZachXBT's efforts and our timely actions, we were able to freeze and recover approximately 80 ETH that the attacker deposited. These ETH have been handed over to ZachXBT, who is coordinating their return to the victims."

ChainCatcher news, according to Cointelegraph, the Florida Attorney General's Office has released a statement saying that CluCoin founder Austin Michael Taylor pleaded guilty to wire fraud on August 15, as he frequently used funds provided by investors for his CluCoin (CLU) project to cover his online gambling habits. The FBI will notify "confirmed victims" of the compensation plan through their NFTs, marking the first time law enforcement has publicly stated it will use NFTs to connect with victims. The U.S. Attorney's Office has also requested that anyone who believes they are a victim of the fraud scheme provide relevant information to the FBI.Previous news reported that Austin Michael Taylor pleaded guilty to wire fraud on August 15, having transferred a total of $1.14 million in investor funds to his accounts on various cryptocurrency exchanges between May and December 2022, and then moved those funds to online casinos.

ChainCatcher message, according to documents submitted to the U.S. District Court for the Southern District of New York on Friday, FTX bankruptcy victims are seeking a ruling that the seized assets of the collapsed cryptocurrency exchange (approximately $8 billion) belong to its customers, not the bankruptcy estate. Last month, the FTX bankruptcy management proposed a new reorganization plan that would allow 98% of creditors to recover 118% of their claims in cash within 60 days after court approval. However, the plan has left many FTX customers feeling that they missed the opportunity to profit from the rise in cryptocurrency prices.

ChainCatcher news, according to Bitcoin.com, after Ripple proposed a settlement cap of $10 million to the U.S. Securities and Exchange Commission (SEC), its Chief Legal Officer stated regarding the SEC's allegations, "Unlike the case with Terraform Labs, there are no victims to compensate in Ripple's case."