The GIOC Global Center for Investigations (GIOC) uses open blockchain tools, domain registers and analysis of digital traces to track attackers. In the vast majority of cases, a scheme appears with a proposal of profitable investments in digital assets, when criminals convince future victims to invest, demonstrating fictional income.
The head of the cryptocurrency direction Gioc Kali Smith said that the work on finding scammers is underway in several dozen countries, especially in regions with weak regulation of digital currencies and with schemes for the acquisition of residency for money.
The US Secret Service said that crypto-mesh has become the largest category of Internet crimes. In 2024, the victims reported $ 9.3 billion losses – this is more than half of all announced annual losses. Since the beginning of 2025, cases of crypto-mesh and hacker attacks by $ 2.47 billion have already been recorded, which exceeds the same indicator for the previous year.
The confiscation and arrest of crypto acts became possible thanks to the coordination of law enforcement officers and representatives of the cryptorrhist. Coinbase and Tether frozen assets and help investigators block the schemes of attackers, the department said.
Earlier, a resident of the United States, Michael Zidell), who suffered from a romantic cryptoquam, sued East West Bank and Cathay Bank banks, accusing them of negligence and combination of cryptocurrency fraud.
Source: Bits
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