Egypt arrests dozens over alleged online crypto scam
1 year, 10 months ago

Egypt arrests dozens over alleged online crypto scam

Al Jazeera  

Egyptian authorities say they have arrested 29 people accused of running an online cryptocurrency scheme. Egyptian authorities have arrested 29 people, including 13 foreign citizens, accused of running an online cryptocurrency scam that defrauded thousands of investors, state media reported. The online platform “HoggPool”, which appeared in August according to local media, promised clients “financial gains after having lured them by fraudulent means”, said a statement released by the prosecution service late on Saturday. The scheme promised large profits from cryptocurrency mining and trading services, for fees charged at an attractive foreign exchange rate.

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Meta cracks down on ‘pig butchering’ scams, claims to have removed over 2 million accounts
1 month, 2 weeks ago

Meta cracks down on ‘pig butchering’ scams, claims to have removed over 2 million accounts

Firstpost  

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