In the first week of 2025, authorities in various regions have apprehended criminals involved in cryptocurrency scams targeting numerous victims. Vietnamese police arrested four individuals for a cryptocurrency mining scam that defrauded over 200 victims of 4 billion Vietnamese dong. The suspects, led by Tran Minh Quang, operated a fraudulent crypto-mining website called BitMiner, promising unrealistic returns. In the United States, the Springfield police warned citizens about the rise in Bitcoin and cryptocurrency scams, particularly highlighting crypto ATM scams. Additionally, Hong Kong police arrested 31 scammers, including university students, who used AI deepfakes to steal millions from victims in different countries. The syndicate operated for over a year, targeting victims in Taiwan, Singapore, Malaysia, and the United States. Authorities seized cash, luxury items, and charged some criminals with conspiracy to defraud. Read more AI-generated news on: https://app.chaingpt.org/news

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