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Is AI Making Cyber Crimes Easier for Criminals? 🚨 U.S. law enforcement officials at the International Conference on Cyber Security highlighted how advancements in artificial intelligence (#AI ) are simplifying cyber crimes like hacking and scamming. They noted AI's role in reducing the technical expertise required for such activities, making them more effective and dangerous. However, they also emphasized AI's potential to aid authorities in tracking #illegal activities more efficiently. Concerns were raised about the rise of AI-generated "deep fakes," which pose a threat to existing security systems. Instances of deep fakes have surged globally, raising alarms among public figures who have been targeted. This trend has prompted worries about #criminals exploiting these sophisticated technologies to undermine established security measures. #Binance #crypto2024
Is AI Making Cyber Crimes Easier for Criminals? 🚨

U.S. law enforcement officials at the International Conference on Cyber Security highlighted how advancements in artificial intelligence (#AI ) are simplifying cyber crimes like hacking and scamming.

They noted AI's role in reducing the technical expertise required for such activities, making them more effective and dangerous. However, they also emphasized AI's potential to aid authorities in tracking #illegal activities more efficiently.

Concerns were raised about the rise of AI-generated "deep fakes," which pose a threat to existing security systems. Instances of deep fakes have surged globally, raising alarms among public figures who have been targeted.

This trend has prompted worries about #criminals exploiting these sophisticated technologies to undermine established security measures.

#Binance
#crypto2024
1. Israeli businessman Moshe Hogeg, previously linked to #ICO fund misuse in 2018, now faces charges of fraud, theft, #money laundering, and tax crimes. 2. Israeli #police accuse him of defrauding investors out of $290 million. 3. Police recommendations have been forwarded to the #Israeli prosecutor for a decision on whether to press charges and examine the evidence. 4. The charges center around substantial financial misconduct and #illegal activities. 5. The case highlights the legal actions taken against Hogeg for alleged financial crimes and potential consequences he may face if charged.
1. Israeli businessman Moshe Hogeg, previously linked to #ICO fund misuse in 2018, now faces charges of fraud, theft, #money laundering, and tax crimes.

2. Israeli #police accuse him of defrauding investors out of $290 million.

3. Police recommendations have been forwarded to the #Israeli prosecutor for a decision on whether to press charges and examine the evidence.

4. The charges center around substantial financial misconduct and #illegal activities.

5. The case highlights the legal actions taken against Hogeg for alleged financial crimes and potential consequences he may face if charged.
The US Securities and Exchange Commission (SEC) has now broadened its oversight, including crypto securities trading, asking DeFi and other crypto entities to register as dealers, yaar. Looking at it #long-term , such regulatory standards mean digital assets are getting recognized by regulatory bodies, which is good news. But short-term, these norms could weed out some grey or even #illegal trades, putting pressure on coin prices. $BTC $ETH #Write2Earn
The US Securities and Exchange Commission (SEC) has now broadened its oversight, including crypto securities trading, asking DeFi and other crypto entities to register as dealers, yaar. Looking at it #long-term , such regulatory standards mean digital assets are getting recognized by regulatory bodies, which is good news. But short-term, these norms could weed out some grey or even #illegal trades, putting pressure on coin prices. $BTC $ETH #Write2Earn
Bithumb Is Under Investigation For Listing On An Unauthorized Virtual Asset MarketThe prosecution is also investigating the #Bithumb leaders and employees for listing virtual currencies in exchange for payment. Similar to the South Korean encryption exchange Coinone, it was revealed on March 17 that employees of the South Korean encryption exchange Bithumb are also under investigation by law enforcement for allegedly taking payment to list cryptocurrencies. The office of Bithumb Holdings and the suspect Lee were taken and searched by the Financial Investigation Division 2 of the Seoul Southern District Prosecutors Office. While the prosecution is undertaking an investigation, it is impossible to say, the platform official said. But I'm not sure what it's about because the prosecutor's office's seizure and search did not target Bithumb assets, but rather humans. Mr. Lee, a worker for Bithumb Holdings, the company that owns this virtual asset exchange, is being investigated by the prosecution for listing a certain virtual currency on the exchange for cash. Her aunt's home and the office of Bithumb Holdings are alleged to have been searched and confiscated by the Financial Investigation Division 2 of the Seoul Southern District Prosecutor's Office, led by Chief Prosecutor Chae Hee-man. A former Coinone employee named Jeon was under investigation in February by the Seoul Southern District Prosecutor's Office for allegedly accepting hundreds of millions of won in exchange for listing many cryptocurrencies that had just been introduced to the market. Other #virtual asset exchanges were put on high alert when the prosecution began looking into Bithumb and Coinone, the second and third largest companies in the sector, on the basis of allegations of #illegal listing. This is due to the fact that there has been ongoing debate in the virtual asset market regarding "illegal listing," which involves the listing of virtual currencies for money, and that new problems could arise as a result of the investigation by the prosecution.

Bithumb Is Under Investigation For Listing On An Unauthorized Virtual Asset Market

The prosecution is also investigating the #Bithumb leaders and employees for listing virtual currencies in exchange for payment.

Similar to the South Korean encryption exchange Coinone, it was revealed on March 17 that employees of the South Korean encryption exchange Bithumb are also under investigation by law enforcement for allegedly taking payment to list cryptocurrencies. The office of Bithumb Holdings and the suspect Lee were taken and searched by the Financial Investigation Division 2 of the Seoul Southern District Prosecutors Office.

While the prosecution is undertaking an investigation, it is impossible to say, the platform official said. But I'm not sure what it's about because the prosecutor's office's seizure and search did not target Bithumb assets, but rather humans.

Mr. Lee, a worker for Bithumb Holdings, the company that owns this virtual asset exchange, is being investigated by the prosecution for listing a certain virtual currency on the exchange for cash. Her aunt's home and the office of Bithumb Holdings are alleged to have been searched and confiscated by the Financial Investigation Division 2 of the Seoul Southern District Prosecutor's Office, led by Chief Prosecutor Chae Hee-man.

A former Coinone employee named Jeon was under investigation in February by the Seoul Southern District Prosecutor's Office for allegedly accepting hundreds of millions of won in exchange for listing many cryptocurrencies that had just been introduced to the market.

Other #virtual asset exchanges were put on high alert when the prosecution began looking into Bithumb and Coinone, the second and third largest companies in the sector, on the basis of allegations of #illegal listing. This is due to the fact that there has been ongoing debate in the virtual asset market regarding "illegal listing," which involves the listing of virtual currencies for money, and that new problems could arise as a result of the investigation by the prosecution.