The FBI dismantles Outsider Enterprise, an AI-powered Chinese phishing operation, and seizes ~$100K in Tether in a joint effort with Google and Black Lotus Labs
In a coordinated effort, the FBI, working with Google and Black Lotus Labs, has dismantled a massive Chinese phishing …
How David Sacks' AI and crypto policies in Trump's White House benefit his investments, those of his Silicon Valley friends, and the All-In podcast he co-hosts
Calls Conflict Claims “Nothing Burger” Mike Pearl / Gizmodo : 438 Reasons to Doubt that David Sacks Should Work for the Federal Government Mark Toon / Protos : David Sacks sends silly legal threat to ...
A look at the relationship between Tether and Trump transition co-Chair Howard Lutnick, who boasted about Cantor Fitzgerald handling $10B in redemptions in 2022
Howard Lutnick has defended the stablecoin company which has been used by gangs and US adversaries Bluesky: @tonytassell Bluesky: Tony Tassell / @tonytassell : An eye-opening look at Tether and Howard...
Guracha Belachew Bersha, a now-freed Ethiopian man, details scamming hundreds while he was enslaved for 16 months in a pig butchering scam center in Myanmar
A multibillion-dollar cyberfraud industry operating out of Southeast Asia relies on forced labor and torture X: @felizysolo , @mikesmithwriter , @silvermanjacob , @jchengwsj , @jchengwsj , and @jcheng...
An investigation details how Chinese gangs, Chinese officials, and Myanmar's Junta made Myanmar's Kokang region a key hub in the global online scam industry
Washington Post : X: @tmclaughlin3 , @shibanimahtani , @washingtonpost , @silvermanjacob , @zachabuza , and @shibanimahtani . LinkedIn: Shibani Mahtani X: Timothy McLaughlin / @tmclaughlin3 : The Mya...
An excerpt from the book Number Go Up traces “wrong number” texts to Chinese gangs in Cambodia and Myanmar using forced labor to run pig butchering Tether scams
of human trafficking. Thousands of people across Southeast Asia are lured with the promise of good jobs, then trapped and forced to scam. Zeke Faux / @zekefaux : It turns out people really do lose mil...
A book excerpt traces “wrong number” texts to Chinese gangs in Cambodia and Myanmar that use forced labor to run pig butchering scams involving Tether
The mysterious WhatsApp message arrived one night in August 2022, while I was out at a bar with a friend: “Hi David, I'm Vicky Ho don't you remember me?” X: @bw , @bw , @joelwebershow , @yueqi_yang , ...
A profile of stablecoin developer Tether, which has withstood huge redemption runs during the current brutal crypto winter, competition, and regulatory pressure
Amid crypto's existential crisis, its largest liquidity provider, Tether, has withstood multiple multibillion-dollar redemption runs. Tweets: @mdudas , @silvermanjacob , and @sarahnemerson Tweets: Mik...
Tether's reports show increasing loans denominated and payable in its own stablecoin, reaching $6.1B as of September 30, a potential risk in a crisis
Tether reports hadn't disclosed that loans it issues are denominated and payable in the token — The SEC's Strategy for Enforcing Regulation on Crypto, Explained Tweets: @patio11 , @anthony , @bitboy...
FTX claims the company was hacked, telling users to delete FTX apps, not install app updates, and not to visit FTX.com, after $600M+ in crypto left its wallets
trustless, permissionless, uncensorable crypto—is the only path forward for the future. This week, we grieved. Next week, we build. @cz_binance : What a sh!t show... And it's going to be crypto's faul...