Gate News message, April 24 — The U.S. Treasury's Office of Foreign Assets Control (OFAC) has sanctioned Cambodian senator Kok An, who allegedly controls scam compounds throughout the country, along with 28 other individuals and entities linked to his network. The move targets what OFAC describes as

Gate News message, April 23 — The Consumer Federation of America (CFA) has filed a class-action lawsuit against Meta Platforms in Washington, D.C. Superior Court, accusing the social media giant of knowingly generating billions in revenue from scam advertisements while failing to protect

Gate News message, April 23 — A 19-year-old first-year university student from Guangdong, China, was trafficked to a fraud operation in Myanmar's Shan State after being lured to Thailand on April 10 under the guise of attending a water festival. After being intercepted in Bangkok, she was sold to a

Gate News message, April 23 — TikTok announced a comprehensive crackdown on AI-generated content that infringes on user rights, disclosing that it has removed over 538,000 videos and penalized more than 4,000 accounts to date. The platform will prioritize enforcement against AI deepfakes, voice

Gate News message, April 22 — Scammers posing as Iranian authorities are demanding cryptocurrency payments in Bitcoin or USDT from shipping companies in exchange for safe passage through the Strait of Hormuz, according to CoinDesk. Greek maritime risk firm Marisks has issued a warning that

Gate News message, April 21 — Scammers posing as Iranian officials are demanding Bitcoin (BTC) and Tether (USDT) as transit fees from ships in the Strait of Hormuz, according to a warning from MARISKS, a Greece-based maritime risk management firm. The scheme falsely promises "safe transit

Gate News message, April 21 — Unknown actors sent fraudulent messages to shipping companies with vessels stranded west of the Strait of Hormuz, claiming to be Iranian authorities and offering safe passage in exchange for fees paid in Bitcoin or Tether, according to Greek risk firm MARISKS. The messa

A Hong Kong woman lost 7.7 million HKD to a scammer posing as an investment expert on Telegram, promising high returns with low risk. After transferring funds multiple times, she couldn't withdraw her money, revealing the fraud. Police warned against such scams.

A coordinated Ethereum phishing attack drained $585,000 from four victims, exploiting user permissions through a deceptive link. This incident highlights the rapid loss of funds via social engineering, even under the guise of legitimacy.