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A US federal judge has determined that Meta deliberately destroyed or allowed critical data to be erased in a case involving fake cryptocurrency advertisements using an Australian billionaire's likeness, undermining the company's immunity defences.
American authorities have uncovered a sophisticated international fraud ring impersonating the IRS to drain cryptocurrency accounts. The scheme uses official-looking letters with QR codes directing victims to fake government websites.
Singapore's police force and seven cryptocurrency exchanges jointly prevented more than S$2.9 million in scam losses affecting 130 victims during June. The operation marks the third such collaboration using blockchain analysis.