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June 18th in New York authorities Stopped the crypto fraud that targets users who speak Russian through false internet ads.
Operation resulted in a recovery of $ 140,000 and freezing an additional $ 300,000 in cryptocurrencies They were believed to have been stolen.
The investigation was conducted by the Brooklyn District Prosecutor’s Office, the State Attorney’s Office of New York and the Financial Services Department.
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Fraud included Misleading commercials set on platforms like Facebook. These ads have directed users to a false place to invest a cryptocurrency, which he falsely claimed was licensed in New York.
Most ads were in Russian and promoted high yields attract people from the Russian community. Once the users visited the site and sent money, they got a little or no monitoring.
The fraud mainly influenced people in Brooklyn, where more than 300 victims were identified. Losses in the area only reached a million dollars.
After warning, TargetThe company behind Facebook, has removed over 700 ads related to scheme.
New York State Attorney Letitia James said: “These fraudsters aimed at Russian speakers on Facebook with tempting ads and my office, along with the DFS and the Office of the Brooklyn Prosecutor in Brooklyn, have taken actions to stop these frauds and protect New Yorkers.”
The place of fraud claimed to hold the bitcinseWhat is a licensed company that needs to legally work in the New York crypto industry. However, investigators have discovered Never such a license approved on the platform.
On June 11, the Indian Central Investigation Office (CBI) was arrested by Rahul Arora in New Delhi and seized about $ 327,000 in the Crypto currency. What happened? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
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