A multi-pronged action involving telecom regulators, service providers, the RBI, tech giants and the CBI has been taken to tackle the rising menace of digital arrest scams, besides WhatsApp banning 9,400 accounts involved in such offences, the Centre has told the Supreme Court. The action was detailed by the Indian Cybercrime Coordination Centre (I4C) of…
The use of large language models in scams increased fivefold in 2025, according to TRM Labs, as fraudsters leveraged the technology to boost outreach, make scams more convincing, and launch them at scale. It comes as $35 billion in cryptocurrency was sent to scammer addresses globally last year, a slight decrease from $38 billion in…
Image generated by Google Gemini Criminal organizations weaponized AI to make 2025 a very grim affair for cryptocurrency. Research released today (Jan. 13) by Chainalysis reveals scammers stole an estimated $17 billion through cryptocurrency fraud last year—and the numbers keep climbing. According to the report, AI-powered impersonation tactics have exploded by an unprecedented 1,400% year-over-year,…
