Showing only posts tagged REACT Task Force. Show all posts.

Massive Losses Define Epidemic of ‘Pig Butchering’

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U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “ pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that …

NY Man Pleads Guilty in $20 Million SIM Swap Theft

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A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors …

PlugwalkJoe Does the Perp Walk

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Joseph “PlugwalkJoe” O’Connor, in a photo from a paid press release on Sept. 02, 2020, pitching him as a trustworthy cryptocurrency expert and advisor. One day after last summer’s mass-hack of Twitter, KrebsOnSecurity wrote that 22-year-old British citizen Joseph “PlugwalkJoe” O’Connor appeared to have been involved …