Web3 anti-scam platform Scam Sniffer reported that approximately 10,000 victims lost $46 million to crypto phishing scams in September alone. Scam Sniffer reported that in the third quarter of 2024 alone, crypto phishing losses totaled $127 million.
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Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.