Synthetic Identity Fraud and Crypto: How Fake Identities Are Used in Financial Crime
Synthetic identity fraud (SIF) is one of the most rapidly growing forms of financial crime in the U.S., with the Federal Trade Commission (FTC) estimating that it accounts for up to 80% of all credit card fraud losses (Federal Trade Commission, 2022). In SIF,...
Crypto Crime as a Service: The Emergence of Black Market Solutions
Cryptocurrencies like Bitcoin, Ethereum, and privacy coins such as Monero have transformed global financial transactions by providing decentralized, anonymous, and borderless ways to transfer value. While these features offer many benefits, they have also opened the...
Cryptocurrency Fraud in Charity Donations: Scams that Prey on Compassion
Cryptocurrency has gained significant popularity in recent years, not only as a form of investment but also as a means of supporting charitable causes. The decentralized and often anonymous nature of digital currencies, like Bitcoin and Ethereum, makes them an...
🔒 October is Crime Prevention Month! Stop Crypto Scams Before They Start 🔒
As cryptocurrencies gain popularity, so do the scams targeting users. This Crime Prevention Month, let’s take action against the growing threat of crypto scams that prey on individuals and organizations alike.Scammers are using new tactics to steal your money....
Ransomware and Crypto: The Modern Extortion Industry and Its Impact on National Security
Ransomware is a type of malicious software that encrypts a victim’s data, rendering it inaccessible until a ransom is paid. The rise of cryptocurrency as the preferred method of ransom payment has transformed ransomware from isolated incidents into a pervasive, global...
Now Offering Cryptocurrency for the Patrol Officer