A 23-year-old man from Brooklyn, Ronald Spektor, has been charged with a $16 million crypto phishing scam that targeted nearly 100 Coinbase users across the US. He allegedly tricked victims into sending their cryptocurrency to wallets he controlled and is now in custody while authorities work to recover the stolen funds.
AnaisFraudsters are using AI to create fake art documents, such as sales invoices and certificates, that look real and trick galleries, insurers, and collectors. These AI-generated forgeries make it harder to check provenance and increase the risk of financial loss in the art market.
WeatherlyHong Kong’s insurance regulator plans to allow insurers to hold cryptocurrencies and stablecoins, with strict capital rules. The proposal also offers incentives for insurers investing in local infrastructure projects.
WeatherlyA South Korean man who laundered money for a voice phishing gang using cryptocurrency has been sentenced to four years in prison after an appeal cancelled his suspended sentence. The court said he was a middle manager in the scam and previous offences meant a harsher punishment was needed.
WeatherlyOpenAI has launched “Your Year with ChatGPT,” a feature that gives users a personalised summary of their activity, including awards, poems, and images based on their chats. It is available to Free, Plus, and Pro users in select English-speaking countries, and participation is optional with privacy controls in place.
AnaisTencent has gained access to Nvidia’s banned Blackwell AI chips by using data centres in Japan and Australia, instead of bringing the hardware into China. The setup lets Tencent keep training advanced AI models while staying outside US export rules.
AnaisJustin Sun has lost around $60 million after World Liberty Financial blacklisted his wallet, freezing his WLFI tokens following a $9 million transfer. The freeze has left him unable to access or trade his holdings, while the token’s price has dropped over 40% since September.
WeatherlyTrump Media & Technology Group bought 451 more Bitcoin, bringing its total holdings to 11,542 coins worth over $1 billion. The company is using Bitcoin as a long-term reserve and is expanding into crypto investments and related financial services.
AnaisSeven companies ran fake crypto platforms and WhatsApp investment clubs, tricking US investors out of over $14 million with false trading claims and AI-driven tips. Victims were pressured to pay extra fees to withdraw funds, and the stolen money was sent through overseas bank accounts and crypto wallets.
AnaisA Brazilian music project will turn real-time Bitcoin price changes into live orchestral performances using an algorithm to guide the instruments. The initiative has received government approval and funding through Brazil’s tax incentive programme to bring the concept to life in Brasília.
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