"The online world is changing fast. Every week, new scams, hacks, and tricks show how easy it's become to turn everyday technology into a weapon. Tools made to help us work, connect, and stay safe are now being used to steal, spy, and deceive. Hackers don't always break systems anymore - they use them. They hide inside trusted apps, copy real websites,"
"The U.S. government has seized $15 billion (approximately 127,271 bitcoin) worth of cryptocurrency assets from one of the world's largest operators of forced-labor scam compounds across Cambodia, Myanmar, and Laos, which are known to conduct romance baiting (aka pig butchering or Shā Zhū Pá n) schemes to defraud victims under the pretext of increased returns. The perpetrators, operating from the scam compounds under the threat of violence, often built relationships with their victims over time, earning their trust before stealing their funds."
Online systems, apps, and everyday technology are being repurposed into tools for theft, surveillance, and deception. Attackers embed themselves inside trusted applications, clone legitimate websites, and manipulate people into surrendering control. The shift has made cybercrime about power, money, and control over communication and daily life. The U.S. government seized $15 billion (about 127,271 bitcoin) connected to a major operator of forced-labor scam compounds in Cambodia, Myanmar, and Laos. Those compounds ran romance baiting or 'pig butchering' schemes, with trafficked individuals confined and forced to carry out large-scale cryptocurrency investment fraud. An indictment names the Prince Group and CEO Chen Zhi (aka Vincent).
Read at The Hacker News
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