INSUBCONTINENT EXCLUSIVE:
Memecoins promoted by political figures like Donald Trump, lax regulations, and crypto court cases abandoned by US regulators have kicked
hacks in the first quarter of 2025, with phishing scams making up $96 million, and rug pulls accounting for over $300 million, cybersecurity
social, financial, or legal downsides or friction around this type of behavior
cycles, e.g., romance scams, [North Korea], malware as a service
new info-stealing malwareThe law catches up with some scammersThere are scammers in the crypto space facing the law for their crimes
In a Wednesday notice, officials with the US Department of Justice announced the seizure by the Secret Service of more than $225 million
linked to crypto investment scams.In May, a New Zealand man was arrested in connection with a global crypto fraud operation that allegedly
stole 450 million New Zealand dollars ($265 million).Magazine: Influencers shilling memecoin scams face severe legal consequences
