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Phantom describes "mass sniper" method making it easy for anyone to execute rug pulls and deceive investors.
Liam 'Akiba' Wright 3 min read 
The financial regulator decried the proliferation of scam websites luring Australians to invest in fraudulent schemes.
The amount of crypto moved through stolen funds has risen by 84% in 2024, while ransomware grew by 2% in the same period.
The charges filed in the US District Court for the Southern District of Florida include violations of federal securities laws' antifraud and registration provisions.
The attacker also promised to return the remaining amount but wanted to talk to the victim privately first.
The report said the rapid growth of crypto ATMs and the lax regulatory oversight have made them an attractive target for criminals
TON is one of the fastest rising blockchain networks in the industry presently.
In their ongoing effort to fight crypto fraud, Kraken and KitBoga use real-time engagement to gather critical intelligence.
As scammers exploit lucrative airdrops, many projects and developers are struggling to mitigate the impact of Sybil attacks.
