Tag: fraud prevention

AI Crypto Scams in Israel 3 Ways to Fight Back and Win

AI Crypto Scams in Israel 3 Ways to Fight Back and Win

Start-up nation is now under siege by a different kind of criminal – the AI-driven crypto scammer. We’re not discussing your standard phishing email here. These include complex operations who are deploying deepfakes, impersonating celebrities and even developing entire fraudulent investment platforms. It’s the greatest digital illusion ever — glistening...

Illinois Senate Approves Digital Asset Bill to Combat Crypto Fraud

Illinois Senate Approves Digital Asset Bill to Combat Crypto Fraud

The Illinois Senate recently passed Senate Bill 1797, dubbed the Digital Assets and Consumer Protection Act. This purpose of this legislation is to stop cryptocurrency-related fraud and protect investors from unfair, deceptive, and abusive acts and practices. The bill, introduced by Senator Mark Walker in February, aims to provide regulatory...

Crypto Needs Guardrails: Balancing Freedom and Fraud Prevention

Crypto Needs Guardrails: Balancing Freedom and Fraud Prevention

We're at a crossroads with cryptocurrency. On the other hand, we’re witnessing the power of decentralized finance to potentially enable bad actors, undermine trust, and stifle successful innovation. On one hand, we have good policy and technology development. On the other, we’re looking at an avalanche of fraud, scams, and...