Taipei, 26 Feb 2024 – The prevalence of cryptocurrency investment and financial fraud poses significant challenges to victims, often leaving them unable to recover defrauded assets even after cases are solved. In a groundbreaking collaboration, Taiwan’s Criminal Investigation Bureau (CIB), the Judicial Reform Foundation (JRF), and blockchain-enabled financial institution XREX… Read More
XREX proudly launches “Risk Level Detector”, a new feature which helps customers detect risk levels of users’ deposit and withdrawal crypto addresses. Top security is our commitment to you. We understand it has been a challenge for crypto users to identify tainted crypto wallets; many have been scammed and lost… Read More
If you read about Bitcoin and cryptocurrencies primarily from the mainstream media, you would be forgiven in thinking that any kind of involvement in Bitcoin could result in you getting scammed. Indeed, “Bitcoin” and “scams” are increasingly being used together often to describe almost any fraud related to cryptocurrencies. The… Read More
Yesterday the XREX secops team noticed an AML alert — one of our users tried to withdraw funds into wallet: 1BT5vBb9WKudUAX51jiWi3pAawobD3mZwM; our system blocked this withdrawal due to its high CipherTrace risk score. (Also published on Hacker Noon) Nigerian Crypto Scam Group launched more than 30 different scam websites. [Investigation Summary] ======= Victims: 1000+ people from worldwide,… Read More