Financially motivated cybercriminals have shifted to using fraudulent investment platforms impersonating legitimate cryptocurrency and forex exchanges. This evolution has led to highly organized, cross-border scam operations that extensively target victims through advanced social engineering tactics. Recent cases highlight the transnational operations involved, with significant incidents such as the August 2025 arrest of 20 individuals tied to the billion-dollar Paynet Coin crypto scam in Vietnam, which showcased the scale and complexity of these schemes.
Group-IB’s analysis sheds light on the intricate methods employed by these scammers, outlining a multi-stage victim manipulation approach. Initial contact often occurs via social media platforms, where attackers pose as successful investors. They deceive potential victims with forged identities and, when doubts arise, employ additional fake personas to enhance the illusion of authenticity. The infrastructure of these scams is markedly sophisticated, utilizing shared backend systems designed to operate seamlessly across different domains, which include complex administrative interfaces and shared resources.
👉 Pročitaj original: Cyber Security News
