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Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022. 4937 Total views 21 Total shares Listen to article 0:00 News Own this piece of history

Collect this article as an NFT By the end of 2022, scammers shifted their focus to duping crypto investors who desperately tried to recoup their year-long losses. An international law enforcement operation led by European government agencies joined crypto entrepreneurs and businesses to curb cross-border crypto scams since July 2022, uncovering a criminal network operating through call centers.

Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022. The investigation identified a criminal network that incurred over $2.1 million in losses primarily for German investors.

Call centres selling fake crypto taken down in Bulgaria, Serbia & Cyprus.

The criminal organisations lured victims to invest over EUR 2 million in bogus crypto investment websites.

Details ??https://t.co/sP21aOn8WY pic.twitter.com/jfF7xsuog9 Europol (@Europol) January 12, 2023

According to Europol, the scammers lured victims from Germany, Switzerland, Australia and Canada, among others to invest in bogus crypto investment schemes and websites. This finding eventually led to the creation of an operational task force aimed toward cross-border investigation.

Operating across four call centers in eastern Europe, scammers lured potential victims by offering lucrative profits on small investments, which motivated them to make larger investments. Considering the number of unreported cases, Europol suspects total losses could be hundreds of millions of euros.

In the investigation, 261 individuals two in Bulgaria, two in Cyprus, three in Germany and 214 in Serbia were questioned, 22 locations in the EU were searched and 30 individuals were arrested. Hardware wallets, cash, vehicles, electronic equipment and documents were also seized.

While scammers continue to impersonate government authorities and businesses, the crypto community maintains a proactive approach to weaken scammers through proactive warning announcements, hack preventive fixes and educating the general public.

Related: $3.9 billion lost in the cryptocurrency market in 2022: Report

A report from bug bounty and security services platform Immunefi revealed that the crypto industry lost a total of 3.9 billion dollars in 2022.

Out of the lot, 95.6% of the total loss was attributed to hacks, while fraud, scams, and rug pulls comprised the remaining 4.4%. BNB Chain and Ethereum were the most targeted blockchains.

Mitchell Amador, CEO of Immunefi, suggested proactively identifying and addressing vulnerabilities to protect the community and rebuild trust among investors. #Blockchain #Europe #Adoption #Euro #Hackers #European Union #Scams #Hacks Related News How to convert your digital art into NFTs and sell it How to connect the Avalanche network to MetaMask? The 10 largest crypto hacks and exploits in 2022 saw $2.1B stolen No respite for exploits, flash loans or exit scams in 2023: Cybersecurity firm 5 sneaky tricks crypto phishing scammers used last year: SlowMist

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First Glastonbury tickets sell out in 30 minutes as new booking system launched

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First Glastonbury tickets sell out in 30 minutes as new booking system launched

Coach tickets to Glastonbury 2025 were sold out in half an hour, organisers have said, as they roll out a new booking system for festivalgoers.

They were the first group of tickets to be sold for the world-famous festival in Somerset, which is set to take place between 25 and 29 June.

This year, fans navigated a new system to buy the tickets as they were “randomly assigned a place in a queue” instead of having to refresh the holding page once they went live.

The organisers said in a post on X: “The Glastonbury 2025 tickets + coach travel which were on sale this evening have now all been sold.

“Our thanks to everyone who bought one.”

They added that National Express services would be available to bring festivalgoers from across the country to Glastonbury.

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Standard tickets will go on sale on Sunday at 9am. Last year they were sold out within an hour.

See Tickets said in a post on X that “confirmation emails are going out now to everyone who got @Glastonbury coach tickets this evening”.

Tickets for the annual event at Worthy Farm in Somerset cost £373.50 plus a £5 booking fee, and are sold exclusively through the See Tickets website, with no third-party sellers involved.

The new ticket system has changed the way people join the booking system.

Organisers previously warned hopefuls to log in “at least a few minutes” before the sale opened today and to avoid refreshing the page.

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Festivalgoers were also told not to attempt to game the system by using multiple devices.

The sale follows chaos earlier this year when tickets for the Oasis reunion went on sale, seeing a multitude of disappointed fans as well as those who felt cheated after being charged hundreds of pounds more for their tickets than was originally advertised.

Anyone wishing to buy tickets for Glastonbury must have registered by 11 November, a rule in place to avoid touting.

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US

RFK Jr chosen as Donald Trump’s health secretary

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RFK Jr chosen as Donald Trump's health secretary

Donald Trump has chosen vaccine sceptic Robert F Kennedy Jr as his new health secretary.

The news was announced by Donald Trump Jr on X, before the president-elect confirmed the appointment just moments later.

Former Democrat RFK Jr, the nephew of former president John F Kennedy, had been running as an independent presidential candidate but dropped out of the race and endorsed Mr Trump in August.

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From August: Kennedy family criticises RFK Jr after Trump endorsement

In return for Mr Kennedy’s support during the election, President-elect Trump pledged to give him a “big role” – and RFK Jr’s preference for the health position was widely reported.

The health and human services (HHS) department includes the Food and Drug Administration, the Centers for Disease Control and Prevention, Medicare, Medicaid and the National Institutes of Health.

RFK Jr will “restore these Agencies to the traditions of Gold Standard Scientific Research, and beacons of Transparency, to end the Chronic Disease epidemic, and to Make America Great and Healthy Again,” the president-elect wrote on X.

Donald Trump and Robert F Kennedy Jr in October during the presidential campaign. Pic: Reuters
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Donald Trump and Robert F Kennedy Jr in October during the presidential campaign. Pic: Reuters

Mr Trump added: “For too long, Americans have been crushed by the industrial food complex and drug companies who have engaged in deception, misinformation, and disinformation when it comes to Public Health.

“The Safety and Health of all Americans is the most important role of any Administration.”

Mr Kennedy is a known vaccine sceptic who has repeated misinformation on multiple occasions, including the discredited theory that childhood immunisations cause autism.

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The RFK Jr-led health department will “play a big role in helping ensure that everybody will be protected from harmful chemicals, pollutants, pesticides, pharmaceutical products, and food additives that have contributed to the overwhelming Health Crisis in this Country,” the president-elect added.

Earlier, his son Donald Trump Jr was the first to confirm the appointment, writing on X: “Robert F Kennedy Jr will be The Secretary of Health and Human Services! Promises Made Promises Kept.”

Read more:
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When Trump met Obama and Biden

RFK Jr’s position will need to be confirmed with a Senate vote – but even with the chamber under Republican control, his appointment may face opposition because of his views on health issues.

Before Mr Trump announced his choice, Mr Kennedy had already claimed the new president would push to remove fluoride from drinking water on his first day in office. The addition of the compound has been cited as helping to improve dental health.

The department RKF Jr is hoping to oversee has more than 80,000 employees across the United States.

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Environment

A 100-MW solar farm just broke ground in Wisconsin

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A 100-MW solar farm just broke ground in Wisconsin

National Grid Renewables has broken ground on its 100 MW Apple River Solar Project in Polk County, Wisconsin.

The Wisconsin solar farm, which will use US-made First Solar Series 6 Plus bifacial modules, will be constructed by The Boldt Company, creating 150 construction and service jobs. Apple River Solar will generate over $36 million in direct economic benefits over its first 20 years.

Once it comes online in late 2025, Apple River Solar will supply clean energy to Xcel Energy, which serves customers throughout the Upper Midwest. According to National Grid Renewables, the solar farm will generate enough energy to power around 26,000 homes annually. It will also offset about 129,900 metric tons of carbon dioxide emissions each year – equivalent to taking 30,900 cars off the road.

“We are excited to see this project begin as it underscores our dedication to delivering clean, reliable and affordable energy to our customers,” said Karl Hoesly, President, Xcel Energy-Wisconsin and Michigan. “This project is an important step in those goals while bringing significant economic benefits to Polk County and the local townships.”

Electrek reported in February that Xcel Energy, Minnesota’s largest utility, expects to cut more than 80% – and possibly up to 88% – of its emissions by 2030, putting it on track to hit Minnesota’s goal of net zero by 2040. It also says it’s on track to achieve its clean energy goals for all the Upper Midwest states it serves – Minnesota, Wisconsin, North Dakota, South Dakota, and Michigan.


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