The trading trap of Instagram Forex scams - Negative PID

Instagram, the global hub for influencers, lifestyles, and self-branding, has become fertile ground for financial scams disguised as investment opportunities.

Negative PID
@wordshaper fwiw i've been saying ever since the fam partnered with #JustinSun that they are obviously in business with the chinese mafia and the #pigbutchering scam centers, because laundering money for those operations is justin sun's primary line of business.

"This is the story of how dealmaking by the Trump family's $3 billion crypto firm put it in uncomfortable proximity to alleged criminals sanctioned by the Trump government."

(tl;dr the #Trump family's in business with the chinese #mafia, which shouldn't surprise anyone who reads my feed but still nice to see such concrete confirmation)

https://www.thetimes.com/world/asia/article/trump-crypto-venture-linked-to-firm-tied-to-sanctioned-figures-knzkphdlg

#worldLibertyFinancial #WLFI #crypto #trump #corruption #uspol #cambodia #princeGroup #ASEAN #thailand #myanmar #china #organizedCrime #scams #pigButchering

The trading trap of Instagram Forex scams - Negative PID

Instagram, the global hub for influencers, lifestyles, and self-branding, has become fertile ground for financial scams disguised as investment opportunities.

Negative PID
I have multiple friends whose family members have been scammed. Talk to your parents! But listen to this first. It is WILD. https://freakonomics.com/podcast/heres-why-you-are-constantly-fighting-off-scammers/
#podcast #pigbutchering #scams #fraud

Two of the biggest heavyweight scam TTPs - malvertising and pig butchering - have combined. In our latest research, we track hundreds of investment‑scam campaigns using this one-two punch to target Japan and the wider Asia region.

The hybrid approach kicks-off with malvertising ads that impersonate well‑known financial experts, funnel victims through lure sites on RDGA‑generated domains, before finally pulling them into messaging chats run by tireless AI‑style pig butcher bots. The result: an industrial‑scale long con, with individual victims reporting losses of up to ¥10M (~US$63k).

This model is reused across different campaigns and, by pivoting on DNS, we've so far been able to map out an ecosystem of over 23,000 domains.

In our latest blog we talk about our first‑hand experience going through the scheme, break down the entire flow, and share all the related IOCs: https://www.blogs.infoblox.com/threat-intelligence/banners-bots-and-butchers-an-automated-long-con-targeting-japan-asia-and-beyond/

#Infoblox #InfobloxThreatIntel #dns #threatintel #threatintelligence #malvertising #pigbutchering #rdga #dga #lookalikes #crypto #investment #scam #fraud #cybercrime #cybersecurity #infosec #Japan #Asia #AI

Banners, Bots and Butchers: The AI-Driven Long Con in Asia

Hybrid malvertising and pig butchering scams targeting Asia may mark future direction of AI-driven cyber fraud

Infoblox Blog

La Chine exécute 11 chefs d’un réseau d’arnaques et de piratage informatique

--> https://www.zataz.com/la-chine-execute-11-chefs-dun-reseau-darnaques-et-de-piratage-informatique/

// 11 exécutions liées à des centres de cyber arnaques.

#cybercrime #arnaque #pigbutchering #traiteHumaine #Myanmar #Chine #scams #zataz

This is an astounding article from @WIRED. It's about how a man trapped into being a pig-butchering scammer stole reams of data about the operations of the scam shop he was enslaved in, and ultimately escaped.
I highly recommend it.
h/t @zackwhittaker
https://www.wired.com/story/he-leaked-the-secrets-southeast-asian-scam-compound-then-had-to-get-out-alive/
Free link: https://archive.ph/4lBx1
#infosec #privacy #PigButchering
He Leaked the Secrets of a Southeast Asian Scam Compound. Then He Had to Get Out Alive

A source trapped inside an industrial-scale scamming operation contacted me, determined to expose his captors’ crimes—and then escape. This is his story.

WIRED
I Escaped Chinese Mafia Crypto Slavery | Hacklab | WIRED

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