A new breed of cyberattack is gaining traction, blending social engineering with AI-generated deepfakes to target government workers and crypto leaders.
In recent weeks, the FBI has issued warnings about a disturbing trend: scammers posing as high-ranking U.S. officials using deepfake audio and messages to trick victims into giving up sensitive data.
The scheme has been active since April, with bad actors attempting to lure public servants into clicking malicious links or logging into fake platforms designed to steal passwords. If successful, the hackers gain access to official contact lists, amplifying the potential damage by impersonating trusted individuals in follow-up attacks.
Meanwhile, in the crypto world, industry figures are also under fire. Polygon co-founder Sandeep Nailwal reported a chilling scam involving deepfaked video calls where he and other team members were falsely shown on screen. In reality, victims were being coerced into downloading malicious software during silent Zoom calls orchestrated by attackers who had hijacked legitimate Telegram accounts.
Nailwal expressed frustration over the lack of recourse on platforms like Telegram, where reporting mechanisms are limited. Other prominent Web3 figures, including Dovey Wan, have also confirmed being mimicked in similar scams.
As deepfake technology becomes more convincing and accessible, cybercriminals are moving beyond email phishing—now targeting their victims through highly realistic impersonation across multiple channels.
Indian crypto exchange CoinDCX has confirmed a $44 million security breach involving one of its internal liquidity accounts.
The United Kingdom’s Home Office is preparing to liquidate a massive cache of seized cryptocurrency—at least $7 billion worth of Bitcoin—according to a new report by The Telegraph.
A former National Crime Agency (NCA) officer has been sentenced to five years and six months in prison after stealing 50 BTC—now worth over £4.4 million—from a criminal investigation he was helping to lead.
The U.S. Securities and Exchange Commission (SEC) has filed emergency enforcement actions against First Liberty Building & Loan, LLC and its founder, Edwin Brant Frost IV, alleging they operated a $140 million Ponzi scheme that spanned more than a decade and defrauded around 300 investors.