Сrypto scam investigation reveals human trafficking in Cambodia
Investigating crypto scams around Tether’s stablecoin, journalist Zeke Faux uncovers a large human trafficking ring in Cambodia. Crypto scams and exchange hacks are becoming almost a regular occurrence in the digital assets space. But a recent revelation from Bloomberg’s investigative reporter Zeke Faux shows how crypto is being used as a fishing hook to run more sophisticated and larger criminal activities – in this case – human trafficking . Faux’s journey began with a seemingly innocuous text message from a woman named Vicky Ho. Claiming to be a divorced woman running a chain of nail salons in New York, Vicky engaged Faux in conversation before eventually steering it toward cryptocurrency investments. Faux, suspecting a scam, played along to gather more information. Vicky introduced him to a crypto-exchange app called ZBXS and instructed him to deposit Tether to start trading. Bloomberg reporter and author Zeke Faux started off looking at Tether, but en...