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Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’

Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may have assisted crypto trafficking syndicates. Alleged Victims of ‘Crypto Trafficking Ring’ Rescued The Philippine […]

Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’

Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of their cryptocurrencies. The authorities are also investigating government employees who may have assisted crypto trafficking syndicates.

Alleged Victims of ‘Crypto Trafficking Ring’ Rescued

The Philippine Bureau of Immigration (BI)’s travel control and enforcement unit (TCEU) announced Friday that it has rescued six alleged victims of a “cryptocurrency trafficking ring,” the Philippine government-owned news agency reported.

Bureau of Immigration Commissioner Norman Garcera Tansingco explained that BI officers intercepted the alleged victims as they were about to board a plane to Phnom Penh on Jan. 15. Noting that these passengers had fake return tickets, the commissioner said they gave “inconsistent answers” to questions asked by BI officers, “which raised suspicions that they were merely disguised as tourists but their purpose is to work abroad.”

Ann Camille Mina, TCEU’s acting head, commented:

Eventually, they admitted that they will be working in a call center in Cambodia and were recruited through Facebook.

Authorities Probe Government Officials

Tansingco pledged to take action against any BI employees involved with crypto trafficking syndicates. He noted that the immigration officer who cleared the passengers for departure has been relieved from her duties pending the outcome of an investigation. The commissioner opined:

We want to also help locate and arrest those illegal recruiters that entice employees to take part in their illegal scheme … They are the root of this societal problem and they must also be arrested for this crime.

The Bureau of Immigration is currently investigating at least three persons of interest in the case, said BI spokesperson Dana Sandoval. Regarding whether this crypto trafficking case is related to human trafficking syndicates in Cambodia and Myanmar, she admitted: “That’s what worries us. It seems to be related.”

Crypto crime syndicates have been recruiting unsuspecting victims to work in call centers, particularly in Asian countries, and scam people on social media and dating apps. One of the most common tasks for trafficked victims is “pig butchering,” a type of crypto scam. According to a report by Propublica:

Tens of thousands of people from across Asia have been coerced into defrauding people in America and around the world out of millions of dollars. Those who resist face beatings, food deprivation or worse.

U.S. authorities have repeatedly warned that the pig butchering crypto scam is becoming alarmingly popular. In November last year, the U.S. Department of Justice (DOJ) seized seven domain names used in pig butchering schemes. “Be very careful when you go on social media and dating apps and somebody starts developing a relationship with you, and wants you to start investing … Don’t get butchered,” an FBI official has warned.

What do you think about Philippine authorities rescuing alleged victims of a crypto trafficking ring? Let us know in the comments section below.

Source: Featured Archives – Bitcoin News

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Elon Musk Reaffirms Offer to Eat Happy Meal on TV if McDonald’s Accepts Dogecoin

Elon Musk Renews Offer to Eat Happy Meal on TV if McDonald's Accepts DogecoinTesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (DOGE). Musk originally made the offer a year ago but McDonald’s responded with a counteroffer at the time. Elon Musk, McDonald’s, and Dogecoin Payments Tesla, Spacex, and […]

Elon Musk Renews Offer to Eat Happy Meal on TV if McDonald's Accepts Dogecoin

Tesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (DOGE). Musk originally made the offer a year ago but McDonald’s responded with a counteroffer at the time.

Elon Musk, McDonald’s, and Dogecoin Payments

Tesla, Spacex, and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on Television if the fast food giant starts accepting payments in dogecoin (DOGE).

It has been a year since the billionaire tweeted his offer on Jan. 25, 2022. However, McDonald’s did not accept his offer at the time. “Only if Tesla accepts grimacecoin,” the Twitter account for the fast food corporation replied to him. Grimace is a fluffy, purple character who tags along with Ronald McDonald in McDonaldland commercials.

The subject came up again this week when Twitter user Dogedesigner asked Musk on Thursday whether his offer is still open. The Tesla boss replied with the 100 emoji, indicating that he still stands by his offer.

Elon Musk Reaffirms Offer to Eat Happy Meal on TV if McDonald's Accepts Dogecoin

Following the interaction between the McDonald’s Twitter account and Musk in January last year, grimacecoin (GRIMACE), a crypto token that has nothing to do with either McDonald’s or Musk, was launched. At the time of writing, each grimacecoin is trading at $0.5879.

Musk, who is known in the meme crypto community as the Dogefather, has long been a supporter of dogecoin. His electric car company, Tesla, currently accepts DOGE for some merchandise, and Musk has said that Spacex will follow suit. Moreover, his Boring Company accepts DOGE payments for some rides.

The billionaire previously revealed that he personally owns bitcoin, ether, and dogecoin. He said in June last year that he will keep buying and supporting DOGE. In July, he confirmed that Tesla has not sold any DOGE, and in November, he said: “Dogecoin to the Moon.”

What do you think about Elon Musk offering to eat a McDonald’s Happy Meal on TV if the fast food chain accepts dogecoin? Let us know in the comments section below.

Source: Featured Archives – Bitcoin News

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