🔐 Cyber News (June 9, 2024):

1️⃣ Swift: The team behind the #Gemholic ecological project within the #ZkSync Era ecosystem faces allegations of executing a rug pull amounting to $3.5 million. As per statements from affected users and select experts, the developers withdrew funds from the protocol and promptly erased all traces from social media platforms. 🌿

2️⃣ NY AG James: Letitia James, head of the New York State Attorney General's office (NYAG), has initiated legal action against NovaTechFx and AWS Mining on charges of fraud and investor deception. Operating akin to a Ponzi scheme, these companies defrauded over 11,000 residents of New York, with a focus on exploiting religious communities and Haitian immigrants. ⚖️

3️⃣ PeckShield: Observations from cybersecurity analysts indicate a surge in hacker activity. The cumulative losses from these illicit activities are poised to exceed the previous year's figures, with hackers siphoning off $575 million in May 2024 alone. 🛡️

4️⃣ Sky Mavis: Sky Mavis, the studio behind Axie Infinity's development, has successfully recovered $5.7 million pilfered from the Ronin sidechain. This retrieval was made possible through collaboration with the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime. 🐉

5️⃣ Justice: Three British nationals stand accused by the US Attorney's Office of amassing $3 million through fraudulent means involving a collection of non-fungible tokens (NFTs). Mohamed-Amin Acha, Mohamed Rilaz Valida, and Daud Hassan orchestrated the "Evolved Apes" NFT collection with the explicit purpose of duping investors and absconding with their funds. 🎭

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