"High Income and Flexible Work"... Employment Scams Using Virtual Assets Rampant in New York

Image provided by the Office of the New York Attorney General, Letitia James

In New York, USA, it has been revealed that a total of $2 million (approximately 3 billion KRW) in damages have occurred due to acts of inducing cryptocurrency remittances under the guise of employment.

According to Cointelegraph on the 12th, Letitia James, the New York Attorney General, announced in a statement that "the employment scam group defrauded citizens seeking jobs by posting false job advertisements offering high salaries and flexible working conditions to extort virtual assets," and "legal actions will be initiated to recover them."

Specifically, the group induced the purchase of virtual assets such as USDC and Tether (USDT), and then moved them to fake websites to embezzle funds. The total damage amounts to $2 million, with some victims reportedly suffering losses of over $100,000.

Currently, the defrauded virtual assets have all been frozen in collaboration with issuers such as Tether and Circle.

Attorney General James criticized, "Deceiving New York residents who are trying to earn money to support their families is cruel and unacceptable."