Fraud

A US judge is delaying the sentencing of Terra founder Do Kwon, seeking clarity on his potential prison term in South Korea. The judge wants guarantees that Kwon will serve his full US sentence, even if extradited, and has raised questions about victim compensation.

A man in Almelo lost his Rolex, worth €11,000, to a scammer who paid with worthless fake tokens. The police are investigating the incident, which highlights the risks of using crypto for private sales.

The Dutch Authority for the Financial Markets (AFM) is warning about the rise of AI-powered financial fraud. Criminals are using deepfakes and hyper-personalized scams to deceive investors on a massive scale, making fraudulent schemes more convincing than ever.