Microsoft Takes Action Against Phishing Network Exploiting USDT for Fraud

Community Trust Score Verified 98 % Real Verified 43 votes Updated 47 seconds ago Microsoft and cybersecurity group Health-ISAC secured a US court order to seize and redirect domains supporting YAM Store, CoGUI, and Iron Man, three services that sold stolen credentials and phishing tools to fraudsters. The disruption targeted a network that accepted Tether’s USDT and Ethereum to facilitate over 1 billion malicious messages worldwide this year. According to a statement released on Oct. 14, the company disabled more than 20,000 accounts linked to YAM Store. Investigators are continuing to block more than 100,000 impersonation and fraud domains.

Source: The Currency Analytics