Breaking Industry News
Breaking News articles for July 2025
Stakeholders tackle AI?fueled fraud in Web3, digital channels
Monday, July 07, 2025
Bitget, a global cryptocurrency exchange, concluded its 2025?Anti?Scam Month, an awareness and education campaign designed to fortify users against escalating Web3 fraud. Throughout June, Bitget rolled out its flagship Smarter Eyes Challenge, designed to be an engaging, comic-style mini-game simulating real-world scams such as phishing, social engineering and fake token approvals.
Walmart hit with $10M fine for turning blind eye to scammers
Thursday, July 03, 2025
Walmart will pay $10 million to settle Federal Trade Commission charges that it turned a blind eye to scammers who used the mega retailer's in-store money transfer services to bilk U.S. consumers of hundreds of millions of dollars.
ETA spotlights FTC action against Paddle, prepares for AI future
Tuesday, July 01, 2025
As previously reported in The Green Sheet, the UK payment processor Paddle.com Market Ltd., and its subsidiary, Paddle.com Inc. (based in Delaware), will pay $5 million and be permanently banned from processing payments for tech-support telemarketers under a settlement reached with the Federal Trade Commission on June 16 2025. See the full article here.
