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The scam was reported by blockchain security analyst ZachXBT on Sunday hence resulting in Microsoft removing the fake Ledger Live application to avoid further damage. Amid the mainstream adoption of the cryptocurrency market around the world, scams directed at both novice traders and veteran investors have evolved into sophisticated methods. In
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The measures could take effect as early as December, and would only make it easier for exchanges to list crypto assets that are already known to the Japanese market. By March 2023, the JVCEA could also "scrap pre-screenings" for tokens that are new to the market, according to the report. Source
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“Most banks at the moment have a zero-tolerance approach to crypto,” said Tom Robinson, Elliptic’s chief scientist and co-founder. “They don’t have any visibility into the risks that a particular exchange may possess – they all look the same to them. So, many of them won’t bank any exchanges.” Source
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