article thumbnail

US Treasury Warns Banks Of Twitter Crypto Scam

PYMNTS

On Wednesday (July 15), bad actors hacked the Twitter accounts of numerous popular officials and CEOs, including Elon Musk and Jeff Bezos , all posting identical messages promising to double Bitcoin donations and return them to the senders if people clicked a malicious link.

article thumbnail

How will money transferring between countries look in five years?

Finance Magnates

SUSPICIOUS ACTIVITY REPORTING: SAR checks are currently performed in the US and in different countries (under various different nomenclature / taxonomy). Even Bitcoins. Your phone would be in some crude sense a financial instrument. Expect to see a sharp rise in QR Codes.