Google filed a federal lawsuit alleging a Chinese cybercrime network used its Gemini AI to automate phishing campaigns that stole 3.87 million credit card numbers and caused $1.9 billion in losses since 2023, targeting crypto wallets and exchange accounts.
The story highlights a massive AI-powered phishing operation that stole billions and targeted crypto holders. While Google's legal action is a positive step, the scale of the fraud and vulnerability of crypto users is concerning for the industry.
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