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Big tech is making moves against cybercrime. A major internet company just filed legal action targeting a criminal operation that's been running text message scams. These guys were impersonating highway toll services and postal delivery systems to trick people into giving up sensitive info.
The phishing group used fake messages pretending to be from toll road authorities and shipping companies. Classic social engineering tactics that crypto folks should definitely watch out for - same playbook scammers use to drain wallets. When criminals get this organized with SMS phishing campaigns, they usually go after anything valuable, including digital assets.
This lawsuit could set a precedent for how tech giants handle organized fraud rings. The criminal network reportedly hit thousands of victims with these text scams. Pretty wild that it took legal action to go after what's basically a large-scale phishing operation.