New York Attorney General Letitia James has filed a lawsuit to recover over $2 million in cryptocurrency lost to a job scam that deceived victims into purchasing crypto under the guise of securing remote work. Scammers lured individuals with promises of flexible jobs, instructing them to create crypto accounts and deposit funds for fake product reviews, assuring them of refunds and commissions that never materialized. With the help of the US Secret Service, the stolen crypto has been frozen, and James warns the public to be wary of unsolicited job offers via text messages.
H&R Block and Intuit stocks plummeted following reports that the Trump transition team is exploring a free tax-filing app, potentially competing with existing services. Intuit"s shares fell 5%, while H&R Block dropped 8%, marking their worst days in years. The discussions come amid ongoing scrutiny of both companies for misleading marketing practices related to free filing options.
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