The scam tries to lure users with a fraudulent 100,000 XRP airdrop pool. Hackers have potentially gained access to the official Twitter account of News 24, a popular Hindi news channel. The Crypto Bas...
Tag: Scam
Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam – Regulation Bitcoin News
The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the ...
Indian College Student Commits Suicide Due to Crypto Scam
25 seconds ago | 2 mins read Bitcoin News The victim was a second-year B.Com student in the Indian city of Lucknow. After hearing the company’s assurances of profits, the student sent over $4,200 in B...
Woman Loses More than $300K to Crypto Romance Scam
A young woman – who remains anonymous at press time – has come out to discuss her circumstances of falling victim to a crypto romance scam. How One Woman Lost a Lot of Money to a Crypto Scam Having fi...
Indian Student Committed Suicide After Becoming a Victim to a Bitcoin Scam (Report)
A second-year B.Com student from the Indian city Lucknow reportedly hanged himself after losing a bitcoin investment worth ₹3.5 lahks ($4,200). The local police assured they will investigate the tragi...
SEC Files Complaint Against BKCoin And Co-Founder For Alleged $100 Million Scam
Many crypto investors have lost their funds in scams such as BKCoin. For instance, Bitcoinist reported that the DeFi sector recorded a whopping $678 million to hackers in the second quarter of 2022, c...
Elon Musk Trolls Those Who Call Crypto a Scam as Two Major Banks Crash
Yuri Molchan Twitter boss Musk has posted another meme related to crypto and to two major banks that are shutting down Contents Elon Musk makes fun of crypto haters as two banks go down Bitcoin grows ...
US SEC Alleges BKCoin and its Co-Founder for Running a $100 Million Crypto Scam
The US Securities and Exchange Commission (SEC) filed an emergency action against the Miami-based financial advisor firm – BKCoin Management LLC – and its Co-Founder Kevin Kang, claiming they have def...
Token Sniffer Adds API for Faster Scam Scans
Token Sniffer is dead simple: paste a smart contract address into the tool to scan for telltale signs of a scam. But that doesn’t really scale for companies that need to check hundreds of tokens in a ...
All SHIB Stolen by Fake Shytoshi Kusama Scam Wallet from Prominent Shiba Inu Holder: Details
Yuri Molchan Account of SHIB VIP Social Network creators has had all their Shiba Inu tokens stolen by scam wallet Contents All SHIB tokens stolen by Shibarium scam wallet SHIB regains most-traded-toke...
SEC sues Utah-based Green United over $18m crypto mining scam
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Utah-based firm Green United, accusing the company of violating federal securities laws by selling $18 million worth of fa...
Green United Mounted $18M Crypto Mining Scam: SEC files Suit
Utah-based Green United, $18 million worth of faulty mining equipment. They promoted non-existent Green Blockchain and mining on GREEN tokens. The SEC recently filed a suit against Green United for s...
Utah-based Green United Faces SEC Accusations of Running an $18 Million Crypto Mining Scam – Cryptopolitan
The US Securities and Exchange Commission (SEC) has filed a complaint against Utah-based Green United for allegedly running an $18 million cryptocurrency mining scam. The authority claims that the com...
Gemini says third-party incidents resulted in phishing scam targeting European users
Gemini disclosed incidents attributed to a third party that resulted in a phishing campaign targeting users in the UK and Europe, according to a client email seen by The Block. Scammers have use...
Indian State Governor’s Twitter Hacked To Promote XRP Scam
18 seconds ago | 2 mins read Altcoin News The hacker posted phoney adverts showcasing Ripple, the crypto business behind XRP. The account was used to publish dozens of tweets supporting the fraud. Aft...
Dutch police recover 90% of victim decryption keys in ransomware scam
Listen to this article. The Dutch National Police have disrupted the Deadbolt ransomware group, recovering the decryption keys of 90% of victims that contacted police, according to a report by Chainal...
CertiK reports closure of ‘Monkey Drainer’ scam
CertiK Alert, a blockchain security firm, has reported the closure of a notorious phishing scam operation known as the “Monkey Drainer.” According to the report, the Monkey Drainer was run by an indiv...
Coffeezilla Accuses Khabib Nurmagomedov of Promoting NFT Scam
Coffeezilla – the popular YouTuber and “Internet Detective” covering crypto scams – is now accusing the mixed martial arts legend Khabib Nurmagomedov of “scamming” his followers with NFTs. The former...
Estonian Pair Arrested for Running $500 Million Crypto Scam
Two 37-year-old Estonian citizens named Sergei Potapenko and Ivan Turogin have been arrested after potentially defrauding hundreds of thousands of people in an alleged crypto scheme. The money lost at...
Avraham Eisenberg Arrested for Mango Markets Crypto Scam
Avraham Eisenberg – a man from Puerto Rico – is set to face charges in a New York City courtroom after allegedly invoking a crypto fraud scheme that cost investors more than $110 million. Avraham Eise...
Illuvium DAO voting to nix game with Su Zhu to avoid ‘scam by association’
Illuvium DAO, the community behind the NFT gaming project Illuvium, is voting to block a planned crypto gaming session between its CEO Kieran Warwick and Su Zhu, co-founder of the bankrupt crypto hedg...
Aussies revealed as prime targets of Israel crypto scam syndicate
Australian residents have been identified as the primary targets of a sophisticated network of cryptocurrency call-center scammers — suspected to be run by Israel-based crime bosses. Evidence uncover...
Discord scam sees The Block come knocking with fake ‘Article Writer’ promises
“Hello there, I am Rummer. from theblock.co where I work as a Article Writer. Our team is intrigued by your NFT project and we would like to request permission to write an article about your project.”...
The Block comes knocking in Discord scam
“Hello there, I am Rummer. from theblock.co where I work as a Article Writer. Our team is intrigued by your NFT project and we would like to request permission to write an article about your project.”...
PeckShield sees increase in BingChatGPT scam tokens
PeckShield, a blockchain security company, has issued a warning about the rise of pump and dump tokens on BingChatGPT, cautioning investors to be vigilant and do thorough research before investing in ...
Hope Finance Scam Leaves Prospective DeFi Users Out of Pocket
After the discovery of a vulnerability with a value of $2 million, potential customers of an Arbitrum-based decentralized finance (DeFi) effort have been left without any financial remedy. This is bec...
Two scam Twitter accounts rugged over 80.3 ETH last month
Two scam Twitter accounts posing as CryptoPunk and Azuki whales have stolen over $136,500 (80.3 ETH) in the last 30 days. The expose is the latest in a string of hacks and scams in the crypto world. F...
Crypto Scam Revenue Dropped 46% in 2022 – Featured Bitcoin News
Revenue from cryptocurrency scams dropped 46% in 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to wo...
US State Regulator Launches Crypto Scam Tracker – Featured Bitcoin News
The California Department of Financial Protection and Innovation (DFPI) has launched a cryptocurrency scam tracker to help residents “spot and avoid crypto scams.” The regulator stated: “As reports of...
Red Cross Account Hacked to Promote Ripple Scam
Alex Dovbnya In the latest of a series of incidents involving hacked Twitter accounts promoting XRP scams, the Red Cross account was recently targeted In yet another example of the rising trend of cry...
Crypto Scam Revenue Plunged by 46% in 2022: Report
Last year was less profitable for crypto scammers as their revenue plunged nearly 50% in 2022, according to a new study by blockchain analytics firm Chainalysis. The blockchain company noted that the ...