Crypto scammers are always trying to devise new means of defrauding unsuspecting members of the public. The Federal Trade Commission (FTC) earlier today published a new scam alert involving the use of...
Tag: Scam
South African police investigating alleged Africrypt bitcoin scam
advertisement Authorities in South Africa have launched an investigation into the Africrypt bitcoin (BTC) investment saga, according to Bloomberg on Tuesday, following complaints by people affected by...
FTC issues public warning about new crypto ATM scam
The FTC published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where the victims will be directed to s...
Pakistan government contacts Binance over $100 million scam investigation
The Federal Investigation Agency (FIA) of Pakistan has sent an inquiry to Binance as part of a criminal investigation into a scam that allegedly used Binance wallets and integrated applications to def...
Pakistan investigating Binance for involvement in multi-million dollar scam
Binance’s wrangles with regulators have not ended despite the beginning of a new year. Pakistan’s Federal Investigation Agency (FIA) has issued a formal notice to the Binance cryptocurrency exchange r...
Pakistan to investigate crypto exchange Binance in an alleged $100 million scam
Pakistan’s Federal Investigation Agency has reportedly issued a formal notice to Binance after receiving multiple reports concerning a crypto scam that misled the investors into sending funds from the...
Man Behind 29000 Bitcoin Ponzi Scam is Arrested in Brazil
Johann Steynberg, a South African known for running the multi-million dollar Ponzi scam Mirror Trading International (MTI), was recently arrested in Brazil. This would be yet another large-scale arres...
Pakistan to investigate Binance for multi-million dollar crypto scam
Pakistan’s Federal Investigation Agency (FIA) reportedly issued a formal notice to crypto exchange Binance in an effort to identify links around a multi-million crypto scam in the region. The g...
Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance – Bitcoin News
Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam wh...
Penguins Are Huddling on Ethereum Amid Cries of Scam
Key Takeaways A key member of the Pudgy Penguins NFT community has alleged that the founding team emptied the treasury and tried to sell them a stake in the project for 4,000 ETH. The community has pr...
How Coinbase Foiled The Theft Of A Half Million From An Elderly Man’s Bank Accounts
Scammers convinced a North Carolinian to cash in his bank CDs and transfer the money into bitcoin held in a Coinbase account. The banks didn’t block the suspicious transactions, but the crypto exchang...
Man Swiped Unpublished Novels In Online Scam, FBI Alleges
Topline Filippo Bernardini, 29, of London, was arrested at New York’s John F. Kennedy International Airport Wednesday, accused of having impersonated hundreds of agents, editors and other publishing p...
Rug pull alert: Arbix Finance (ARBX) is a scam
TL;DR Breakdown Arbix Finance (ARBX) is a rug pull scam. Security firm CertiK analysed the projects mint activities to spot several red flags. Developers are moving over 14 million ARBX tokens to u...
Crypto scam: Investor loses over 1.5 million dollars to fraudulent app
TL;DR Breakdown • The crypto Investor trusted an App that a girl recommended him.• Steve Belcher confesses that he lost his retirement funds in the crypto scam Less than a week before the year 2022 – ...
Hackers Rename Twitter Account of Indian Medical Assn. to Elon Musk in a Cryptocurrency Scam
The Twitter accounts of the Indian Medical Association (IMA), the Indian Council of World Affairs (ICWA), and Mann Deshi Mahila Bank (a local bank that supports female micro-entrepreneurs) were hacked...
“Elon Musk” Dogecoin Scam Promoted by Hacked Twitter Account of Indian Medical Association
Alex Dovbnya Elon Musk impostors highjacked some major Indian Twitter accounts The official Twitter account of the Indian Medical Association (IMA) was compromised by Elon Musk impersonators on Sunday...
DeFi faces another scam in the face of airdrops
DeFi industry has attracted several over the past year with its tremendous potential. Many considered that the sector could disrupt our mainstream banks. However, rug pulls, scams, and hack like event...