A British pensioner living in Nottinghamshire parted with $207,000 after becoming a victim of a bitcoin romance scam. The police managed to restore some of the stolen funds and warned people to be ext...
Tag: Scam
Here’s How SEC Unfolded The Terra Scam!
Terraform Labs, the company behind the Terra blockchain, and its co-founder, Do Kwon, are being sued by the Securities and Exchange Commission (SEC) for allegedly defrauding investors. The complaint a...
California regulator launches complaint-based crypto scam tracker
The California Department of Financial Protection and Innovation has launched a new crypto scam tracker to help traders and investors spot possible industry threats. zDFPI launched the tracker on Feb....
California Regulator Launches Crypto Scam Tracker
California regulators have launched a tool to help people hesitant to invest in crypto projects over fears of falling victim to scams. The California Department of Financial Protection and Innovation ...
Security Platform Identifies USDT Scam Syndicate on YouTube
WhiteSecure has identified a USDT scam trend on YouTube. The identified apps request investments from unsuspecting users, promising returns. Identified apps include YouTube channels with significant n...
Bitcoin, get over here! Scam used Mortal Kombat to steal crypto
Ransomware scammers in the US have incorporated the classic gore-filled videogame Mortal Kombat into their latest attempts to relieve unlucky victims of their bitcoin. As reported by PCMag, the attack...
Solana’s Phantom Wallet Launches New Tool to Prevent Scam: Details
Godfrey Benjamin Phantom Wallet launched three new standards for Web3 authentication Phantom Wallet, one of the most prominent noncustodial service providers on the Solana network, has announced the i...
Crypto CEO pleads guilty to $250 million scam, SDNY says
Eddy Alexandre, the CEO of a purported cryptocurrency and currency trading platform called EminiFX, pleaded guilty to one count of commodities fraud and agreed to forfeit $248.8 million in addition to...
Bad Actors Hack French Official’s Account to Promote XRP Twitter Scam
Twitter again in talks, due to hackers comprising accounts of high-profile individuals. In 2020, a huge number of Tweets were posted from accounts like Barack Obama, Joe Biden and more. Elon Musk’s ne...
Hong Kong investment manager loses $1.5M inheritance in crypto scam
A 63-year-old Hong Kong investment manager has lost $1.5 million in family inheritance after being lured by a supposed female crypto investing expert into investing his money into a scam crypto tradin...
Scammers target French politician in latest XRP Twitter scam
Hackers hijacked the Twitter account of an obscure French politician earlier this week, using it to promote a Ripple (XRP) scam. According to reports, the account, belonging to Municipal Councillor Qu...
Dogecoin (DOGE) Offshoot Flagged as Scam by IT Security Company
Alex Dovbnya Check Point Research (CPR) has issued a warning to potential Dingo investors Check Point Research (CPR), an IT security company, has raised concerns about the Dingo (DINGO) token. The Dog...
$4M Crypto Scam in a Hotel Lobby Revealed After Months
Webaverse, a metaverse project, went through this scam in late November 2022. Technical investigation of how $4M USDC was swept is not concluded yet. Crypto hacks and scams of recent times devised dif...
Ripple CTO Describes XRP Buyback Theory as an ‘Awful’ Lot of ‘Scam’
Should the United States consider making XRP the reserve currency of the world and buy its entire holding from the market? Well, this speculative idea floated by Jimmy Vallee, Managing Director of Va...
Ripple CTO Sounds Alarm On Controversial XRP Buyback Proposal, Labels It A “Scam”
The XRP buyback theory is a proposition proposed by Jimmy Vallee of Valhill Capital in 2021, who backed XRP to become the world’s reserve currency. Vallee stated that in the future, the global financi...
Devs of crypto scam Dingo pump fees to 99% via backdoor
Altcoin fans have been warned that a popular new token is a scam designed to charge users a stealthy 99% transaction fee. According to Dingo Token’s four-page white paper, the crypto only charges a 10...
Dingo crypto token flagged as scam over 99% transaction fee backdoor
The research arm of cybersecurity software firm Check Point has flagged the Dingo Token (DINGO) as a “potential scam” after reportedly discovering a smart contract function that has been used to manip...
XRP Buyback Proposal Looks Like a Scam, Says Ripple CTO
The controversial proposal has resurfaced again, dominating discussions within the XRP community. Ripple’s chief technology officer, David Schwartz, has offered his opinion on the controversial XRP bu...
Oxford Student Goes to Prison for Stealing $2.6M Via a Crypto Scam
Wybo Wiersma – a 40-year-old Dutchman who studied at Oxford’s St Cross College – will serve a 54-month prison sentence for stealing £2,156,000 (more than $2.6 million) using a cryptocurrency scheme. U...
Feds Hit The Jackpot In NFT Scam Investigation
Join Our Telegram channel to stay up to date on breaking news coverage The Federal Bureau of Investigation (FBI) has shocked the NFT industry by seizing two non-fungible tokens from a phishing scammer...
New Jersey regulator enforces order against scam websites – Cryptopolitan
A New Jersey regulator has announced that it will enforce a cease and desist order granted by a court against three firms. According to the regulator, the three scam websites were involved in illicit ...
XRP A Complete Scam? Ripple CTO Replies
XRP News: Self-proclaimed Bitcoin inventor Craig Wright and Ripple CTO David Schwartz got into a heated Twitter debate. The cause of the altercation was a tweet by Wright in which he claimed that “XRP...
Logan Paul Sued Over Involvement in Crypto Scam
Alex Dovbnya Internet personality facing lawsuit in Western District of Texas over his involvement in alleged cryptocurrency scam Controversial American internet personality Logan Paul has been named ...
Youtuber Coffezilla Exposes MMA Fighter Dillon Danis’s Scam NFT Promotion
Youtuber Coffeezilla tricked MMA fighter Dillon Danis into promoting a scam The website directs users to a list of images that show past scans promoted by Dillon. Earlier, Coffeezilla revealed that Yo...
ZachXBT’s Scam Investigation Leads To $260k FBI Seizure
On-chain detective ZachXBT’s investigation has led to an FBI seizure. The FBI seized multiple NFTs and luxury items from an online phishing scammer. Popular NFT collections including the Bored Ape Yac...
U.S. Charges 4 Companies For Alleged Crypto Scam
Cryptocurrency scams have become increasingly prevalent in recent years, taking advantage of the growing popularity and lack of understanding of digital currencies. These scams, often coming in the fo...
£2 Million, 100 Victims; Oxford Student Runs Extensive Crypto Scam
An Oxford student Wybo Wiersma is arrested for £2 million cryptocurrency scam. Wiersma is sentenced to four and half years of jail for stealing from 100 victims worldwide. A phony website was created ...