Professional scam organizations are targeting cryptocurrency users following the collapse of FTX, initiating millions of automated calls and text messages in an attempt to swindle information and fund...
Tag: Scam
Elon Musk Dogecoin Scam Promoted by Hacked Account of UK MP
Alex Dovbnya Minister’s account was hijacked in order to promote bogus cryptocurrency Gillian Keegan, a British politician serving as Secretary of State for Education, was recently subject to a ...
Defrost V1 hacker reportedly returns funds as ‘Exit Scam’ allegations surface
On Dec. 26, blockchain security firm CertiK issued a warning alleging that Defrost Finance, a decentralized leveraged trading platform on the Avalanche Blockchain, is an “Exit Scam.” The m...
The Koneoyp crypto scam – The Cryptonomist
We received a report regarding the Koneoyp crypto scam. The reporting person, Z. G., fell victim to it, and decided to tell how it unfolded so as to warn other possible victims to stay away from thes...
Law Enforcement in Italy and Albania Clamp Down on Alleged Crypto Scam
A joint task force from Italy and Albania recently busted a suspected crypto investment scam involving millions of dollars. Law enforcement authorities in Albania and Italy have uncovered a 15 millio...
Italy and Albania lost €15 million in Crypto Scam
Editors News Eurojust-organized operation in 13 places within Albania. The authorities seized assets worth over $3 million. The European Union criminal justice agency Eurojust engaged with Albanian a...
New NFT private auction scam threatens OpenSea users
As nonfungible tokens (NFTs) became more popular, bad actors who constantly try to exploit users within the space have become more active. Now, a new hack involving a feature on the NFT marketplace Op...
The two-stage crypto scam: how not to fall for it
Is there anything more obnoxious than a scam in the crypto world where the victim’s weaknesses are exploited? Well, yes: a scam that hinges on another scam, where the leverage is in convincing the vic...
Italy and Albania Bust €15 Million Crypto Investment Scam – Bitcoin News
Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the...
Alleged Terra Rebels Scam May Stop Binance LUNC Burns
– Advertisement – LUNC DAO accuses the Terra Rebels of scamming the Terra Classic community and jeopardizing Binance support. In a tweet today, LUNC DAO, a popular Terra Luna Classic (LUNC...
How Trump’s views on crypto have shifted from ‘scam’ to NFT mania
After the news broke out that the former president of the United States, Donald Trump, would be launching a collection of non-fungible token (NFT) trading cards in his likeness, it is worth reminding ...
EU Criminal Justice Agency Raids Properties, Uncovers €15m Crypto Scam
Eu’s criminal justice agency, EuroJust, has carried out raids across Europe to dismantle a crypto scam that caused €15 million in losses. EU Goes After Crypto Investments Scam EuroJust worked with aut...
All there is to know about the 41% rise in crypto ‘scam tokens’ in 2022
The year 2022 saw the formation of more than 350 crypto scam tokens created per day BNB Chain witnessed the largest number of scam tokens According to a 2022 Rug Pull report published by Solidus Labs...
$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
Karl Sebastian Greenwood, the co-founder of the multi-billion dollar fraudulent cryptocurrency scheme OneCoin has pleaded guilty to multiple charges brought forward by the United States Department of ...
350 new ‘scam tokens’ were created every day this year: Solidus Labs
More than 350 fraudulent cryptocurrency tokens were created per day this year, defrauding millions of investors, according to blockchain risk monitoring firm Solidus Labs. From the start of the year t...
Lauren Duncan Nearly Fell Victim to a Crypto Scam
Romance scams are a growing trend in the digital currency arena, and one woman – Lauren Duncan – is sharing her story hoping that people can be saved from the same scenario that almost plagued her. La...
My mom spent $90K on bitcoin and gifts in a romance scam. Can the tax code help her?
My mom went into debt to buy bitcoin for a scammer because she thought she was in a romantic relationship with him. She also racked up credit-card debt to mail computers and gift cards to the scammer....
OneCoin co-founder Karl Sebastian Greenwood pleads guilty: DOJ
Karl Sebastian Greenwood pled guilty to wire fraud and money laundering connected to the fraudulent OneCoin scheme, the Department of Justice announced. Greenwood co-founded OneCoin along with s...
The scam that exploits Bitcoin and PayPal Invoice
PayPal Invoice is a service from the well-known payment gateway that allows people to create and send pro-forma invoices directly from their account: this time it was used to pull off yet another Bitc...
Atlas Trading founders targeted by SEC for alleged fraud via Twitter and Discord
Known on Twitter as Zack Morris and PJ Matlock, the founders of Atlas Trading and several alleged co-conspirators have been accused of stock manipulation by the U.S. Securities and Exchange Commission...
Ripple CTO Warns Users About New Phishing Scam and Fake XRP Staking
Ripple CTO, David Schwartz, has alerted XRP holders regarding a phishing scam that uses a fake Ripple website and promises XRP staking with high returns. CAUTION: ripple . org . ph is a scam site.This...
Researchers find $500M scam targeting French speakers via fake crypto websites
A crypto scam network stole as much as $500 million through impersonating mainstream banks and crypto companies in order to convince their victims to purchase fake stocks, NFTs and crypto. The scam ri...
Hike of Over 500% in Front-Running Scam Bots on YouTube
Scam Via Videos Pioneer blockchain security company CertiK, reported that the hike in usage of front-running scam bots on YouTube in the form of videos accounted for 500%...
Kim Kardashian, Floyd Mayweather crypto scam lawsuit dismissed
Kim Kardashian attends the CFDA Fashion Awards in Manhattan, New York City, November 7, 2022. Andrew Kelly | Reuters A federal judge on Wednesday dismissed a proposed class action lawsuit by investors...
New Elon Musk Crypto Scam Targeting Twitter Users
Alex Dovbnya Elon Musk followers have become targets of new crypto sham that has been spotted by Bleeping Computer The Twitter followers of controversial tech billionaire Elon Musk have become the tar...
Front Runing Scam Bots on Youtube Marked 6-Fold Increase in 2022: Report
Scams have been rampant this year despite the market slowdown. A new type of sneaky crypto scam with front-running scam bots on YouTube has shot up six-fold in 2022. These types of frauds attract user...
GoPlus security discovers Airdrop-Disguised phishing scam
GoPlus Security firm, via its verified Twitter account, had earlier announced its recent phishing scam discovery. The Web3 security firm further revealed that the phishing scam had made over 4000 tran...