FTX has announced that it will compensate users whose accounts were breached by hackers $6 million. The hackers took over some of the accounts on the platform, carrying out illegal trades some days ag...
Tag: Scam
Crypto Royale: free-to-play or yet another scam?
Crypto Royale is a browser-based battle royale in which players compete for fame, glory, and even a decent profit. The project received a Harmony Grant in 2021 and is growing rapidly. Indeed, it curre...
Hackers Compromise the Twitter Account of GateIO to Promote a Phishing Scam
Hackers are once again taking advantage of social networks to do their thing. This time, they compromised the official Twitter account of a popular crypto exchange ecosystem to promote a phishing scam...
Gate.io Twitter Account Hacked to Promote Phishing Scam
Gate.io Twitter account was hacked and used to promote phishing scams. According to available information, the hackers changed the exchange’s official URL from Gate.io to gate.com. Phishing Scams cont...
UEFA football crypto fund: the millionaire scam
A web search for UEFA Football Crypto Fund turns up a cryptocurrency-based algorithmic sports trading platform described as a football speculative investment fund jointly initiated by the UAE consorti...
Terra Classic Community Pushes To Eliminate Scam Proposals
– Advertisement – Terra Classic (LUNC) community votes to increase requirements to make proposals. In a tweet on Wednesday, Terra Luna Classic (LUNC) influencer Classy Crypto disclosed tha...
World Cup Inu Token Faces Scam Accusations Weeks After Launch
Crypto influencer FatMan has alleged that the World Cup Inu deployer is charging a 4% swap tax on decentralized trades, raising concerns about a possible scam. In a statement in September, World Cup I...
What is a ‘Pig Butchering’ scam?
An old crypto scam has a new moniker, and it’s costing investors millions. ‘Pig butchering’ has plagued the crypto economy. This recent crypto scam has emphasized the necessity of fraud awareness. In ...
Terra was a “Massive Market Failure,” but not a Scam: Do Kwon
Do Kwon talks about the charges against him in a recent episode of the Unchained Podcast, on October 18, 2022 with Laura Shin. He shared his message to Terra victims, and answered the allegations abou...
Beware of the Bitcoin 360 AI scam
Bitcoin 360 AI is presented as an automatic trading software Bitcoin 360 AI: yet another scam in the crypto world On the surface, the website may look legitimate, but in reality, it does not take long...
Scam Alert: Australian Govt. Warns Crypto Investors
Scam Alert: Australian Govt. Warns Crypto InvestorsASIC Warned Investors About This Dubious WebsiteOctober 18, 2022Australian Securities and Investments Commission (ASIC) has warned investors about a ...
Bitcode Method: yet another scam
There is yet another scam that uses the name of Bitcoin to try to steal money from the naïve: Bitcode Method. It’s called Bitcode, and it even explicitly promises to make people rich with AI (Artifici...
Web3 Builders Announces $7 Million Seed Funding and the Launch of TrustCheck – A Free Scam Prevention Tool for Anyone Transacting with Crypto Tokens, Smart Contracts and NFTs
October 18, 2022, New York, NY — Today, Web3 Builders Inc. announced $7 million in seed funding from Road Capital, OpenSea Ventures, and a group of VCs and crypto industry angels. Simultaneously, the ...
Are Crypto Trading Bots a Scam?
Scam is such a strong word in the world today. Why is that the case? It is because scams run rampant in all corners of the globe and in all sectors where finances are involved. Unfortunately, bad acto...
Crypto Scam Victims File Arbitration Demand Against Coinbase
Alex Dovbnya Disgruntled users are taking legal action against Coinbase exchange after being scammed by fraudsters Coinbase customers who have lost a considerable amount of crypto to scammers have fil...
Bitcoin Investor Loses to Giveaway Scam, Here’s Surprising Amount Lost
Crypto data tracker Whale Alert has detected that a Bitcoin investor has fallen prey to a scam after making a payment of 1.03 BTC worth $20,153 to a “confirmed giveaway scam.” 🚔 🚔 🚔 A paym...
Solana network suffers another $100M scam at Mango Markets
A decentralized blockchain Solana has suffered several exploits over two months. While the rest of the market was busy trading digital assets, the Solana network was experiencing a scam through its Ph...
Brett Favre Claims He’s Been ‘Unjustly Smeared’ Over Alleged Welfare Scam
Topline Brett Favre spoke for the first time Tuesday about his alleged involvement in a multi-million dollar Mississippi welfare scam—a scandal for which the Hall of Famer and former Green Bay Packers...
HEX Token Sees over 37,000% growth, but is it a scam?
The 2-year-old cryptocurrency project gives 38% staking rewards. Is the project legitimate or a scam? The HEX token is based on the Ethereum blockchain. Their website says they are the first blockcha...
Scammers Are Targeting Cryptocurrency Scam Sites to Hijack Their Targeted Audience – Security Bitcoin News
Cryptocurrency scam sites are being targeted by other scammers to hijack their traffic and their possible earnings. A recently detected threat actor, named Water Labbu, is manipulating the users that ...
Here’s how you can identify a Scam Crypto Project
Roadmap is an important identifier for crypto projects According to research $1.26 billion worth of cryptocurrencies stolen from DeFi platforms in the first quarter of 2022 This equates to over half (...
Kim Kardashian Fined For Crypto Scam, Crypto Daily TV 06/10/2022
In Todays Headline TV CryptoDaily News: Nasdaq to wait for regulations before debuting crypto exchange. Nasdaq has plans to debut a crypto exchange for customers but will wait for additional regulator...
Crypto ATMs emerging as popular method for crypto scam payments — FBI
The United States Federal Bureau of Investigation’s (FBI) Miami Field Office has warned that crypto ATMs are emerging as a popular method that scammers use to receive funds from defrauded victims. The...
How To Tell if a Crypto Project Is a Scam
Key Takeaways Investors new to crypto are more susceptible to scams. Staying up to date with the latest forms of fraud and manipulation is important to avoid financial loss. Following a set of simple ...
Where’s the beef? Rancher sentenced to 11 years for ripping off Tyson Foods of nearly $250 million in ‘ghost cattle’ scam.
A Washington state rancher has been sentenced to 11 years in prison for a nearly quarter-billion-dollar ripoff of Tyson Foods Inc. TSN, -1.22% in which it sold the meat processor more than 260,000 hea...
Crypto giants criticize Twitter on scam, bot accounts impersonating them
Stakeholders in the crypto community are complaining about the prevalence of scam bots accounts on Twitter, urging the social media site to find a solution to the menace. Ripple’s (XRP) CEO Brad Garli...
Scam warning: Utah representative’s twitter account hacked; it now impersonates Elon Musk, promotes crypto scam
Utah representative’s twitter account compromised The account is promoting crypto scams Twitter scams aren’t slowing down It was discovered that Utah representative Mike Winder’s account has been comp...
US State Delaware freezes compromised crypto accounts to protect victims of Pig Butchering scam
The pig butchering scam is not the usual romance scam. Victims are contacted randomly and lured into high-paying investments. Losses run in billions of USD; crypto one of the conduits of funds transfe...
Indian Law Enforcement Agency Confiscated $1.2 Million In A Scam
India’s financial watchdog, Enforcement Directorate (ED), confiscated $1.2 million in an investigation of a fraud scheme relying on an App-based token, HPZ. Per an official press release published on ...
SEC Charges Crypto Firms for Alleged Scam With ‘Gold-Backed’ Ethereum DIG Token
The U.S. Securities and Exchange Commission hasn’t forgotten about the 2017 ICO craze. The SEC filed charges on Friday against four men behind Bermudan company Arbitrade Ltd., Canadian firm Cryptobont...
US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown – Regulation Bitcoin News
The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering...