The Singapore Police Force has warned investors to be weary of fake websites claiming they can help them recover funds from the now-bankrupt cryptocurrency exchange FTX. On Nov. 19, the police issued...
Tag: Scams
Singapore police warn of FTX phishing scams
Investors have been reminded by the Singapore Police Force to be wary of websites that falsely claim they can assist them in recovering assets from the cryptocurrency exchange FTX, which has now gone ...
Report reveals the role of the dark web in crypto scams
The report released by Certik, is a reminder of the level of risk crypto platforms face from the dark web. For as little as $8, rogue actors can purchase Know Your Customer (KYC) details, the report r...
Not even Sir David Attenborough is safe from Twitter crypto scams
Promoted tweets on Twitter are using the likeness of famed naturalist Sir David Attenborough to trick users into shady crypto schemes. Scammers are buying up ad space to tease that stars like Attenbor...
California Launches Online Platform to Tackle Crypto Scams
The website offers crypto educational materials and new scam tactics. In a bid to tackle growing cryptocurrency-related scams, the California Attorney General’s Office has announced the launch ...
Orbeon Protocol aims to protect users from scams and rug-pulls
Recent years have seen a proliferation of scams in the crypto industry, with investors losing billions of dollars to fraudulent projects. The industry’s decentralized nature has exacerbated the proble...
Romance scams and ‘pig butchering’ play key role in growing crypto complaints
The lovelorn among us are prime candidates for crypto scammers, a new bulletin from the U.S. Consumer Financial Protection Bureau (CFPB) shows. CFPB data show that fraud and scams were the focus...
ASIC Suggest Ways to Avoid Crypto Scams
ASIC suggested 10 ways to identify crypto scams. Since the last few months, crypto scams have rapidly increased, and reliable data states that approximately 100+ hacks occurred in the cryp...
Santander U.K is Ready to Block Crypto Exchange Deposit To Protect Users From Scams
Santander, a leading financial giant in the U.K, is blocking crypto deposits. Santander entered the finance sector of the United Kingdom in 1988 with its fifteen years of collaboration with Royal Ban...
Thousands enslaved in Cambodia to run fake ICOs and scams
The Cambodian government has come under fire for turning a blind eye to Chinese crime rings that human trafficked ‘up to 100,000’ migrant workers and forced them to run online scams, including fraudul...
97% Of Crypto Projects On Uniswap Were Scams, Study Reveals
Rug pull is a new type of scam which is now a part of a long history of investment schemes that make investors lose a lot, if not all, of their money. Derived from the popular expression “pulling the ...
Watch Out For These 5 Scams in 2022-23
Crypto Scams: Crypto enthusiasts are being targeted by fraudsters. Despite the fact that cryptocurrency is decentralised, which guarantees privacy and high levels of security, the asset class isn’t fr...
Vitalik believes crypto still needs to mature; Research deems over 95% of tokens on Uniswap scams
The biggest news in the cryptoverse for Oct. 31 includes Vitalik saying that crypto needs to mature before mainstream adoption, Hoskinson predicting that crypto adoption will surge as national currenc...
Over 95% of tokens launched on Uniswap are scams
About 97% of the crypto projects launched on Uniswap are rug pulls, according to a recent study titled “Do Not Rug On Me: Zero-Dimensional Scam Detection .” The study undertaken by Bruno Mazorra, Vic...
Sudbury Is a New Haven for Crypto Scams
The growth of crypto scams is occurring at an unprecedented rate. This can be attested to by a woman in the region of Sudbury, for example, who recently entered a scam that could have gone quite far. ...
Leading Research Firm Says Most Crypto Scams Are on Binance Chain
– Advertisement – Leading Research Firm Says Most Crypto Scams Are on Binance Chain. The company disclosed that the vast majority of these scams are not reported. Solidus Labs, a cryptocur...
Solidus Labs Unveils First-of-its-kind Web3 AML Solution, Flagging Close to 200,000 Rug Pulls and Smart Contract Scams That Make Up 8% of All Ethereum Tokens
In a major step towards de-risking DeFi, data released by Solidus reveals that a new token pre-programmed to scam users is created every 4 minutes on average, and the illicit funds from these scams of...
Most Crypto Scams on BNB Chain, Solidus Labs Says
“While some of the big rug pulls and scams make the news, like the famous Squid Games Token that’s estimated to have cost users around $3 million in lost funds, the full picture stemming from our data...
Elon Musk Used By Bitcoin Scammers In Fake Celebrity Endorsements For Their Scams
– Advertisement – Celebrities of all kinds, including major examples like Richard Branson, Jeff Bezos, Martin Lewis, and Didi Taihuttu, are finding their faces plastered on fake social med...
Austrian Police Chief Says Investigations By Indian Agencies Reduced Crypto Scams ⋆ ZyCrypto
Advertisement     Investigations by Indian law enforcement agencies helped reduce cryptocurrency scams in Austria and other European countries. Austria’s Federal Polic...
Edmonton Crypto Scams Have Stolen Nearly $6 Million
Scams, scams, and more scams. It appears that’s all the digital currency space is associated with as of late… That and falling prices. The idea of scams lessening anytime soon isn’t taking hold, espec...
Tech Support Scams Via Remote Desktop Software Notified As A Red Alert By FBI
-How Scammers fraud the victims. -What the FBI warns about. -Some suggestions to protect yourself from scams. Introduction to the Distorted Reality of Crypto Scam The Boston Division of the Federal B...
The tool to prevent crypto scams
Web3 Builders, together with OpenSea, announces $7 million in seed funding and the launch of TrustCheck, a free scam prevention tool for anyone transacting with crypto, smart contracts and NFTs. Web3...
5 red flags to spot student loan forgiveness application scams
Win-initiative/neleman | Stone | Getty Images The Biden administration officially launched the application for federal student loan forgiveness on Monday — and scammers are already “on the move&...
FBI: crypto ATMs are used in scams
The FBI Miami Field Office warns about cryptocurrency investment schemes, saying that even crypto ATMs are used as payment methods by scammers. FBI and scams through crypto ATMs In a public notice, t...
Web3 ecosystem lost over $428M to hacks, scams in Q3 – Immunefi
The web3 ecosystem lost over $428.7 million to 39 exploits in the third quarter — down 62.9% compared to over $1 billion lost in the same period of 2021. The Nomad Bridge and Wintermute hacks account ...
Crypto Scams in Australia Are Getting Huge
The region of Queensland in Australia has, as of late, been a hub for crypto fraud and related scams, and it looks like residents have lost close to $40 million at the time of writing. This is a huge ...
Fiji Officials Warns Residents of Cryptocurrency Scams
The Fiji Financial Intelligence Unit (FIU) has issued a warning to the members of the public concerning a scam that is being publicized in the country. According to Razim Buksh, the FIU Director, the ...
Crypto.com Targeted in Latest Round of Lazarus Group’s Fake Job Scams
Crypto exchange Crypto.com is the latest target of a fraudulent job advertisement scheme by the North Korean-linked hacker group Lazarus. The malware attack encourages members of the crypto community...