Most forbidden is most desirable; people notice numerous signals of a false project and still fall for it as it seems lucrative, which should be avoided. Undoubtedly cryptocurrencies and digital asset...
Tag: Scams
You must beware of these common crypto-currency scams
Although one of the major appeals for some investors about crypto-currency markets is their unregulated nature – they largely operate outside the control of central banks and other government agencies...
4 clever crypto scams to beware — Dubai OTC trader Amin Rad – Cointelegraph Magazine
Aminhossein “Amin” Rad runs an over-the-counter trading desk in Dubai, United Arab Emirates. Searching for a business after dropping out of university, he started to style himself as a Bitcoin broker ...
The Face of Elon Musk Is Still Being Used for Crypto Scams
Elon Musk has long been involved in the crypto world, both in negative and positive ways. At press time, it looks like the negative waves surrounding his crypto presence are taking a little more prece...
Discord users cry out as NFT scams skyrocket
TL;DR Breakdown NFT scams are making the rounds on Discord using login with QR code option This is coming after a recent massive Discord compromise that affected BAYC Market participants give tips on ...
Crypto users report new wave of Discord NFT scams
Scammers have reportedly found a new way to compromise users’ Discord accounts — including those on servers related to cryptocurrencies and non fungible-tokens (NFTs) — by hijacking QR codes used for ...
Bank of England Governor Bailey Sounds Alarm on Crypto Scams
Andrew Bailey, Governor of the Bank of England, has raised concerns that crypto presents opportunities for scammers and criminals, per Bloomberg. “You only have to ask the question: what do people co...
Walmart saved millions from elder gift card scams
A gift card display stands at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Technology developed by Walmart helped the retail giant identify and freeze near...
Bank of England Head Says Crypto Is “New Front Line” for Criminal Scams
Alex Dovbnya Bank of England Governor Andrew Bailey has sounded alarm over the growing popularity of cryptocurrencies among scam actors Bank of England Governor Andrew Bailey has taken a jab at crypto...
“Crypto Promotes Innovation, But Also Scams”- Bank Of England Governor
Bank of England (BOE) Governor Andrew Bailey on Monday raises concerns over the rising criminal scams involving crypto in the UK, as well as, worldwide. The regulators are trying to prevent any crypto...
Half of Ukrainian Crypto Donation Campaigns “Obvious Scams:” Report
Key Takeaways Around half of the more than 50 crypto-donation campaigns for Ukraine were flagged as “obvious scams.” The scam campaigns only received a small portion of total crypto funds,...
Australian Celebrities Say Facebook Didn’t Do Enough To Stop Crypto Scams. The Government Agrees.
Australian billionaire Andrew Forrest, pictured, says Facebook ignored his complaints about scammers on its platform for years. Getty Images An Australian government agency and a billionaire are suing...
Pervasive Scams In Cryptocurrency Trading And How To Prevent Becoming A Victim
As you become more drawn in with the new computerized money frameworks known as digital currencies, you rapidly understand that there is peril related to these exchanges. The conversation isn’t connec...
The Secret Service Issues Warning About Crypto Scams
The Secret Service – that’s right, the organization tasked with guarding the President of the United States – is warning investors that getting involved in crypto may not be such a good idea given the...
BBB: Crypto Scams Are Now the Second Deadliest In the World
According to a new report issued by the Better Business Bureau (BBB), scams involving crypto are now the second most prominent and risky. The BBB Publishes Crypto Scam Report In the year 2020, crypto ...
Crypto Scams Have ‘Robbed’ Kenyans Of $120 Million Last Year
Crypto scams are victimizing more and more unsuspecting Kenyans. The cabinet secretary of Kenya’s Ministry of Information and Technology, Joe Mucheru, announced during a conference addressing the thre...
Kenyans Lost $120 Million to Cryptocurrency Scams in the Past Financial Year — Government Official – Coinotizia
Kenyans are believed to have lost as much as $120 million to cryptocurrency scammers in the last financial year, a government official has said. The official, however, suggested the number of Kenyans ...
Kenyans Lost $120 Million to Cryptocurrency Scams in the Past Financial Year — Government Official – Emerging Markets Bitcoin News
Kenyans are believed to have lost as much as $120 million to cryptocurrency scammers in the last financial year, a government official has said. The official, however, suggested the number of Kenyans ...
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest – Regulation Bitcoin News
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that “Payment made via cryptocurrency that resulted in a monetary l...
Scams About Cryptocurrency | Cryptopolitan
The market of digital currencies is already facing very high volatility and is risky to participate in. However, experiencing any kind of fraud related to Cryptocurrency can be quite stressful and may...
Crypto Scams Second Biggest Type of Fraud, Report Reveals
Cryptocurrency scams have the dubious honor of now being the second most popular way of defrauding consumers, a report says. The Better Business Bureau (BBB) Scam Tracker showed that cryptocurrency sc...
Types of Forex Scams and How to Spot Them
There are many scams related to forex targeting the public & retail traders. These scams continue to surge. These days, forex adverts on social media are synonymous with pictures of luxury cars or...
YouTube Detective Exposes Jake Paul’s Alleged Secret Wallet For Crypto Scams
Is what Jake Paul is doing illegal? That’s for the court to decide. It’s morally reprehensible, though. And Coffeezilla, YouTube’s biggest pop detective, is on the case. In his latest video, he uncove...
Canada Shuts Down Numerous Crypto Scams
Alex Dovbnya The Canadian police have shut down numerous bogus cryptocurrency frauds The Royal Canadian Mounted Police has clamped down on cryptocurrency scams, according to a report by The Vancouver ...
UK Financial Watchdog Opened 300 Crypto Cases in 6 Months, Many ‘May Be Scams’
The UK’s Financial Conduct Authority (FCA) has announced that over the last six months, it opened over 300 cases relating to crypto asset businesses. These cases relate to businesses possibly not bei...
‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals – Bitcoin News
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country i...
Crypto Influencers Promoting NFT Scams Could Face Class-Action Lawsuit After Bitconnect Case
Arman Shirinyan You could become part of a class-action lawsuit if you are a victim of an NFT or crypto influencer Cryptocurrency and blockchain sleuth zachxbt, who previously found out the real ident...
Crypto Scams on Dating Apps on the Rise (Report)
The COVID-19 pandemic disrupted almost every single aspect of life. Since the physical contact between humans had to be reduced to a minimum, love dates and romantic activities became increasingly pop...
Tinder Swindler Simon Leviev Says He Earned His Money Through Crypto Investments, Not Scams
31-year-old Israel resident Simon Leviev – known allegedly for his notorious fraud schemes as the “Tinder Swindler” – says he has made a lot of his money through crypto investing and legitimate busine...
Know about CER recommended the most secure way to reduce crypto scams
CER ranks exchanges based on their cybersecurity score (CSS), which is based on over 18 indicators. Criminal actors have lost an estimated $3.1 billion since 2016 by hacking exchanges, DeFi protocols,...