Consumers who purchased Frosties claimed they had fallen victim to a rug pull. Both 20-year-olds face up to 20 years in jail if found guilty. Investors of an NFT collection were duped out of $1 million by two guys in their twenties who have been detained as they plotted their
At least 12 thousand “retail investors out of more than $124 million” were allegedly defrauded by John Albert Loar Barksdale and his sister JonAtina (Tina) Barksdale, according to the Securities and Exchange Commission (SEC) on March 8. The Department of Justice (DOJ) arrested John and charged him with wire fraud,
Kumbhani is also accused of fraudulently increasing the price of BCC tokens. The trial date for this case is set for May. According to the U.S. Attorney’s Office in San Diego, a grand jury indicted BitConnect’s creator Friday for his part in allegedly cheating investors out of more than $2
32% of the 1,000 participants did not disclose any knowledge of the related hazards. 56 % were aware of phishing emails or texts that could alert them to a shift in money. Crypto and blockchain technology have evolved over the years with more sophisticated measures regarding privacy and security. Despite
Hackers often use OTP bots as the last phase in their attack. The bots have a very high success rate for stealing money from the victims. Using bots acquired on Telegram, cybercriminals deceive people into handing over their crypto accounts to them. One Time Password (OTP) bots are “remarkably easy
Romance scams with crypto are on the rise. FBI warns crypto investors amidst valentines day. All countries are affected by crypto romance scams. Once the month of February arrives every year, so do the hearts! Yes, the much lovable month, the month with the valentines day, ought to merge hearts
Binance CEO warns users regarding a scam through a tweet. The fake SMS scam from Binance is spreading massively. The link pulled out a new web page designed to steal all login credentials. Yet, once more, Binance gets pulled into strings of scams. Though not by itself, but rather through
Theft of cryptocurrencies has increased by 516 percent since 2020. Cryptocurrency investment is on the rise throughout the world. As more people participate in crypto markets. There has been an increase in frauds and thefts of cryptocurrency. Covid-related uncertainty has led to a rise in popularity for virtual currencies like
Jia presented herself to him as having “inside information.” The lady urged Tom to keep investing in the shady software. A guy in the United Kingdom was apparently duped out of over $200,000 of his life savings by a lady he met online. After the hustle, the guy stated that
Social media are the platforms to fire up things within a fraction of a second whether it is positive or negative content. When regarded in the crypto sector Twitter pops up to be the prominent social media platform to post their suggestions and faults. It’s been a practice for users
