Fri, January 3

Scams on the Rise on Twitter as Fraudsters Use Compromised Accounts

The impostor’s Twitter accounts generally push their followers to click on certain links. These applications often use mobile cryptocurrency wallets to trick users. According to emerging information obtained by Bloomberg News, online criminals are promoting questionable cryptocurrency platforms via Twitter Inc. accounts that have been compromised. According to Tenable Inc.

May 28, 2022 1 min read

Hollywood Actor Seth Green Loses Valuable NFTs in a Phishing Scam

Seth Green, is best known for his roles in The Italian Job, and Robot Chicken. He was trying to buy a Gutter Clone, a spin-off of the popular Gutter Cats collection. Seth Green is the latest celebrity to become engaged in the NFT area, but he recently had to deal

May 18, 2022 1 min read

Mining Capital Coin CEO Accused of $62M Cryptocurrency Scam

Crypto mining and trading were not the focus of Mining Capital Coin’s investments. Last week, a South Korean crypto exchange chief executive was detained. The U.S. Department of Justice has accused Luiz Capuci Jr., Mining Capital Coin CEO, of organizing a huge cryptocurrency fraud operation. Charged with many felonies, including

May 7, 2022 1 min read

SafeMoon Ex-CMO, YouTuber, Ben Phillips Charged for $12M Scam!

Ex-CMO of SafeMoon pumps and dumps the altcoin repeatedly. Generates a scam of $12M easily. BscScan URLs put out his transactions. When it comes to the crypto industry, one of the worst negative impacts of all times, is the artificial pumping up of the cryptos. Usually, most new crypto projects

April 16, 2022 2 mins read

Authorities Detain 20-Year-Old Boys in Alleged $1 Million NFT Defraud

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

March 25, 2022 1 min read

US Siblings Charged With $124M Crypto Fraud

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,

March 9, 2022 1 min read

New Study Reveals Cryptocurrency Risks Are Recognized by 68% of Americans

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

February 17, 2022 1 min read

Scammers Using OTP Bots to Trick Investors and Wipe Out Crypto Account

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

February 17, 2022 1 min read

Romance Scams on Rise With Valentine’s Day Fast Approaching!

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

February 13, 2022 2 mins read
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