Scams

sam-bankman-fried-agrees-to-cooperate-in-the-investigation-of-celebrities-who-promoted-ftx
Posted by | April 23, 2024
Sam Bankman-Fried Agrees To Cooperate in the Investigation of Celebrities Who Promoted FTX

Imprisoned FTX founder Sam Bankman-Fried has agreed to cooperate against other defendants in FTX civil litigation. The disgraced former crypto executive has faced civil litigation in Southern Florida from a...

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scammers-eye-toncoin-as-telegram-ton-partnership-grabs-headlines
Posted by | April 23, 2024
Scammers eye Toncoin as Telegram-TON partnership grabs headlines

Telegram’s integration of the TON blockchain and its native Toncoin token has become a honeypot for scammers promoting a referral pyramid scheme.

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$21,000-drained-from-bank-of-america-account-as-customer-blasts-industry’s-push-to-protect-trillions-of-dollars
Posted by | April 20, 2024
$21,000 Drained From Bank of America Account As Customer Blasts Industry’s Push To Protect Trillions of Dollars

A Bank of America customer says he lost tens of thousands of dollars after bad actors found a way to hijack his account. California resident Jeff Drobman says the theft...

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defi-platform-hacked-for-at-least-$1,900,000-and-possibly-more-on-ethereum-and-arbitrum-blockchains
Posted by | April 19, 2024
DeFi Platform Hacked for at Least $1,900,000 and Possibly More on Ethereum and Arbitrum Blockchains

A decentralized finance (DeFI) protocol has been hacked to the tune of millions of dollars over the Ethereum (ETH) and Arbitrum (ARB) blockchains. In a new announcement, cybersecurity firm Cyvers...

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irs-official-anticipates-more-crypto-cases-amid-uptick-in-tax-violations,-says-public-private-partnerships-critical
Posted by | April 14, 2024
IRS Official Anticipates More Crypto Cases Amid Uptick in Tax Violations, Says Public-Private Partnerships Critical

A high-ranking member of the Internal Revenue Service (IRS) says that he is anticipating more crypto cases related to tax violations. In a new interview with CNBC, Guy Ficco, the...

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citibank-allows-fraudulent-wire-transfers-to-proceed-after-customers-report-scams,-ask-bank-to-freeze-accounts:-new-york-attorney-general
Posted by | April 13, 2024
Citibank Allows Fraudulent Wire Transfers To Proceed After Customers Report Scams, Ask Bank To Freeze Accounts: New York Attorney General

New York Attorney General Letitia James says one of America’s biggest banks does nothing to stop fraudulent wire transfers even after the bank’s own customers call to report fraud and...

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wells-fargo-says-it-has-suffered-data-breach,-blames-employee-for-exposing-personal-information-on-pair-of-customers
Posted by | April 13, 2024
Wells Fargo Says It Has Suffered Data Breach, Blames Employee for Exposing Personal Information on Pair of Customers

Banking titan Wells Fargo says it suffered a data breach that exposed sensitive information on at least two of its customers. In a letter, the California-based financial giant says personal information...

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us-hacker-handed-three-year-prison-sentence-for-looting-$12,000,000+-in-crypto-from-two-decentralized-exchanges
Posted by | April 13, 2024
US Hacker Handed Three-Year Prison Sentence for Looting $12,000,000+ in Crypto From Two Decentralized Exchanges

A US hacker convicted of plundering more than $12 million worth of crypto assets from two decentralized exchanges (DEXs) was sentenced to three years in prison. In July 2022, Shakeeb...

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half-of-solana-pre-sales-are-scams,-blockaid-says
Posted by | April 10, 2024
Half of Solana Pre-Sales Are Scams, Blockaid Says

Pre-sales on Solana have become increasingly common following the rapid gains of meme coins like book of meme (BOME). Scammers are targeting users with social-engineering techniques on social media platforms....

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phishing-scams-appear-as-ads-on-ethereum-block-explorer-etherscan:-report
Posted by | April 9, 2024
Phishing Scams Appear As Ads on Ethereum Block Explorer Etherscan: Report

Phishing scams are bubbling up on the Ethereum (ETH) block explorer Etherscan, according to the cybersecurity firm Scam Sniffer. The firm says Etherscan aggregates advertisements from crypto and web3 ad...

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