Scams

jpmorgan-chase-rejects-customer-after-$11,000-stolen-from-bank-account,-victim-says-money-‘almost-safer-in-my-pocket’
Posted by | November 17, 2023
JPMorgan Chase Rejects Customer After $11,000 Stolen From Bank Account, Victim Says Money ‘Almost Safer in My Pocket’

JPMorgan Chase says news that a scammer stole $11,000 from a retired postal worker’s account is heartbreaking – but the bank will not make the customer whole. Indiana resident Robert...

Continue Reading
us-feds-arrest-three-men-for-allegedly-duping-banks-out-of-$10,000,000-and-funneling-cash-to-crypto-exchanges
Posted by | November 17, 2023
US Feds Arrest Three Men for Allegedly Duping Banks out of $10,000,000 and Funneling Cash to Crypto Exchanges

Federal law enforcement authorities have arrested three men accused of scamming millions from US banks and financial institutions and then moving the stolen money into foreign cryptocurrency exchanges. The U.S....

Continue Reading
former-ftx-employee-sues-bankrupt-crypto-exchange-seeking-$275,000-in-unpaid-bonus:-court-docs
Posted by | November 16, 2023
Former FTX Employee Sues Bankrupt Crypto Exchange Seeking $275,000 in Unpaid Bonus: Court Docs

A former FTX employee who was hired to work with the fallen crypto empire’s charity wing is taking legal action to get his unpaid 2022 bonus. In a new court...

Continue Reading
$27,000,000-in-usdt-stolen-by-hackers-from-hot-wallet-connected-to-binance-deployer:-on-chain-data
Posted by | November 14, 2023
$27,000,000 in USDT Stolen by Hackers From Hot Wallet Connected to Binance Deployer: On-Chain Data

Hackers reportedly stole more than $27 million worth of the top stablecoin USDT from a Binance hot wallet over the weekend. The on-chain researcher pseudonymously known as ZachXBT says that...

Continue Reading
binance-ceo-says-executives-from-a-client-were-lured-into-massive-$12,500,000-crypto-robbery-setup
Posted by | November 12, 2023
Binance CEO Says Executives From a Client Were Lured Into Massive $12,500,000 Crypto Robbery Setup

The CEO of the world’s largest crypto exchange says that executives from one of its clients recently fell victim to a multi-million-dollar heist. In a post on social media platform...

Continue Reading
hackers-hit-world’s-largest-bank,-forcing-financial-giant-to-rely-on-usb-stick-to-settle-trades:-report
Posted by | November 11, 2023
Hackers Hit World’s Largest Bank, Forcing Financial Giant to Rely on USB Stick to Settle Trades: Report

Engineers are investigating how hackers managed to crack the New York arm of the Industrial & Commercial Bank of China (ICBC) – a financial institution with $5.74 trillion in total...

Continue Reading
tron-founder-justin-sun-offers-5%-cut-to-hacker-after-poloniex-crypto-exchange-loses-$125,000,000-in-cyber-heist
Posted by | November 10, 2023
Tron Founder Justin Sun Offers 5% Cut to Hacker After Poloniex Crypto Exchange Loses $125,000,000 in Cyber Heist

Tron (TRX) founder Justin Sun is offering a 5% white hat bounty to the hacker who exploited the exchange Poloniex for $125 million in crypto. Sun, who acquired Poloniex in...

Continue Reading
uk-law-enforcement-works-with-kraken-to-recover-nearly-$2,320,000-worth-of-stolen-crypto-for-fraud-victims
Posted by | November 10, 2023
UK Law Enforcement Works With Kraken To Recover Nearly $2,320,000 Worth of Stolen Crypto for Fraud Victims

Police officers in the UK targeting cross-border crimes say that they have worked with US-based digital asset exchange Kraken to return the stolen assets of crypto theft victims. According to...

Continue Reading
uk-cryptocurrency-scams-jump-23%,-young-investors-prime-targets:-lloyds-bank
Posted by | November 10, 2023
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank

According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam. 2419 Total views 10 Total shares One of...

Continue Reading
jpex-scandal:-taiwan-determines-new-suspects-in-alleged-fraud-—-report
Posted by | November 9, 2023
JPEX scandal: Taiwan determines new suspects in alleged fraud — Report

Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud. 477 Total views 24 Total shares The saga of the...

Continue Reading