Scams

cyber-security-firm-warns-of-new-scam-emerging-on-apple’s-app-store,-says-victims-losing-millions
Posted by | October 19, 2021
Cyber Security Firm Warns of New Scam Emerging on Apple’s App Store, Says Victims Losing Millions

Cyber security company Sophos says that iPhone users should be on the lookout for a new type of crypto scam emerging on the Apple App Store. Sophos says the scam...

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department-of-justice-creates-new-‘national-cryptocurrency-enforcement-team’
Posted by | October 7, 2021
Department of Justice Creates New ‘National Cryptocurrency Enforcement Team’

The U.S. Department of Justice (DOJ) is creating a new team to go after criminal activity within the digital asset space. The National Cryptocurrency Enforcement Team (NCET) will operate under...

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coinbase-says-malicious-actors-stole-crypto-from-at-least-6,000-traders-this-year
Posted by | October 2, 2021
Coinbase Says Malicious Actors Stole Crypto From at Least 6,000 Traders This Year

Crypto exchange Coinbase says that bad actors have stolen crypto assets from at least 6,000 traders this year. In a letter posted on the California Attorney General website, Coinbase says hackers...

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biden-administration-preparing-to-combat-crypto-ransomware-payments-–-here’s-how
Posted by | September 17, 2021
Biden Administration Preparing To Combat Crypto Ransomware Payments – Here’s How

The Biden administration plans to counter the use of cryptocurrencies during ransomware attacks by imposing sanctions. The U.S. Department of the Treasury plans to hit unnamed targets with sanctions as...

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crypto-hedge-fund-founder-ordered-to-surrender-$54,793,000-and-sentenced-to-over-seven-years-for-digital-asset-scam
Posted by | September 17, 2021
Crypto Hedge Fund Founder Ordered To Surrender $54,793,000 and Sentenced to Over Seven Years for Digital Asset Scam

Audrey Strauss, the US Attorney for the Southern District of New York, announced that Australian national Stefan He Qin, founder of two New York-based cryptocurrency hedge funds, was sentenced to...

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man-to-forfeit-millions-in-cash,-real-estate-and-jewelry-after-pleading-guilty-to-a-fake-crypto-investment-scheme
Posted by | September 13, 2021
Man To Forfeit Millions in Cash, Real Estate and Jewelry After Pleading Guilty to a Fake Crypto Investment Scheme

An Ohio man is due to forfeit millions in cash, real estate and jewelry after pleading guilty to facilitating a fake crypto investment scheme. According to a U.S. Department of...

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here’s-where-the-most-crypto-scams-are-happening,-according-to-new-chainalysis-report
Posted by | September 1, 2021
Here’s Where the Most Crypto Scams Are Happening, According to New Chainalysis Report

A new report from insights firm Chainalysis is shedding light on where the most crypto scams are happening around the world. The report focuses on crypto-related crimes in Eastern Europe,...

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hacker-returns-all-stolen-assets-from-$643,000,000-crypto-heist
Posted by | August 28, 2021
Hacker Returns All Stolen Assets From $643,000,000 Crypto Heist

After suffering a massive $643 million hack in early August, decentralized finance (DeFi) protocol Poly Network just retrieved all the stolen funds from the crypto hacker. On August 10th, Poly...

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us.-marshals-hire-custodian-to-handle-massive-trove-of-seized-crypto-holdings
Posted by | July 30, 2021
U.S. Marshals Hire Custodian To Handle Massive Trove of Seized Crypto Holdings

The U.S. Marshals Service (USMS) is hiring crypto custody firm Anchorage Digital to handle a trove of seized cryptocurrencies including Bitcoin, Ethereum, Litecoin and Bitcoin Cash. The USMS is a...

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us-government-offers-crypto-bounty-to-combat-state-sponsored-cybercrimes
Posted by | July 20, 2021
US Government Offers Crypto Bounty To Combat State-Sponsored Cybercrimes

The US government says those who offer information that helps fight malicious online activity can now get paid in cryptocurrency. A statement by the US Department of State says that...

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