Scams

four-arrested-in-alleged-$54,000,000-crypto-investment-scheme-involving-artificial-intelligence
Posted by | July 15, 2021
Four Arrested in Alleged $54,000,000 Crypto Investment Scheme Involving Artificial Intelligence

Authorities have reportedly arrested four people in Central Japan over an alleged multi-million dollar cryptocurrency Ponzi scheme. The scheme was known as the Oz project and defrauded investors of about...

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uk-police-seizes-$250,000,000-worth-of-crypto-in-money-laundering-investigation
Posted by | July 14, 2021
UK Police Seizes $250,000,000 Worth of Crypto in Money Laundering Investigation

The United Kingdom’s Metropolitan Police (Met) says it just set a new record for the largest seizure of crypto in the country’s history, breaking the previous record documented just weeks...

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fbi-issues-warning-to-crypto-stakeholders-about-potential-cyber-attacks
Posted by | July 13, 2021
FBI Issues Warning to Crypto Stakeholders About Potential Cyber Attacks

The Federal Bureau of Investigation (FBI) has issued a warning that cybercriminals are increasingly targeting crypto exchanges, third-party payment platforms as well as private owners of digital assets. In a...

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logan-paul-called-out-for-promoting-alleged-crypto-scam-dink-doink
Posted by | July 12, 2021
Logan Paul called out for promoting alleged crypto scam Dink Doink

ScamsMeme token Dink Doink slated as a pump and dump, what's Logan Paul's involvement? Samuel Wan · July 12, 2021 at 11:25 am UTC · 3 min read Popular YouTuber...

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‘bitscam’-and-‘cloudscam’-end-up-scamming-93,000-bitcoin-and-ethereum-users
Posted by | July 8, 2021
‘BitScam’ and ‘CloudScam’ end up scamming 93,000 Bitcoin and Ethereum users

Bitcoin · Ethereum › ScamsA security research firm found illicit crypto apps targeted thousands of people in recent times, with the fake apps pocketing over $350,000 in the process. Shaurya...

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dogecoin-‘rival’-token-floki-rugpulls…twice
Posted by | July 7, 2021
Dogecoin ‘rival’ token Floki rugpulls…twice

Uniswap › DeFiFloki Inu encountered problems as investors realized there were issues with the contract, eventually raising red flags. But that wasn't the end. Ana Grabundzija · July 8, 2021...

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faze-clan-fires-one,-suspends-3-players-embroiled-in-alleged-‘save-the-kids’-crypto-scam
Posted by | July 3, 2021
FaZe Clan fires one, suspends 3 players embroiled in alleged ‘Save the Kids’ crypto scam

U.S. › TokensPromoted by famous "influencers," a token called "Save the Kids" ultimately crashed and burned as a result of an alleged "pump & dump" scheme. Liam Frost · July...

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ethereum-token-‘whalefarm’-drops-99%-in-latest-defi-scam.-team-steals-$2-million
Posted by | July 1, 2021
Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam. Team steals $2 million

Ethereum › DeFiAnother DeFi project turns out to be a costly trap for unsuspecting investors lured by unrealistically high APY. Ana Grabundzija · July 1, 2021 at 8:00 pm UTC...

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illegal-torrenting-identified-as-source-for-new-monero-(xmr)-malware
Posted by | June 29, 2021
Illegal torrenting identified as source for new Monero (XMR) malware

Monero › HacksMalicious crypto-mining malware is booming along side the rising popularity of piracy. Samuel Wan · June 30, 2021 at 2:00 am UTC · 2 min read Avast Antivirus...

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$158,000,000-worth-of-crypto-seized-by-uk-police-in-alleged-money-laundering-scheme
Posted by | June 27, 2021
$158,000,000 Worth of Crypto Seized by UK Police in Alleged Money Laundering Scheme

The United Kingdom’s Metropolitan Police (Met) unveils that it has made the largest cryptocurrency seizure in the country worth hundreds of millions of dollars as part of an ongoing investigation...

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