Crypto, Fraud and Social Engineering: Financial Crime Ring Dismantled
TL;DR The Guardia Civil dismantled a network that defrauded over 5,000 people through fake crypto investments and laundered more than €460 million. The group operated...
Tag : Scam
$198 Million Crypto Fraud Shakes Investors Worldwide
TL;DR The SEC accuses Ramil Palafox of running a $198 million Ponzi scheme through his company PGI Global, falsely promising high returns from crypto and...
Crypto Scam: Braiscompany Leaders Sentenced to 171 Years in Prison in Brazil
TL;DR Three Braiscompany executives were sentenced to a total of 171 years in prison for leading a crypto scam that affected over 20,000 people. Joel...
New EOS Attack: Fraudsters Manipulate Addresses
TL;DR EOS users are becoming the target of a sophisticated “address poisoning” attack that has raised new concerns within the crypto ecosystem. In this attack,...
Crypto Alert: Scammers Target Users with Fake Emails
TL;DR The crypto ecosystem is facing a new and growing threat: a surge of fraudulent emails attempting to deceive Coinbase and Gemini users with a...
Meteora Co-Founder Ben Chow Resigns Amid LIBRA Meme Coin Controversy
TL;DR Ben Chow, co-founder of Meteora, resigns amid the LIBRA meme coin controversy, raising questions about integrity and transparency. The LIBRA token’s rapid rise and...
Threat Actor Steals $500,000 via Compromised X Accounts in Meme Coin Scam
TL;DR A threat actor stole approximately $500,000 through meme coin scams promoted via over 15 compromised X accounts, uncovered by blockchain investigator ZachXBT. The attacker...
Fake Phantom Wallet Drains Funds on Apple App Store: Crypto Users Beware!
TL;DR Crypto holders, watch out! A sneaky fake Phantom wallet app is lurking on the Apple App Store, designed to steal your hard-earned crypto. This...
Wormhole Attracted a Horde of Scammers During its Airdrop
TL;DR The recent Wormhole airdrop garnered significant community interest by distributing over $800 million worth of W tokens to eligible users. There was a proliferation...
LockBit Was Taken Down: For Now?
TL;DR Authorities have successfully taken down the LockBit website and seized control of the ransomware operation. The involvement of agencies such as the UK’s National...