Scams News

The Better Business Bureau published a blog post that shows how crypto scams are carried out on TikTok and how to deal with them.

The backlisted bitcoin addresses were linked to Nikaeen Ravari and Khatibi Aghada, who worked with the IRGC to develop and deploy ransomware that threatened the national security of the US.

Dutch authorities' investigations revealed that the alleged thief laundered Bitcoin with the use of malicious software from the open-source Electrum wallet.

An FTC report states that Meta's Instagram facilitated 32% of scams reported on social media, while Facebook and WhatsApp were cited 26% and 9% of the time, respectively.

The attacker was able to borrow 4481 WBNB and swapped it for NFD tokens amounting to $1.25 million. A sell-off of the tokens forced the price to crash by 99%.

In the first four months of 2022, crypto scam losses in Australia grew 166% to $140 million, compared to the same period in 2021.

Crypto Influencer FatManTerra shared a fake investment scheme that attracted over $100k from his followers. He has called off the trick and warned the community against falling for crypto investment scams.

Two Britons Hamiton and McDonalds had filed to avoid extradition the US. A UK Judge, however, ruled that Hamilton will proceed for trials in the US, while McDonald will remain in the UK.

Thodex founder Fatih Özer was arrested in Albania on Aug. 31 and is set to be deported back to Turkey.

NetVRk, a web3 metaverse project, is in the midst of a scandal as Ex-CEO Daniel Kennedy took to Twitter to make allegations of embezzlement toward the project founders. NetVRk deny the allegations.

So far, the Dogechain Twitter has not addressed concerns of token dumping just one day after DC airdrop distribution.

Six-day old SudoRare protocol has cost investors $815,000 after developers shut down the project.

The U.S. Department of Treasury sanctioned the crypto mixer Tornado Cash website on August 8, claiming that cybercriminals with affiliations to North Korea have been using it to launder money.

Blockchain security company PeckShield first reported the alleged rug pull, noting the sharp decline in the value of Dragoma's token DMA.

How did two brothers from Texas create $7.5 billion worth of fake TVL on Solana and what is the wider implication for Sybil resistance in a decentralized, open-source ecosystem?

Questions over interoperability arise as Chainalysis say thefts from cross-chain bridge hacks now account for 69% of all hacks.

Beyond plagiarizing resumes, researchers also discovered that some suspected North Koreans doctored qualifications when applying for jobs.

Senator Brown asked the companies to provide details about their app store safeguards to thwart fake crypto apps amid rising scams.