Stay alert with crypto scam news, fraud warnings, phishing cases, rug pulls, and investigations into bad actors across the industry.
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.
So far, the Dogechain Twitter has not addressed concerns of token dumping just one day after DC airdrop distribution.
