crypto scam – Page 5

Singapore Police Warn About ‘Crypto Drainers’ Stealing Cryptocurrencies From Wallets

February 3, 2024

Singapore’s Police Force and Cyber Security Agency (CSA) have issued a joint warning about “crypto drainer” malware, which steals cryptocurrencies from wallets. As digital assets become more popular, “Cybercriminals are increasingly leveraging crypto drainers to target owners of cryptocurrency wallets,” the authorities cautioned. Singapore Police Warn About Crypto Drainers The Singapore Police Force and the…
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Convincing Deepfake Video of Australian Billionaire Promotes Scam Financial Investment

February 2, 2024

Cybersecurity firm Cybertrace has issued a stark warning regarding a highly convincing deepfake video featuring Australian mining magnate and businessman Andrew “Twiggy” Forrest. The deepfake video, which has surfaced on social media platforms, shows Forrest promoting a fake cryptocurrency trading platform that promises high returns. The video, which initially appeared on Facebook, encourages users to…
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New Scam: Fake Patreon Accounts Used to Promote Malicious Crypto Projects

January 29, 2024

Crypto users have raised concerns about a surge in phishing emails with crypto-themed content, originating from the popular content creator platform Patreon. According to reports on social media platforms such as X and Reddit, scammers are signing up users’ email addresses for Patreon accounts and then using those accounts to send malicious emails promoting fake…
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OneCoin Scam Lawyer Faces Decade Behind Bars for $400 Million Laundering

January 26, 2024

Mark Scott, a former partner at U.S. law firm Locke Lord, has been sentenced to 10 years in prison for his involvement in Ruja Ignatova’s OneCoin crypto scam worth nearly $400 million. According to Manhattan federal prosecutors, Scott was found guilty of conspiracy to commit money laundering and conspiracy to commit bank fraud in November…
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Crypto Wallets Drained Off $600K Due To Ignored Phishing Attack

January 25, 2024

On January 23, Wallet Connect and other web3 companies informed their users about a phishing scam using official web3 companies’ email addresses to steal funds from thousands of crypto wallets. A Massive Phishing Campaign Wallet Connect took X to notify its community about an authorized email sent from a Wallet Connect-linked email address. This email…
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Kaspersky Labs Uncovers MacOS Malware Targeting Bitcoin and Exodus Wallets

January 23, 2024

Cybersecurity firm Kaspersky Labs has uncovered a new strain of malware specifically designed to target macOS users and their Bitcoin and Exodus wallets. The company said in a press release on Monday that the malware is distributed through pirated software and replaces legitimate wallet applications with infected versions. New Strain of Trojan Malware Targets Bitcoin…
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Trezor Security Breach Exposes 66K Users: Phishing Risks Heightened

January 22, 2024

Trezor has reported a security breach that has exposed the contact information of nearly 66,000 of its users. The incident came to light on January 20, when Trezor officially announced that unauthorized access had been identified on a third-party support portal on January 17. According to the company, individuals who had interacted with Trezor’s support…
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Denver Pastor Claims $300K Home Renovation Funded by Crypto Scam Was ‘God’s Plan’

January 21, 2024

Denver pastor Eli Regalado, who is currently facing a lawsuit filed by Colorado’s securities commission for allegedly defrauding investors through the sale of the valueless INDXcoin cryptocurrency, has released a video responding to the allegations. In the video, Regalado admits that investors are unable to cash out their funds and explains the challenges they have…
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‘Pig Butchering’ Crypto Scheme Uncovered: Debiex Charged by CFTC for Defrauding Investors

January 21, 2024

The Commodity Futures Trading Commission (CFTC) has charged digital asset platform Debiex for engaging in a deceptive scheme known as “pig butchering,” which resulted in the loss of $2.3 million from investors. On Firday, the CFTC filed a complaint against Debiex and Zhāng Chéng Yáng in the U.S. District Court for the District of Arizona.…
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Crypto Scam Based on TV Show The Boy’s Word Sweeping Russia, Warns Central Bank

January 19, 2024

Source: May Thawtar/Adobe Russia’s Central Bank has warned citizens about a crypto “scam” project based on the hit drama series The Boy’s Word: Blood on the Asphalt. Per the media outlet VN.RU, the project also calls itself “The Boy’s Word.” But the Central Bank says the project is a “pyramid scheme” that has no official…
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Category: crypto scam