The Brazilian operators of a suspected crypto scam reportedly fled the country just before the police launched a probe into the company behind the project. Police think the company raised some $178 million in investments from around 7,500 people. The Brazilian media outlet Livecoins reported that five individuals left the country, with some destined for…
Read more
The US Treasury has revealed that North Korean hackers and scammers exploit loopholes in the decentralized finance (DeFi) space to launder money and hide criminal activity. In a Thursday report, the federal agency claimed that North Korean hackers and other groups engaged in illicit activity have benefited from the non-compliance of some DeFi platforms with certain…
Read more
Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With Russian Roots Busted in Ukraine Officers from the Security Service of Ukraine…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: $437,483,543 Lost to Crypto Hacks & Frauds in Q1, Italian Man Swindled Out of $1.8M, Metaco Partners with VP Bank Read more »Sign up for e-EUR – the…
Read more
Russian cybersecurity firm Kaspersky has warned of a new form of attack on cryptocurrency firms, which it says is carried out with “surgical precision” by hackers using corrupted software. Kaspersky’s research identified several crypto-focused companies as victims of the 3CX software supply-chain attack in the past week, and while it did not name the targeted…
Read more
A resident of Quebec, Canada, has explained how he was duped out of almost $205,000 worth of tokens in an elaborate crypto scam. Speaking to TVA Nouvelles, the man – a 63-year-old father of three named Jean Séguin – explained that he first became engaged with the scammer that left him out of pocket in…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Poloniex Partners with Mercuryo on Crypto Purchases, Hong Kong Hunting Six Scammers, DFINITY Foundation Launches ‘Twin’ Token ckBTC Read more »Sign up for e-EUR – the progressive stablecoin
A hacker has made off with $1.2 million worth of ARB tokens through a relatively new type of cyber-attack that uses modified wallet addresses to steal funds. Blockchain data shows that one crypto address has been stealing funds from Arbitrum users. So far, the attacker has scammed out over 600 different crypto wallets for more than 930,000…
Read more
“Employees” at Brazilian company at center of crypto scam allegations have been filmed apparently on their way to remove evidence – under the cover of night. The Brazilian media outlet Livecoins shared a video showing “at least two people” entering the company, Braiscompany. The offices have been shuttered by the police as part of an…
Read more
A Canadian self-proclaimed “crypto king,” who allegedly defrauded investors out of millions, was kidnapped, tortured, and held for a multi-million-dollar ransom. Aiden Pleterski, a 23-year-old accused of running a crypto investment scheme, was allegedly abducted from downtown Toronto and driven around southern Ontario for about three days by kidnappers demanding at least $3 million in…
Read more
