Cybercrime has “skyrocketed” in Portugal – with crypto scams and ransomware attacks becoming more commonplace in the nation. Sapo reported that, per the nation’s Attorney-General, 2,124 cybercrimes were reported in 2022. The number included an unspecified number of crypto scams. The amount of cybercrimes reported in 2019, by contrast, was just 193. That number grew…
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Up to 40 suspected crypto scammers are facing prosecution in China – with 10 already standing trial. Per Jimu News, 10 of the alleged scammers are being tried at the Enshi (Hubei Province) branch of the People’s Court on fraud charges. The public prosecution agency claims that the “gang” of alleged fraudsters was active from…
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Hackers and cybercriminals have been targeting crypto investors with two new malware threats that scout the internet for unwary investors to steal their funds. According to a recent report by anti-malware software Malwarebytes, two new cybersecurity threats, which include recently discovered MortalKombat ransomware and a GO variant of the Laplas Clipper malware, have been deployed…
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A former boyfriend of Ruja Ignatova, the mastermind of the Ponzi scheme Onecoin, has received five years in prison. The sentence is for the laundering of hundreds of millions of dollars’ worth of proceeds from the notorious crypto scam which defrauded investors around the world. Ruja’s Former Boyfriend Sentenced for Money Laundering Linked to Onecoin…
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The 50-year-old mastermind of a “vast” and “international” French crypto scam that duped at least 14 victims out of over $375,000 has been sentenced to four years in prison…. Read More: French Court Jails 50-year-old International Crypto Scammer for Four Years Read more »Sign up for e-EUR – the progressive stablecoin
The CEO of a bogus South Korean crypto bank has been handed a 10-year jail term – after cheating investors out of a total of $181 million. The news outlets Chosun and Newsis reported that the CEO (surnamed Ko) led a firm named QRC Bank. Ko was convicted of fraud and other charges. Two other…
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A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto markets. Defrauded Bulgarian Crypto Investor…
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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: Ethereum to Activate Zhejiang Testnet Next Week, Sberbank to Release a DeFi Platform by May, Titan Comics to Launch a Comic Series Based on Nouns NFTs in April…
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The latest report by the crypto security firm CertiK revealed two individuals behind a several-million-dollar-heavy scam – and there is a twist to the duo’s partnership. The report explained that “a number” of scammers had been using a phishing kit known as ‘Monkey Drainer’ over the last couple of months. This type of scam uses…
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South Korean police are probing a possible $8m crypto scam – after a group of 40 alleged victims complained they were tricked into buying a potentially worthless or non-existent cryptoasset…. Read More: S Korean Police Probe Possible $8m Crypto Scam Targeting Investors Who’d Suffered Losses Read more »Sign up for e-EUR – the progressive stablecoin
