Category: scam

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Police Investigate Ethereum, Bitcoin Mining ‘Pool’ Following ‘Scam’ Allegations

  South Korean police are investigating allegations that a domestic bitcoin (BTC) and ethereum (ETH) crypto mining “pool” is a scam. Per Yonhap and Asia Kyungjae, the Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit stated that it was conducting a probe into a pool named Ethlot.me and was working with colleagues at police stations…
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Yuga Labs Sues Artist Ryder Ripps for ‘Scamming Consumers’ and Misusing Bored Ape Trademarks

The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started “scamming consumers into purchasing RR/BAYC NFTs by misusing Yuga Labs’ trademarks.…
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SIM Swaps, Other Crypto-related Crimes Set to Rise in South Korea, Says SK

  A South Korean telecommunications giant has claimed that SIM swap-type crypto attacks are on the rise in the country – and has predicted a rise in all crypto-related crime cases in the second half of 2022. The claims were made by SK Shieldus, part of the SK Group, which owns SK Telecom – one…
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First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News

  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: First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Crypto-related Criminal Cases Rise by 40% Year-on-Year in Russia

  There has been a spike in crypto-related legal activity in Russia – with case numbers growing fast both in the criminal and civil courts. Per the media outlet Izvestia, researchers from the cybersecurity outfit RTM Group compiled a report showing that 1,531 legal cases related to cryptoassets were launched last year – although these…
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DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News

  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: DEXes Outpace CEXes, Binance Buys CAKE, Losing Crypto Funds, IRA vs. Gemini + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Police Reportedly Looking into Allegations that a Terraform Staffer ‘Embezzled’ Funds

  South Korean police could reportedly take over from the “Yeouido Grim Reaper” financial crimes investigation unit in the probe of Terraform Labs after “embezzlement” charges were leveled at an unnamed employee…. Read More: Police Reportedly Looking into Allegations that a Terraform Staffer ‘Embezzled’ Funds  Read more »Pay, Trade, Buy Bitcoin with Credit Card

MetaMask Aims to Help Crypto Scam & Phishing Victims Take Legal Action Against Fraudsters

  The browser-based crypto wallet provider MetaMask has announced that it will attempt to aid users who fall prey to crypto-related scams and phishing attacks in their quests to recoup lost or stolen assets…. Read More: MetaMask Aims to Help Crypto Scam & Phishing Victims Take Legal Action Against Fraudsters  Read more »Pay, Trade, Buy…
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New Elon Musk Crypto Scam Deepfake Promises 30% Returns On Deposits

  Tesla CEO Elon Musk continues to be the target of online con artists who are using his image to rob traders of their cash – with a new deepfake video depicting the billionaire entrepreneur making the rounds on Twitter. A short video, reposted by user DogeDesigner, shows Musk being interviewed, encouraging viewers in a…
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USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum’s Merge + More News

  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: USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum’s Merge + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card