Experts from Xrplorer say that a fake XRP giveaway scam emerged in January 2020 and remains alive. Cryptocurrencies forensics experts from Xrplorer warned on June 15 of an elaborate phishing scam where hackers try to steal the secret keys of XRP users, under the false premise that Ripple is giving away tokens. According to the…
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Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta for sexual assault on minors. Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta under accusation of sexual assault on minors. Local news outlet Jakarta Globe reported on June 16…
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Scammers have conned thousands of YouTube viewers into sending them a total of 15.31 BTC with the old ‘free giveaway’ trick. Crypto scammers have stolen at least $150,000 by impersonating SpaceX YouTube accounts and hosting fake Bitcoin giveaways. According to a June 9 report on Bleeping Computer, several scammers hacked legitimate YouTube accounts and changed…
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Some in the crypto community are using the turmoil in the United States to push a George Floyd token in what appears to be an obvious cash grab that feeds on sentiment. A new project has sprung up to take advantage of the tense situation in the United States and promote a new token. A…
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A Bitcoin exchange transaction resulted in a user getting scammed as a spoofed SMS message from a payment app made it seem that the attacker executed the payment. A Bitcoin (BTC) peer-to-peer exchange made on the HodlHodl platform went awry as a scammer appears to have used a SIM spoofing attack to make the seller…
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Recently there has been a rise in the number of attempts to impersonate Cointelegraph team members and request money from organizations and individuals in return for the promise of positive coverage. Crypto community, be vigilant: Cointelegraph has recently noticed an increase in scammers purporting to be our journalists on Telegram, LinkedIn and other social media.…
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Local police have busted Wotoken, China’s second ten-figure crypto Ponzi. The scam, Wotoken, took in roughly $1 billion worth of crypto at current prices from over 715,000 victims. One of the scam’s core operators is purportedly linked to PlusToken — a multi-billion Ponzi that is believed to have impacted the price trajectory of Bitcoin (BTC)…
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Scammers impersonating a Michael Bloomberg BTC giveaway on YouTube want your Bitcoins. Scammers are streaming Michael Bloomberg speeches on YouTube, claiming that the former presidential candidate is giving away free Bitcoin (BTC). Michael Bloomberg BTC Giveaway On May 14, there were at least two such incidents with an apparent combined audience of almost 60,000. The…
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A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain. The Shanghai branch of the People’s Bank of China (PBoC) published an article detailing the signs of a financial scam, mentioning virtual currency and blockchain as signs of a fraudulent offering. The…
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A security researcher discovered another 22 Google Chrome web browser extensions that tried to steal users’ cryptocurrencies. A security researcher has discovered another 22 Google Chrome web browser extensions built to steal their user’s cryptocurrencies. Cybersecurity news outlet, Naked Security, reported on May 8 that Harry Denley, a security researcher specializing in cryptocurrencies, discovered 22…
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