Tag: Trading Bots

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FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18

Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a…
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Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy

Based on the recent report from Arkham Intelligence, the launch of the satoshivm (SAVM) token two days ago saw three adept crypto traders, often referred to as ‘snipers,’ each earning a profit of $1 million. Arkham’s findings revealed that the most proficient of these sniping addresses achieved a staggering gain of over a million dollars,…
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Telegram trading bots are hot, but don’t trust them for custody — Security firms

There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms told Cointelegraph. Telegram trading bots, which have been turning the messaging platform into a quasi-crypto marketplace, pose significant security risks for users and require further scrutiny, according to blockchain security firms. While such trading bots have existed…
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MoonCats users are voting to destroy the keys to its final 160 ‘Genesis’ tokens

The MoonCats community are worried its final 160 “Genesis” collectibles will all be accumulated by bots, with more than 70% voting to destroy the tokens’ private keys. MoonCats, the long-dormant tokenized collectibles platform that was re-discovered earlier this month, now has a problem on its hands — trading bots. MoonCats collectibles depict 8-bit cats that…
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