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Crypto Scam Promoter Pleads Guilty, Faces Up to 20 Years in US Prison
8.6.2024
Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme primarily targeted Spanish-speaking communities in the U.S., and Tacuri benefited significantly...
US Authority Seizes 70 Crypto Scam Sites Targeting Russian Community
7.6.2024
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide lost a total of $5 million. 70 Crypto Scam...
Over 35 fake Elon Musks live-streamed during SpaceX launch
7.6.2024
“This is not a fake, this is a real giveaway. I personally guarantee it to you,” one of 35 deepfake versions of Elon Musk promised
NY Attorney charges 3 tied to 'Evolved Apes' NFT scam
7.6.2024
The nearly 10,000-strong NFT collection is still listed on OpenSea, but its floor price is a measly $7.60
U.S. Charges Three in Connection With Evolved Apes NFT Scam
6.6.2024
Evolved apes was a $3 million NFT rug pull that lured investors in with the promise of developing a video game
NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam
6.6.2024
New York Attorney General Letitia James has filed suit against two purported crypto companies and their top promoters, a married couple, for allegedly operating two consecutive pyramid schemes that predominantly targeted Haitian immigrants to the U.S
FBI Warns of Crypto Scams in Fake Work-From-Home Jobs
6.6.2024
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating...
Tether CEO warns of new wave crypto airdrop scam emails, CoinGecko potentially affected
5.6.2024
Cryptocurrency users should exercise extreme caution to crypto-airdrop-related emails received in the past 24 hours, according to Tether’s CEO
Celebrity memecoin promoter Sahil Arora banned by X
4.6.2024
Despite mounting scam allegations and social media bans, Arora continues to promote celebrity memecoins and partnerships
Liquidators of South African BTC Scam Allocate Nearly 40% of Recovered Funds to Legal Fees and Taxes
4.6.2024
Out of the approximately $60 million (ZAR1.1 billion) that was recovered to pay back victims of the collapsed bitcoin investment platform Mirror Trading International (MTI), only $34.3 million remains. Court documents reportedly state that liquidators have used the recovered funds to pay...
Hackers exploit Chrome plugin to steal millions from Binance accounts
3.6.2024
The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victim's Binance account
Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined
31.5.2024
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins
Nigerian Artist Davido’s Meme Coin Plummets Shortly After He Pockets $474,000 From Token Sale
31.5.2024
Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions create problems for many legitimate crypto businesses and startups...
Lawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison
31.5.2024
David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely claimed to hold $11 million in bitcoin to secure...
Former banker sentenced to 41 months for crypto fraud
30.5.2024
Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards
Ex-Bank Robber's New Heist: Scamming Pokémon Card Buyers For Millions
30.5.2024
Pokémon cards and crime are intimately intertwined at this point, as the collectible cards are often wrapped up in robberies and scams due to their high resale value. Some of the stories surrounding Pokémon card sales have reached tragic ends, and the entire subculture of scalping, stealing,...
Iggy Azalea's anti-scam plan: Burn her own coins
30.5.2024
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins, showing her commitment to building trust and integrity within the cryptocurrency community
Iggy Azalea’s MOTHER Memecoin Hit With Insider Activity Claims After Alleged Sahil Arora Scam
29.5.2024
Iggy Azalea’s MOTHER token is already facing claims of insider activity following its debut on Wednesday. The Australian rapper's cryptocurrency launch comes amidst alleged scammer Sahil Arora's IGGY token release, despite Azalea denying involvement in the project.
The post Iggy Azalea’s...
Iggy Azalea’s MOTHER memecoin triumphs over scandal-ridden IGGY
29.5.2024
The Aussie artist launched her own memecoin as she distanced herself from the scandal-tainted project bearing her name
Canada Warns of Rising Pig Butchering and Crypto Investment Scams
29.5.2024
The Canadian Anti-Fraud Centre (CAFC) has warned about a surge in cryptocurrency scams targeting Canadian citizens.
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