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Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
28.6.2024
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment...
There’s A Fantastic Fake Tourism Site For Final Fantasy XIV: Dawntrail’s New World
27.6.2024
Starting on June 28, Warriors of Light (at least those who pre-ordered the game for Early Access) will be able to explore the new world of Tural in Final Fantasy 14’s latest expansion. Dawntrail is set to be a “summer vacation” journey for players, a sort of reward after completing a decades-long...
Crypto losses to deep fakes could reach $25B in 2024 — Bitget
27.6.2024
Criminals are using deep fakes more than ever, causing $79.1 billion in losses since 2022
Scammers hijack major Australian broadcaster’s YouTube to shill crypto scam
27.6.2024
Australian broadcaster 7News’ YouTube channel livestreamed a crypto-touting deep fake Elon Musk, which garnered hundreds of thousands of views
Metallica’s X account apparently hacked to promote crypto token
26.6.2024
The official X account for Metallica appears to have been hacked, with exploiters posting about a Solana token dubbed METAL
FBI Warns of Fake Firms Promising to Recover Lost Cryptocurrencies
25.6.2024
The Federal Bureau of Investigation (FBI) has alerted the public to “an emerging criminal tactic” targeting investors who have already fallen victim to cryptocurrency scams and seek to recover their lost funds. These fraudsters often claim to be authorized by the FBI, Consumer Financial...
Fake ID crypto exchange sign-ups attract 2-year prison sentence
21.6.2024
Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges
Scam alert: Fake Ripple USD tokens emerge ahead of official release
19.6.2024
Scamsters are busy scouring ways to take advantage of Ripple’s stablecoin release by issuing an imitation version of the Ripple USD (RLUSD) token on the XRP Ledger. The yet-to-be-introduced RLUSD token will be shouldering its way forward through the big timers like Tether and Circle, falling...
Fox, Time use blockchain to combat fake news
18.6.2024
Fox’s Verify protocol is set to transition to its own zero-knowledge blockchain, enabling developers to create authentically provable projects and content
TikTok could soon be flooded with AI avatars in ads
18.6.2024
TikTok’s new tools include AI-powered digital avatars that brands can dub over and use to sell their products in multiple languages
Crypto-Sec: $11M Bittensor phish, UwU Lend and Curve fake news, $22M Lykke hack
17.6.2024
UwU Lend exploited twice and the “10% CRV burn” story invented by a scammer, TAO holder phished for $11M, Lykke hack cover-up: Crypto-Sec
Fake Federal employees target crypto investors: CISA warns
15.6.2024
The Cybersecurity and Infrastructure Security Agency (CISA) warns of a surge in impersonation scams targeting crypto investors
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
Beware of fake work-from-home jobs, it’s a ploy to steal your crypto
6.6.2024
The FBI is warning job seekers not to fall for the too-good-to-be-true “work-from-home” job scams
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...
Shibarium dev issues warning on fake TREAT token
4.6.2024
A notable Shibarium team member stressed that while the token cannot be taken down from exchanges, traders should exercise best practices
Man behind AI-generated fake Biden robocalls is indicted
24.5.2024
Steven Kramer allegedly used deep fake tech to generate and send thousands of robocalls to New Hampshire residents imitating President Biden’s voice in January
Traders say Bitcoin price correction a ‘fake out’ before the next leg up
23.5.2024
Bitcoin price reversed course with a surprise 5% correction over the past few days, but analysts say it is a healthy pullback
Hong Kong Police Arrest Three in HK$5.1 Million Virtual Investment Talk Show Ticket Scam
21.5.2024
Hong Kong police have arrested three individuals linked to a fraud syndicate that allegedly defrauded at least 10 residents out of HK$5.1 million (US$653,900) by deceiving the victims into bidding for fake tickets to a virtual investment talk show with the intention of reselling them for...
Leading Trader Criticizes Worldcoin’s ‘Predatory’ Tokenomics, Labels WLD a Fake $60B AI Coin
15.5.2024
The Worldcoin project’s predatory tokenomics will not result in the “greatest transfer of wealth” to the masses but a transfer to the “pockets of the Worldcoin team and insiders,” a top-ranked trader has asserted. The top trader also accused project promoters of using...