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Browsing Category
Scams
Wall Street Investor Compares the Terra Case to a “Pyramid Scam” — DailyCoin
“When I read about the ‘algorithm’ of @terra_money it sounds just like a crypto version of a pyramid scheme,” commented Bill Ackman, the CEO of Pershing Square Capital Management, a Wall Street hedge fund management firm, on Twitter…
Huge Terra Supporter Pantera Capital Cashed Out 80% Prior to LUNA Crash — DailyCoin
Even though the recent crash of Luna shook up the crypto world, not everybody is in the red during this burdensome period. Pantera Capital, a venture capital company that has backed Terra for a long time prior to the crash, managed…
The flip side of the coin: Why crypto is catnip for criminals
Cybercriminals continue to mine for opportunities in the crypto space – here’s what you should know about coin-mining hacks and crypto theft…
California Resident Pleads Guilty for His Role in Sim Swap Scam Targeting at Least 40 People,…
NEW ORLEANS – U.S. Attorney Duane A. Evans announced that RICHARD YUAN LI, age 21, a resident of Hercules, California, pleaded guilty on May 17, 2022 before United States District Judge Greg G. Guidry to conspiracy to commit wire fraud, in…
Today in TechREG: Gensler Asks for More Funds
Today in TechREG, the chair of the U.S. Securities and Exchange Commission (SEC) urged Congress to increase the agency’s budget to hire more staff to implement its enforcement and rulemaking plans on crypto and artificial intelligence (AI).…
Egress Mid-Year Threat Report Details Scams Affecting Cryptocurrency-based Ukraine Donations, Job…
LONDON, UK – 18th May 2022 – Egress, the leading provider of intelligent email security, today issued its mid-year 2022 threat report offering details of emerging vulnerabilities along with insights, from the Egress threat intelligence!-->…
‘Lisa Brown’ Profile Pushes Crypto Scam with Stolen Photos
A Facebook profile with the username @Lisa.Brown.8888 offers legit guidance for bitcoin and other cryptocurrency investments.Fact CheckSince at least March 2022, a Facebook profile named Lisa…
The Great Crypto Grift May Be Unwinding
Last week, federal prosecutors arrested a fifty-year-old Long Island man and accused him of defrauding hundreds of investors by offering them gains of five per cent per week—yes, per week—from a fictional crypto-trading platform. “Eddy…
U.S. Issues Warning Over Risk of Hiring North Korean IT Workers Finding Jobs Online
North Korea, which is infamous for carrying out crypto hacks and unethical missile tests, has apparently found a new way of siphoning funds.
North Korean IT Workers Are Getting Tech Jobs Online
The…
Deepfakes, Crypto Scams on the Rise in India 2022
Financial security and personal information are both in jeopardy in the ever-changing virtual world. Cybercriminals are continuously discovering new methods of hacking or stealing information and money from the virtual world. Deepfakes and…
