Scams

Image: Sky MavisAxie Infinity is the crypto-backed Pokémon clone in which cute little creatures that double as NFTs battle for fun and profit. It’s also a pyramid scheme that relies on cheap labor from countries like the Philippines to fuel…

The Internal Revenue Service headquarters building appeared to be mostly empty April 27, 2020, in the Federal Triangle section of Washington. (Photo by Chip Somodevilla/Getty Images)It’s often said that the only two things in life that are…

Curtis Ting – former FBI agent and current Senior Director at the crypto exchange Kraken – warned investors to be utterly cautious when trading digital assets because the space is full of scammers. In his view, “there’s a…

A new social engineering scam is making the rounds, and this one is particularly insidious: It tricks users into sending money to what they think is their own account to reverse a fraudulent charge.  The FBI's Internet Crime Complaint…

On Wednesday, March 23rd, the Ronin Network, the Ethereum-based blockchain powering popular NFT game Axie Infinity, reported one of the biggest hacks in crypto history, losing $625 million in an exploit. The United States…

Elon Musk has offered to buy the microblogging site Twitter and has been discussing various ways he plans to improve the platform. At a TED conference held in Vancouver on Thursday, Musk informed the audience that if his bid to acquire…

SafeMoon is caught up in further controversy as YouTuber Stephen Findeisen, AKA Coffeezilla makes pump and dump allegations against its former chief marketing officer.Specifically, Findeisen calls out Ben Phillips, a UK-based influencer…

Around the world, fraudsters are turning to social media platforms like Facebook and Instagram to reach billions of potential victims. As losses continue to pile up, regulators are voicing their concerns, with one going as far as suing a…

BUFFALO, N.Y. (WKBW) — A Buffalo woman recently contacted 7 Problem Solvers admitting she fell for a scam that drained her retirement savings. The retired nurse did not want to be identified, but said a computer pop-up led her to sending…

On April 13, retired professional boxer Floyd Mayweather will launch a new non-fungible token (NFT) project, dubbed Mayweverse, that would offer crypto enthusiasts a collection of 5,000 NFTs that can be minted for 0.3 Ethereum (ETH) each.…