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Browsing Category
Scams
Sam Bankman-Fried Expected to Plead Not Guilty on FTX Fraud Charges
Disgraced FTX founder Sam Bankman-Fried is expected to enter a plea ofd "not guilty" next week as he faces eight federal charges in the Southern District of New York related to the downfall of his crypto exchange, according to a report from…
DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.For DeFi, the last week of 2022 saw another slew of exploits,…
More Than $3B in Crypto Was Stolen in Hacks This Year
Over $3 billion dollars were stolen in hacks over the year.
The top ten hacks were responsible for more than 66% of the total funds stolen.
The largest exploit was the Ronin Bridge hack in which $625 million was stolen.…
Crypto News Digest by U.Today
Valeria Blokhina
U.Today’s daily news digest keeps you informed of the most important updates in the crypto industryLet’s remind ourselves of the most important crypto events over the past day with U.Today’s top four news stories.
XRP…
The year in crypto—collapses, failures, and straight-up fraudsters
As I write this Sam Bankman-Fried, once a crypto darling and the man in charge of FTX, has been extradited to the US to face charges over the crypto exchange's collapse (opens in new tab). The byword for corporate scandal in America has…
Logan Paul and Coffeezilla lock horns again over CryptoZoo “scam” allegations
Joe Craven ❘ Published: 2022-12-30T10:52:50 ❘ Updated: 2022-12-30T10:53:00Logan Paul and Coffeezilla have exchanged more barbs after the investigative YouTuber claimed the PRIME founder’s CryptoZoo initiative amounts to nothing more!-->!-->!-->!-->…
Shark Tank Star Kevin O’Leary’s Twitter Account Hacked, Starts Promoting Crypto Scam – Here’s What…
Image Source: CNBCShark Tank star Kevin O’Leary’s Twitter account was hacked on Thursday and started promoting a crypto giveaway scam.The famed investor's Twitter account, which…
Was 2022 the year we reached peak scam?
Theranos founder Elizabeth Holmes. Photo by Justin Sullivan/Getty ImagesThe past few years have proven a golden age of fraud. Part of that is due to Covid. Pandemic times have always led to…
Crypto’s recovery requires more aggressive solutions to fraud
It’s hardly an exaggeration to say that our industry is facing tough times. We’ve been in the midst of a “crypto winter” for some time now, with the prices of mainstays, including Bitcoin (BTC) and Ether (ETH), tumbling. Likewise, monthly…
Logan Paul’s CryptoZoo NFT Game Is Reportedly A Massive Scam
Most sensible people nowadays know that any project that involves NFTs in any way is something you probably shouldn't touch with a ten foot barge-pole. Even forgetting about all the negative impacts on the environment, the practice has…
