Scams

Image: Cinemato (Shutterstock)If you weren’t able to keep up with all the scams out there this year, it’s understandable. From tricky ones in which the scammer sends you money to something called “pig butchering,” there were a lot of ways…

NEW YORK, Dec 28 (Reuters) - Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars in customer funds at his failed FTX cryptocurrency exchange.The 30-year-old is…

The year 2022 has been filled with several dramas in the crypto industry. Although there have been bad players in the market from the onset, Solidus Lab’s report on crypto rug pulls shows that 2022 has recorded the highest number of crypto…

Avraham Eisenberg, the crypto trader behind the $110 million decentralized finance (DeFi) platform Mango Markets exploit, has been arrested in Puerto Rico and charged with market manipulation offenses. According to a complaint filed…

Key Takeaways Avraham Eisenberg was arrested in Puerto Rico yesterday. He is accused of commodities fraud and market manipulation. Eisenberg and his team were behind the $100 million Mango Markets exploit.Share this articleAvi Eisenberg…

Image Source: PixabayBlueNoroff, a subgroup of the North Korean state-sponsored hacking group Lazarus, is now impersonating venture capitalists looking to invest in crypto…

Gemini and its founders, the Winklevoss twins, have been sued by investors contending that the exchange sold interest-bearing accounts that it did not register as securities. Specifically, investors pointed fingers at the company and its…

NEW YORK, Dec 27 (Reuters) - U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal about $110 million in October by rigging the Mango Markets cryptocurrency…

Amid an intense crypto winter, the fallen Terra Luna Classic (LUNC) won the medal for the day’s top gainer, with 20% in the green. Even though the aftershocks of the terrifying implosion of Terra (LUNA) and the Terra (UST) stablecoin…

Elon Musk Imposter Hacks UK Cabinet Minister’s Account, Promotes Crypto ScamOn Christmas Day, another parliament member of the United Kingdom was targeted in a Twitter crypto scam. Education Secretary Gillian Keegan found her…