Scams

Amid a rash of crypto scams that have pilfered millions of dollars’ worth of Ethereum NFTs from unsuspecting users’ wallets, the unknown pseudonymous entity referred to as “Monkey Drainer” has claimed a fresh cache of valuable CryptoPunks…

Blockchain analysis firm Chainalysis says scam artists stole $1.2 million worth of Ethereum (ETH) during the project’s merge to proof-of-stake. The firm notes in a new blog post that merge-related scams took in the haul shortly…

LONDON, Nov 4 (Reuters) - Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as part of measures to protect customers from scams, the bank said in an emailed statement on Friday.At an…

HEADLINE SUMMARY The victim of alleged cryptocurrency fraud was granted permission by the court to serve proceedings on a number of unidentified defendants, by "airdropping" non-fungible tokens (NFTs) into the defendant's blockchain wallet…

Key developments of interest over the last month include: the UK Payment Systems Regulator’s proposals on mandatory reimbursement for APP fraud; the Central Bank of Ireland’s announcement of a review of the Consumer Protection Code 2012;…

Japanese sportswear manufacturer ASICS announced today the launch of the ASICS X SOLANA UI Collection. The new line of kicks features custom-made, limited-run GT-2000 11 running shoes that also give owners a chance to win a limited edition…

Nov. 3—Victims of so-called romance scams online sent an estimated $547 million to perpetrators last year, according to a Federal Trade Commission report.More than one-third of the people who lost money through those scams said the contact…

Noting that it can be risky to invest in cryptocurrency, British bank Santander UK has announced that it will begin limiting the amounts its customers can send to cryptocurrency exchanges.  The restrictions will begin Nov. 15 and will…

(MUSIC SEGUE) Bob: This week on The Perfect Scam.  Niki Hutchinson: He was the one that eventually brought it to me saying like, "Have you thought about investing?" And I'm like, "I don't even know where to begin, with cryptocurrency,…

IT’S STILL NOT REAL MONEY. ILLUSTRATION: Alyssa Umbal / The Peak By: Tracey Ho, SFU student I’ve been hacked on Instagram. After nine years of using the account to showcase art, post photos of some exhibition or…