In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces. However, in an interview with Cointelegraph, an anonymous cyber vigilante shares insights into how he went about tracking down a group of … [Read more...] about Cyber vigilante hunts down DeFi scammers running away with $25M rug pull
Scammers
Crypto scammers make $9 million on fake YouTube streams
Crypto scammers have stepped up their acts in devising new means of defrauding their victims as new research has revealed that they now doctor YouTube videos of influential people in the crypto industry to promote fake crypto giveaways.Crypto scammers got $9 million through doctoring YouTube videosAccording to the research conducted by Tenable, crypto scammers were able to … [Read more...] about Crypto scammers make $9 million on fake YouTube streams
Scammers turn their attention to NFTs as the crypto subsector sees multimillion dollar mania
NFTs have had quite the roller coaster year. Spurred by the sale of Beeple’s The First 5000 days for a record $70 million, tokenized digital art was thrust into the mainstream earlier this year.A dramatic dip in sales followed, leading many to believe it was game over for NFTs. However, the past month or so has seen a resurgence in trading volume and Google searches.With that, … [Read more...] about Scammers turn their attention to NFTs as the crypto subsector sees multimillion dollar mania
FBI plans to put warning signs on Bitcoin ATMs to hinder scammers
The Cuyahoga County (U.S. state of Ohio) Scam Squad and the Federal Bureau of Investigations (FBI) have issued a public warning as scammers began to actively use Bitcoin (BTC) ATMs to defraud people, TV channel News 5 Cleveland reported on Tuesday.“Now scammers are asking you to pay in Bitcoin,” said Sheryl Harris, director of the Cuyahoga County Department of Consumer … [Read more...] about FBI plans to put warning signs on Bitcoin ATMs to hinder scammers