Scam news
No matter what type of financial market you’re invested in, scammers and thugs will always try to devoid you of your money. The cryptocurrency marketplace is no exception to the unfortunate reality. As people around the globe continue to invest in cryptocurrencies,…
A well-known blockchain security company, Peckshield, has disclosed that several online phishing platforms mimicking Stepn (a Web3-based lifestyle application) are actively working nowadays. A fake browser plugin for MetaMask is inserted by the attackers via which they potentially gain access to the…
A person from Nevada has admitted being involved in the money laundering strategy for a false crypto operation having a worth of $722M under BitClub Network. Henderson’s Gordon Brad Beckstead, pled guilty on Friday concerning the scheme of BitClub Network, as reported…
Formerly known as Facebook, Meta Platforms, Inc. has found itself in hotwater because the Australian Competition and Consumer Commission (ACCC) has decided to take the company to Federal Court. The competition regulator has alleged that the company, along with its branch in…
Crypto fundraising has been illegalized on the behalf of Chinese authorities, as stated by the prominent court in the national law’s unique interpretation. In line with the latest legal interpretation on the behalf of the Supreme People’s Court of China, utilizing cryptocurrency…
JPX (Japan Exchange Group) – the owner of Osaka Exchange as well as the Tokyo Stock Exchange – cautioned against the open platforms that mislead the investors in Japan by feignedly trading digital assets beneath the JPX brand. An alert has been…
In the crypto world, there are numerous investment opportunities. A typical crypto investor knows that blockchain technology and crypto technology’s innovative nature can unlock significant investment returns, especially when it comes to sectors destined to gain mainstream acceptance soon. Regardless of size,…
Local media quoted a legal expert who said that Russian university students who are engaging in cryptocurrency mining in their dormitories could find themselves facing penalties and even criminal charges. This warning comes as authorities in Russia are trying to put a…
Hong Kong and China might probably be near per the geographical distance thereof. However, there is a clear difference in methods by which both the authorities regulate crypto. A recent instance provided a great example to elaborate on this. The laundering event…
Cyber Vigilante detects DeFi scammers fleeing with a $25M rug pull. A special interview was taken by a news agency on finding out a group of decentralized finance scammers guilty of the $25M StableMagnet rug pull. In the digital finance world, where…
China, Pakistan, and India are neighboring countries and surprisingly crypto is completely banned in China. Meanwhile, Pakistan and India are on the verge of banning cryptocurrencies in their jurisdictions as well. Both, Pakistan and China, were amongst the leading crypto adopting countries…
A spokesperson of the National Congress of India, Randeep Singh Surjewala, accused the Bhartiya Janta Party of covering up the details of the BTC scam in south Karnataka state. On Saturday, November 13, the Indian National Congress (INC) set up an independent…
Just recently, a new token was launched that managed to catch the attention of almost the entire cryptocurrency industry. The name of the new token was Squid Game (SQUID) that was inspired by the South Korean Netflix Show “Squid Game”. Right after…
A host of crypto scammers are targeting the users of the Daedalus wallet. The Daedalus wallet is a full node custodian service that allows the users to download the complete copy of the Cardano blockchain. The issue was first highlighted by a…
Chainalysis is a blockchain transparency and security project. A recent report published by Chainalysis unveiled a massive cryptocurrency-based scam originating from China. The report published last Tuesday reveals that digital assets valued at $2.2 billion have been transacted during 2019 and 2021….
Former Employee at Cryptopia Exchange, present in New Zealand, has admitted to stealing more than $170,000 worth of different digital crypto assets from the company, now facing two charges. Details about the Stealing The former employee of the exchange admitted that he…
Arthur Hayes, a BitMEX co-founder, and former Chief Executive Officer has surrendered to the authorities to be tried at the U.S. court for failing to act and stop the first crypto exchange he created from being used for money laundering. Hayes, who…
Prime Minister Lee Hsien Loong of Singapore has called the attention of his followers to an account created by an alleged scammer on BitClout, a social token forum, to lure them into buying tokens using the PM’s Twitter profile. On Friday, Loong…
Claim Justice Review The online world is a vast one that offers people a horde of opportunities for trading and making money. These can be extremely exciting because you know there is a potential of making high returns and achieving your goals….
Because of its small size and short history the cryptocurrency market is among the most easily manipulated ones. Recently, there have been multiple instances of market manipulation in the sphere and the latest one happens to be involved with one of the…
