Tag Archives: crypto scams

Cybercriminals utilize fake meeting apps to target Web3 professionals. Real virus grabs crypto and sensitive data from compromised machines. The cybersecurity guys are sounding the urgency alarm over a new scam targeting Web3 professionals, which uses fake video conferencing applications to spread an extremely potent data thief known as Realst. Like many insidious apps masquerading as trustworthy business-meeting platforms, these apps are designed to steal sensitive information, including the...

Fox News reporter Eleanor Terrett has warned of a deceptive news article circulating online. The publication used her name and official Fox News graphics to promote a scam involving a non-existent BlackRock token. The Fraudulent Piece Terrett raised the alarm on X, stating: “There’s a fake article circulating using my name and official Fox graphics to promote a scam BlackRock token sale.” She also cautioned users to remain vigilant against the scam. A screenshot she shared...

Polish police arrested Dmitry V., linked to the WEX exchange, for fraud and money laundering amid U.S. extradition proceedings. Polish police have arrested a Russian man, Dmitry V., who is connected to the defunct WEX crypto exchange. This arrest took place in the Wola district of Warsaw. The operation was carried out by an elite unit called the “Shadow Hunters” from the Central Bureau of Police Investigation (CBŚP). The arrest was made in response to an extradition warrant from the U.S....

Federal prosecutors in the United States have filed charges against five individuals accused of carrying out a complex phishing and hacking operation that targeted employees of companies across the country. According to authorities, the scheme led to the theft of intellectual property, sensitive corporate data, and millions of dollars in cryptocurrency, including $6.3 million stolen from a single victim. Details of the Alleged Scheme The alleged operation, which spanned...

One of the most popular individuals in the crypto world (and not for good reasons), Ruja Ignatova, also known as the “Cryptoqueen,” is the founder of the fraudulent scheme OneCoin, which embezzled over $4 billion from victims. Ignatova is considered the mastermind of the scam, but her whereabouts have remained unknown since she was last spotted in Greece in 2017. Many conspiracy theories indicate that she might be dead or hiding on a luxurious yacht in the Mediterranean Sea....

Nick Neuman, the CEO of Bitcoin storage solutions provider Casa, recently shared an encounter with a phishing scammer impersonating Coinbase support to steal from high-value cryptocurrency holders. In a November 20 post on X, Neuman described how he played along during a call to uncover the depth of the scheme. Preying on Wealthy Crypto Holders The recorded conversation started as a seemingly ordinary phone call with the con artist posing as a Coinbase support agent. He...

Grant Colthup, the former CEO of ACCE Australia, is facing a single fraud charge following an investigation by the Australian Securities and Investments Commission (ASIC). Colthup, who appeared in the Magistrates Court at Ipswich, Queensland, was charged with embezzling $1.47 million (2.2 million Australian dollars) from a customer. $1.5M Bitcoin Payment Goes Missing From May 2019 to September 2022, ACCE ran a digital asset exchange platform that provided cryptocurrency...

The cryptocurrency sector comprises various legitimate projects and innovations but is also rife with fraudulent schemes. One such scam reportedly pocketed billions of euros from its unsuspecting clients after using popular football players as backers. Painful Losses Following the Footballers’ Involvement El Diario – a Spanish digital newspaper known for its investigative journalism – recently claimed that a dubious cryptocurrency project, called Omegapro, embezzled a...

The Hong Kong Police Force (HKPF) has dismantled a massive cross-border fraud operation that used deep fake technology to con men into phony cryptocurrency investments. The scam targeted men through fake online romances, with the victims reportedly being conned out of approximately $46 million. 27 Arrested in Raid on Fraud Center Local media reports revealed that the police identified a group operating from a fraud center located in a Hung Hom industrial unit between August...

On October 15, 2024, Juan Tacuri, a senior promoter of the cryptocurrency Ponzi scheme Forcount, was sentenced to 20 years in federal prison and one year of supervised release. The Florida resident was also ordered to forfeit a home bought with scam proceeds, $3.6 million in assets, and pay an equivalent amount in restitution to victims. Details of the Scam Court documents revealed that Forcount operated globally, defrauding thousands of victims with a particular focus on...