Tag Archives: Security & Ransomware

Patricia Ibarra is the most recent victim of a crypto scam. She feels bad about the situation, but even worse is that she got some of her own friends and family members involved in the scheme, which means she probably has guilt alongside the anger of being duped. Patricia Ibarra Was the Victim of a Crypto Scam The venture that stole money from Ibarra was called Crypto FX LLC. Based in Texas, the company promised anywhere between 15 and 20 percent returns to its...

Four Russian nationals have recently been indicted by a federal grand jury in Oregon after they allegedly ran a crypto pyramid scheme that saw them steal close to $350 million from investors all over the world. Oregon Is Fighting a Crypto Fraud Scheme The four men initially began a crypto company they called Forsage, and trouble started in the summer of last year when a complaint was filed with the Securities and Exchange Commission (SEC) about the firm. The agency...

The Federal Bureau of Investigation (FBI) has released a new report suggesting that more than $13 million was stolen from residents of the state of Oregon during the first ten months of 2022. For individuals like Dennis Corey, who lost hundreds of thousands of dollars to crypto fraud, the situation couldn’t be any worse. Dennis Corey Has Lost a Lot of Money Based in the city of Portland, Corey explained in a recent interview that he parted with $200,000 worth of funds...

Joseph Taschetta has recently been dubbed the 2022 officer of the year in the Pensacola police department after discovering an international cryptocurrency fraud ring. Joseph Taschetta Hailed as Officer of the Year Taschetta garnered the award after someone from India called an elderly woman in the region of Pensacola and convinced her to transfer all her money into a fake bitcoin outlet. The idea was that the woman had an outstanding warrant against her and paying the...

The Securities and Exchange Commission (SEC) has been targeting several digital currency companies and individuals over the past few weeks. In the past, the agency made a case against Do Kwon, the former CEO of Terraform Labs, and now, it looks like that case has gotten even bigger. The SEC Continues Its Case Against Do Kwon Terraform Labs was the company behind the failed LUNA token, an alleged algorithmic stable currency. The situation surrounding Luna got really hairy...

The European nation of Norway has seized close to $6 million in crypto funds from Lazarus, a digital currency hacking group stationed in the Asian country of North Korea. Norway Is Garnering a Few Accolades This is allegedly a new record set by any region. Norway has taken back around $5.8 million in digital funds at press time. The money stems from an early 2022 hack initiated by Lazarus on the crypto gaming platform Axie Infinity. At the time, more than $625 million in...

When it comes to crypto scams, forget about romance, the dark web, or even fraudulent trading platforms. According to a new report, YouTube is the go-to tool for those looking to orchestrate digital currency schemes and steal money from unsuspecting victims. YouTube Is Becoming a Haven for Crypto Fraud The report comes by way of With Secure Inc., a digital security firm that has been monitoring the growing network of crypto fraud schemes via video platforms like YouTube....

Patrick Duffy – a certified public accountant (CPA) – is just one of several people in the Bay Area (San Francisco, CA) that appears to have fallen victim to heavy crypto fraud purportedly being conducted by a firm known as 7 On Your Side. Patrick Duffy Has Lost Some Cash Duffy commented in a recent interview that he’s been involved in digital currency for a little while, though he hasn’t actually invested in any specific assets. Rather, he’s put money into crypto and...

Valentine’s Day this year was wrought with chocolates, roses, and a few dozen romance scams. The Federal Bureau of Investigation (FBI) says several of these scams popped up during or prior to the national holiday, and that the problems surrounding romance scams are getting worse. Romance Scams Were Big This Holiday In 2021 alone, more than 24,000 people were either targeted by or fell victim to romance scams according to the federal agency. The process works as such: a...

A young woman – who remains anonymous at press time – has come out to discuss her circumstances of falling victim to a crypto romance scam. How One Woman Lost a Lot of Money to a Crypto Scam Having finalized her divorce last year, the lady decided to put herself back on the market and try dating apps for the first time. As the mother of a young daughter, she is keeping her identity hidden at this time, but she mentioned she lives near a town called Springfield and she’s...