Tag Archives: Security & Ransomware

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Crypto scammers have a new way of getting money out of their intended victims. They are now pretending to be members of Best Buy’s infamous Geek Squad team. You know… The alleged computer geniuses that know everything about fixing your laptop or desktop. Is That the Real Geek Squad Contacting You? This was...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A fraud victim in Winnipeg, Canada has lost more than $168,000 to a digital currency scam. The clincher? At the time of writing, much of the money has been gotten back, which is an odd outcome in situations like these. Canada Victim Gets a Lot of Money Returned Everyone knows that most of the time, once crypto...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Michigan has become a state where crypto fraud runs rampant, and the region’s attorney general Dana Nessel is warning citizens about what they can do to ensure they never fall victim to digital currency scammers or fraud. Dana Nessel on How to Avoid Crypto Fraud In a statement, Nessel said older adults are...

Federal agents have arrested Charles Riley Constant, an owner of digital currency ATMs under the Coindawg name. At the time of writing, he has been charged with money laundering, and he’s been accused of stealing COVID pandemic-based loans and converting them to BTC and other forms of crypto to hide them from prying eyes. Charles Constant Is Facing Money Laundering Charges Money laundering has long been a serious problem in the crypto space. As of late, we have received...

An elderly man living in the East Lyme region of Connecticut has allegedly lost more than $60,000 in crypto to scammers at the time of writing. Police are now investigating to understand what happened. East Lyme Resident Loses a Lot of Cash and Crypto Michael Finkelstein – chief of the East Lyme Police Department – says crypto scams have become constant issues in his state, and that his department heads are receiving calls almost on a regular basis from people who...

A group of crypto hackers have drained all the coins and funds from several bitcoin ATMs throughout the world hosted by a company called General Bytes. General Bytes Loses a Lot of Money The hackers took advantage of what’s referred to as a zero-day vulnerability to prevent all transaction losses from being reversed. General Bytes explained in a statement: The night of 17-18 March was the most challenging time for us and some of our clients. The entire team has been...

Federal law enforcement agents have managed to take back as much as $24K from crypto scammers who had allegedly stolen the money from a resident of the Metro East area of Illinois. At the time of writing, no criminal evidence has been made public, and the agents have not made any arrests. Illinois Woman Is 75 Percent Victorious Crypto scams have become rather prominent in recent years, and with time, they just get bigger and bigger. Court records regarding the present...

Nevada Attorney General Aaron Ford has sworn to protect all residents of his state from crypto scams, and he’s putting out notices to everyone to tell them what they can do to avoid becoming victims. Aaron Ford Vows to Protect People of His State In a recent statement, Ford commented: The safety of Nevada consumers is a top priority at my office. As technology becomes an increasingly integral part of our lives, scams involving digital currency are becoming more...

Chip Mixer – a notorious crypto tool designed to hide where digital currencies have been garnered or who they’re being used by – has been shut down by authorities with the Department of Justice (DOJ). At the time of writing, it is believed the tool allowed cyberthieves and assorted criminals to launder as much as $3 billion in illicit digital funds. Chip Mixer Is No More The DOJ also put out a statement claiming to have shuttered two sites associated with Chip Mixer...

More crypto scams have been recorded to the digital currency books, and the ones in question are proof that it doesn’t matter how big or famous you are or where you’re located… You’re just as vulnerable as everyone else. Crypto Scams… They’re Everywhere! The first of the two new crypto scams saw Nottingham Forest midfielder Gustavo Scarpa losing one million pounds to a digital thief. At 29 years old, Scarpa is developing a reputation as one of the greatest soccer players...