Tag Archives: Security & Ransomware

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...

Crowd Strike Holdings Inc. – a security research firm – has released a new report detailing what has been labeled the first crypto jacking campaign targeting the Kubernetes infrastructure. Crypto Jacking… Yup! It’s Still Around! Crypto jacking is (at this stage) an old method of illegally mining cryptocurrency. What one does is they place malware onto a specific site or application that a victim comes across. In visiting the website or in opening the app, the malware is...

Many former customers of Silicon Valley Bank have come close to falling victim to crypto scams. The cyberthieves seek to garner the victims’ bank account information, which includes their computer data. From there, they target their systems with malware as a means of mining crypto from their computers or stealing whatever digital assets they’ve put away. Silicon Valley Bank Customers Should Watch Out Silicon Valley Bank was one of three banks to be shut down in the past...

A new type of crypto scam is taking precedent. This time, fraudsters are calling would-be victims and pretending to be policemen and asking for crypto-based payments – usually in bitcoin – or gift cards. A New Crypto Scam Is Taking Place in Michigan Thus far, the scam appears to be largely targeting residents of Jackson County, Michigan, so it’s somewhat centralized and limited at the time of writing, though it’s unclear how fast the scam could spread from here to other...

The Federal Bureau of Investigation (FBI) has announced that a new way of tricking crypto fans and investors is making its way through illicit circles. The FBI Says the Latest Crypto Scam Targets Gamers The agency, in a statement, said many new pay-to-earn crypto platforms are ultimately stealing digital assets from those willing to try and invest or take part in company services. The way they do this is by offering fake rewards in both online and mobile games that users...

Residents of Egypt are angry after being taken advantage of and falling victim to a cryptocurrency scam last August known as Hogg Pool. Hogg Pool Was Probably Never Real A promotional video for the company said it was founded in the year 2019 in the state of Colorado, though regulators believe this is false information. It was touted as a presenter of crypto and blockchain technology investments. Plans through the company allowing customers to invest their cash and...

The state of Connecticut is freaking out over how much crypto fraud has occurred through its growing network of bitcoin and digital currency ATMs. Thus far, millions of dollars have been stolen from multiple residents, many of whom are over the age of 60. Connecticut Is Concerned About Crypto Fraud The crypto space is largely unregulated, meaning whatever money gets stolen from one’s account will likely be gone forever unless law enforcement agents can jump on the matter...

Residents of the island of Jersey off the coast of the United Kingdom have fallen victim to several crypto fraud schemes as of late. Thus far, more than 600,000 pounds have been lost to these scams over the past three months. People in Jersey Are Falling Victim to Crypto Scams Law enforcement agents in Jersey say the scammers are using phony social media accounts and advertisements to play up the crypto space to people on the island. They also use what they’re calling...

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...