Scams

SEC Charges Crypto Mining Firm Geosyn Mining with Fraud

The SEC has charged Geosyn Mining and its founders with fraud and unregistered securities offering.Nearly $5.6 million was raised from investors under false pretenses...

The Rise of Deepfake Scams: A Growing Concern

KEY TAKEAWAYA deepfake video of Andrew Forrest endorsing a scam crypto platform has raised alarms.Meta, Facebook and Instagram's parent company, banned deepfakes in 2020,...

Cryptocurrency scams: What you need to know and how to protect yourself

People are obsessed with cryptocurrencies. Digital currencies like Bitcoin, Monero, Ethereum, and Dogecoin are everywhere on the internet. Their skyrocketing value promises big profits...

Kim Kardashian and Floyd Mayweather Sued For Cryptocurrency Fraud

Kim Kardashian and former boxing champion Floyd Mayweather Jr. are accused of collaborating to artificially increase the price of cryptocurrency and a lawsuit has...

Libra Cryptocurrency Scams Already Active Ahead Of 2020 Launch

No sooner had Facebook announced Libra cryptocurrency and the matching digital Calibra wallet that cybercriminals tried to get a head start on a new...

YouTube Bitcoin Scams Pushing the njRAT Backdoor InfoStealer

YouTube scams are promoting software that pretends to allow users to get free Bitcoins, but instead installs the njRAT remote access trojan and password stealer.These...

UK financial watchdog warns investors after £27m lost to crypto scams

Cryptocurrency and foreign exchange (forex) scams tripled in the last financial year, according to new data from the UK financial watchdog, the Financial Conduct...

Series of ‘China Official’ Scams Plague Singapore

“Try not to succumb to tricksters who imitate authorities from China and request that unfortunate casualties exchange cash utilizing bitcoin machines,” said the police...

Latest news

Crypto Market-Maker Deal Disclosures Virtually Absent

Market-making arrangements are disclosed by fewer than 1% of crypto protocols, a rate dramatically lower than that of traditional...

New Ukraine Cyberattack Targets Government, Healthcare Data

Ukraine's CERT-UA exposed a malware campaign targeting government and healthcare bodies, culminating in a cryptocurrency miner being installed on...

Errol Musk Reveals Elon, Kimbal Own $1.6B in Bitcoin

Errol Musk revealed that his sons, Elon and Kimbal, hold approximately $1.6 billion in Bitcoin.Despite his confidence in crypto's...