Scams

California Loopholes Help Scammers Exploit Tether’s Name

Two fraudsters used corporate loopholes to falsely claim ties with Tether executives.Chinese pig-butchering scammer Sun Yunfeng and US-based Mohammad Alam teamed up for the...

Solana Memecoin Scam Exposed: Martin Shkreli Admits Fraud

Claims of Barron Trump's involvement in DJT were false.Shkreli possibly violated parole terms through his actions.Significant financial impact observed, including a drop in TRUMP...

Brothers Charged in $25 Million Ethereum Fraud Scheme

Anton and James Peraire-Bueno are charged with wire fraud and money laundering.They allegedly stole $25 million in cryptocurrency through a scheme on the Ethereum...

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...

Latest news

ASX shareholder seeks court approval to sue directors over blockchain failure

A shareholder is seeking court permission to sue former ASX officers and directors over alleged breaches tied to the...

AI pattern breaks Flock, Clearview, Axon cameras at Def Con

Bill Swearingen’s noRecognition project generates patterns that stop camera software from classifying what it covers—people, faces, or cars.The patterns...

Cerebras shares sink 15% as hardware revenue drops 23% in Q2

Cerebras Systems stock fell 15% after-hours despite raising its full-year outlook, as hardware revenue dropped 23% to $54.1 million.Cloud...