Scams
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Federal agencies team up to fight surge in ‘pig butchering’ crypto scams
The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto…
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Hackers compromise McDonald’s Instagram account to conduct $700k rug pull
Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token —…
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Binance blocks $2.4 billion in potential crypto scams in 2024
Binance, the largest crypto exchange by trading volume, announced that it had prevented over $2.4 billion in potential user losses…
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How traders make over $60k per week rugging 98% of memecoins on PumpFun
Rugging, a term for deceptive and fraudulent crypto practices, is rampant in some areas of the crypto industry, with some…
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Australia’s ASIC shuts down 615 crypto scam sites amid $1.3 billion fraud surge
Australia’s Securities and Investment Commission (ASIC) has shut down 615 crypto scam websites over the past year, according to an…
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SEC charges NovaTech founders, promoters with $650 million crypto fraud
The US Securities and Exchange Commission (SEC) has filed charges against NovaTech Ltd., its founders, and several people who promoted…
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Phishing scammer returns $10 million to victim 10 months after $24 million Ethereum heist
A crypto whale who lost $24 million worth of liquid staked Ethereum via a phishing scam last year is receiving…
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OCCRP investigation reveals surge in crypto ATM usage among scammers, criminals
Crypto ATMs, designed to facilitate converting cash to cryptocurrencies, are increasingly being exploited by scammers, according to a recent investigation…
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Phishing attacks threaten booming TON network amid rising TVL
Fast-rising blockchain platform The Open Network (TON) is under increasing threat from phishing attacks, according to Yu Xian, the founder…
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Kraken and KitBoga Partnership: Combating Crypto Scammers
Amid the drama related to the ‘whitehat‘ Certik hack. Kraken is continuing its partnership with popular YouTuber KitBoga to combat…
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