Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX
A faked video the FTX founder created by scammers has circulated on Twitter with users poking fun at its poor production quality.
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Cryptoqueen Ruja Ignatova Tipped Off About Onecoin Investigations Before She Vanished, Report
Ruja Ignatova, founder of the notorious crypto pyramid Onecoin, was reportedly alerted about police investigations into the scam before she disappeared. The ‘Cryptoqueen’ has been on the run for several…
US State Issues Order Freezing Crypto at Exchanges in Pig Butchering Scam Crackdown
The Delaware Department of Justice’s Investor Protection Unit has issued a cease and desist order against 23 entities and individuals involved in a popular cryptocurrency scam known as “pig butchering.”…
‘Far too easy’ — Crypto researcher’s fake Ponzi raises $100K in hours
Crypto Twitter user FatManTerra explained the fake investment scheme was used to teach people a lesson about investing blindly in crypto schemes shilled by influencers.
Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress…
US Authorities Warn of ‘Pig Butchering’ Crypto Scam Becoming Alarmingly Popular
U.S. authorities have warned about the rising popularity of a crypto scam known as “pig butchering.” The Federal Bureau of Investigation (FBI) explained: “The fraud is named for the way…
Aurora Labs exec details ‘fascinating and devious’ crypto scam he almost fell for
A sharp-eyed escrow agent and a screenshot saved Aurora Labs' head of product Matt Henderson from losing his tokens to scammers.
British Army’s social media accounts hacked by crypto scammers
Hackers had access to multiple official social media accounts of the British Army for nearly four hours, when they posted crypto phishing links and scams.
Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers
Mixing conspiracy theories, a distrust for traditional institutions and hopium in crypto, two influencers are alleged to have made millions using pump-and-dump schemes.
Social media blamed for $1B in crypto scam losses in 2021
Nearly half of the consumers that reported a cryptocurrency-related scam in 2021 said it started with an ad, post, or message on social media.