TikTok Battling Influx of Elon Musk Crypto Scams
TikTok is currently grappling with a surge in fake cryptocurrency giveaway scams, with many of them impersonating figures like Elon Musk, Tesla, or SpaceX, according to a recent report by Bleeping Computer. These scams typically involve tricking users into creating accounts on fraudulent cryptocurre ...
South Korean Police Bust $360 Million Cryptocurrency Scams
Police in South Korea announced the elimination of two fraudulent cryptocurrency schemes whose organizers managed to lure investors for about $360 million. Suwon County Prosecutor's Office said the originators of one of the scams positioned themselves as a P2P site for tr ...
Understanding Ragpulls: Fraudulent Schemes in the Crypto Market
This is part of a new IRS-CI program It launches next month The IRS Investigations Division (CI) is introducing a cybercrime pilot program in June. They will send their representatives (cyber-attaches) to four continents. These specialists will fight tax and f ...
Beware of Fake Trezor Wallets: Owner Loses 1.33 BTC in Sophisticated Scam
The owner lost 1.33 BTC because of it The wallet was purchased from a trusted website And the package was not damaged Kaspersky Lab reports the emergence of fake Trezor wallets. On their official website, they described the problem in detail. So, a ...
BTC Capital Management Sues Domains by Proxy Over Alleged Involvement in Bitcoin Fraud Scheme
Asset manager BTC Capital Management sued domain provider Domains by Proxy, accusing the company of brokering a bitcoin fraud scheme. The lawsuit, filed by investment firm BTC Capital Management in the U.S. District Court for the Southern District of Iowa, states that Dom ...