Scams Financial News

23.01 / 17:28

Scams phishing email Over $580,000 Drained in Phishing Scams Targeting Web3 Firms – What’s Going On?

About $580,000 has been drained following a calculated phishing campaign targeting at least four web3 firms’ email addresses.

30.11 / 09:34

Government Adoption regulation Scams Australia tries again to combat ‘future sectors’ crypto scams

A consultation paper on a new framework for addressing consumer and business scams proposed by Australia’s Department of the Treasury considers applying sector-specific codes and standards to banking and cryptocurrency scams, among others.

28.11 / 14:53

business Scams Hong Kong authorities say 145 victims, $18.9M lost in Hounax scam

Hong Kong authorities reported on Nov. 27 that 145 users were affected in a scam by the unlicensed cryptocurrency exchange Hounax, resulting in a loss of 148 million Hong Kong dollars ($18.9 million), according to local media Shenzhen Commercial News.

27.11 / 07:23

NFT Scams Forbes Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam

A Bored Ape Yacht Club (BAYC) owner says he has managed to avoid a potentially “dreadful day” after being asked to retrieve a banana for a photo from someone they initially believed was interviewing them for Forbes.

27.11 / 00:54

Blockchain defi Hackers Telegram Scams phishing Inferno Drainer says it’s shutting down after helping steal $70M in crypto

Inferno Drainer, one of the most popular crypto wallet-draining kits for hire says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this year.

24.11 / 08:37

business Adoption Scams phishing email Nansen phishing emails flood crypto investors’ inbox

Numerous users of the crypto analytics platform Nansen have received phishing emails from scammers pitching an “exclusive opportunity” to participate in the fictitious “Nansen Airdrop.”

20.11 / 15:25

Law Stablecoin regulation Tether Scams Tether freezes $225M USDT linked to romance scammers amid DOJ investigation

Stablecoin issuer Tether froze roughly $225 million worth of USDT tokens as part of an investigation into a Southeast Asia human trafficking syndicate launched by the United States Department of Justice (DOJ).

18.11 / 06:03

regulation Scams AML Money laundering Cybersecurity expert backs Sen. Warren's crypto bill in senate hearing

United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert endorsing her legislation on digital assets to prevent future scams.

16.11 / 17:31

regulation Scams Fraud crimes 3AC co-founder Kyle Davies spotted in Bali, sources claim

Three Arrows Capital (3AC) co-founder Kyle Davies has reportedly been seen in Bali as he continues to evade authorities over the collapse of the defunct hedge fund.

14.11 / 10:33

Law Google Scams malware ChatGPT OpenAI Google sues scammers over creation of fake Bard AI chatbot

Google has filed a lawsuit against three scammers for creating fake advertisements for updates to Google’s artificial intelligence (AI) chatbot Bard, among other things, which, when downloaded, installs malware.

14.11 / 03:59

Blockchain Altcoin Scams memecoin elon Elon Musk AI project inspired memecoin ‘Grok’ falls 74% on creator scam claim

The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over 70% after blockchain sleuth ZachXBT alleged the token’s social media account was recycled from a scam token project.

10.11 / 13:05

Blockchain Tokens Scams Bitcoin Scams Bitcoin UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank

One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the current year compared to the same period in 2022.

10.11 / 01:33

Law regulation Scams Fraud Cryptoqueen’s OneCoin legal chief pleads guilty to fraud

The former compliance chief of OneCoin — a 2015 crypto scheme that defrauded investors out of $4 billion — has pleaded guilty to wire fraud and money laundering charges in Manhattan federal court.

09.11 / 10:19

regulation Scams Fraud Bitcoin JPEX scandal: Taiwan determines new suspects in alleged fraud — Report

The saga of the imploded cryptocurrency exchange JPEX continues to develop as Taiwanese prosecutors have reportedly found new alleged suspects.

07.11 / 10:29

Blockchain Scams BSC Q3 BNB Smart Chain scam losses dropped 75% in Q3: Report

Scams facilitated on BNB Smart Chain (BSC) decreased from $55.4 million in the second quarter of 2023 to $13.6 million in the third quarter, according to an AvengerDAO report contributed to by security firm HashDit. This represents a 75% drop in the amount lost to scams.

06.11 / 22:23

Law copyrights Analysis Scams Opinion ChatGPT play Scammers play a long game using bogus, AI-backed 'law firm'

A new artificial intelligence-backed scam is as multi-faceted and lengthy as it is unconvincing — at least for would-be victims who dig below the surface.

05.11 / 09:17

Hack Bitfinex Scams Phishing attacks Support Customers Bitfinex Customers Targeted in Phishing Attacks After Support Agent Hack

Bitfinex has experienced a “minor” security incident after one of its customer support agents fell victim to a hacking attempt, leading to several users being targeted in a series of phishing attacks.

05.11 / 04:29

business Microsoft wallet security Scams phishing Bitcoin Fake Ledger Live app sneaks into Microsoft's app store, $588K stolen

Almost $600,000 in Bitcoin (BTC) has been stolen from users who downloaded a fake Ledger Live application on Microsoft’s app store, according to cryptocurrency sleuth ZachXBT.

02.11 / 10:29

hacks Scams crypto regulation UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud

The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud.

31.10 / 15:53

hacks Scams MetaMask phishing attack MetaMask and Blockaid Collaborate to Launch Phishing Attack Alert Feature for Enhanced User Protection

MetaMask has teamed up with security firm Blockaid to introduce a new feature aimed at bolstering user security.

30.10 / 06:53

Blockchain hacks Telegram Scams Actor classical reports Fake Wallet APP Downloads and Malicious Backdoors are Leading Causes of Crypto Loss: Bitrace

One of the leading causes of loss of crypto assets is the download of fake wallet applications from search engines.

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