The risks of investing in digital assets were highlighted once again following the charges slapped against a Utah man who allegedly scammed investors over $2 million through social media.
South Korea doubles down on efforts to track the origins of illegal virtual currency transactions as the U.S. warns of sanctions for those involved, with many fearing are banks from Seoul.
As cyberspace becomes increasingly vulnerable to attacks due to the proliferation of malware groups, security agencies rely on the public for help in preventing likely destructible outcomes of these threats.
FBI warns investors to beware of DeFi vulnerabilities such as flash loans that target smart contracts, verification issues, and manipulation of price pairs.
'Crypto Queen' Ruja Ignatova and her digital asset empire are the focus of the FBI's latest talk as the agency continues to highlight the dangers of investing in the market.
Jessica Leeann Sledge made three payments totaling $10k in BTC to a purported "hitman" she found through a dark web website between September and November 2021, according to the U.S. Department of Justice.
The FBI traced the funds after a report filed by the Kansas medical center. The bureau identified the malware used in hijacking the servers as a strain called "Maui."
Cybercriminals have been replicating web apps of digital assets companies and financial institutions to defraud investors, even using logos and information of legitimate companies, according to the FBI.
The FBI added OneCoin leader Ruja Ignatova aka ‘The Missing Cryptoqueen,’ to its Top 10 Most Wanted list, and the bureau is also offering a $100,000 reward for information leading to her arrest.
LinkedIn acknowledges the growing fraud cases and is proactively trying to mitigate them. The company claims to have removed 136 million scam content and 31.6 million fake accounts in 2021.