FBI warns of growing digital currency scams on LinkedIn
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.
Latest scam News
How to avoid NFT scams: Joshua Henslee talks to Nomad Media Club’s Amine Oubrahim
Joshua Henslee and Amine Oubrahim from Nomad Media Club talked about NFT scams and how to identify them as well as how they can have real utility as the industry matures.
The CoinGeek Pulse Episode 90: ‘Crypto’ scams net $1B, Binance probed and global industry updates
The U.S. Federal Trade Commission released a report detailing about 46,000 people with over a median of $2,600 individual loss—this is about 60x higher than in 2018.`
FTC: Digital asset scammers have made off with $1 billion since 2021
Scammers have defrauded over 46,000 people, with the median amount lost being $2,600, as bogus investment scams accounted for over half the losses, according to the U.S. Federal Trade Commission.
Philippines SEC issues warning vs digital asset-themed investment scam Astrazion
The securities regulator says that Astrazion has been willfully defrauding the investing public via the sale of its native tokens without obtaining a securities license.
The net is closing in on OneCoin scammer Ruja Ignatova
German authorities are investigating OneCoin founder Ruja Ignatova’s husband Bjorn Strehl with reports of raids in Frankfurt and several other cities, according to reports.
How to avoid NFT scams with Nomad Media Club
Amine Oubrahim, founder of Nomad Media Club, explains how to spot and avoid NFT scams. Predictably, most of the advice is common sense, but given the unregulated, rogue nature of the NFT markets in general the subject is worth discussing.
Eddy Alexandre of EminiFX charged in $60M ‘double your money’ digital asset scam
Eddy Alexandre allegedly told his investors he had a high-secret trading technology that allowed him to generate 5% weekly returns for investors, according to the U.S. Department of Justice.
Coin Signals trader gets 3-year prison term over $5M digital currency scam
Jeremy Spence, aka 'Coin Signals,' has been sentenced to 42 months in federal prison after he was found guilty of scamming more than 170 victims.
Philippines SEC issues warning vs yet another digital asset pyramid scam
Just days since it issued a warning against Leefire, the SEC says that the same activities are now being propagated through Sengre, which sells SGC Coin.
New report warns phishing scams on the rise among airdrop offers
The scammers have developed ways of mirroring/spoofing genuine projects which is how many users fall victim to them, and both social media accounts and website links are used to carry out the attacks.
US SEC, DoJ halt $62M Mining Capital Coin pyramid scheme
Mining Capital Coin lured investors with promises of guaranteed returns but ended up defrauding them of over $62 million, according to U.S. federal authorities.