Two regulators in Australia have jointly deployed countermeasures services offered by U.K.-based Netcraft to automatically take down websites hosting phishing and other scams on a trial basis.
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.
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 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.`
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.
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.
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.
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 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.
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.
