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    Tag: Crypto scam

    Crypto Detective Warns Users of A Project on Base That May Be Scam

    Cryptory.net - On-chain detective ZachXBT recently warned the community of a project on Base Network that may be a crypto scam.

    Meta on the Verge of Being Expelled from Thailand Due to Unchecked Crypto Scams

    By the end of the month, a Thai lawmaker aims to obtain a court order to close down Facebook within the country. The lawmaker accuses the platform of endorsing deceitful investment schemes.

    Reports: Over 15 Crypto Projects Avoid Major Vulnerability

    Fireblocks found a vulnerability called BitForge that affected the multi-party computation (MPC) protocol of crypto platforms like Binance and Coinbase.

    New Crypto Scam Alert Spread Through Social Media by US State Agency

    An investor alert was released by Vermont in response to a 74-year-old man who lost his life savings of more than $340,000 to a crypto scam that was executed through Instagram and Telegram.

    Crypto-related Crimes Decrease by 65% in 2023, Despite Ongoing Ransomware Attacks

    This year has seen a substantial increase in digital asset prices, bringing good news to those involved in the space. Adding to the positive developments, crypto scammers have experienced a decline in their earnings.

    FTX Digital Markets Surrounded with Allegations of Misusing of Customer Funds for Years

    Senior FTX executives are accused of engaging in deceptive behavior towards banks and auditors, including providing false information, creating fraudulent documents, and relocating across jurisdictions to evade detection.

    AI Integration in Cryptocurrency may Result in Increased Scams

    You may recall HarvestKeeper, the AI-based project that deceived users and swindled $1 million. It is anticipated that analogous AI-based scams will surge in the coming years.

    Morgan DF Fintoch Allegedly Stolen User Funds Worth $31.6 Million

    Cryptory.net - Many investors said that they were unable to withdraw money from Fintoch.

    FBI and Ukraine Join Forces to Seize 9 Crypto Exchange Domains on Charges of Money Laundering

    As per the authorities, many exchanges enabled cybercriminals to violate the anti-money laundering protocols.