The operator of an alleged seven-figure crypto scam appears to have fled the country of South Africa for Mozambique. Willie Breedt, a South African accused of stealing seven-figures from local investors through his VaultAge Solutions scheme, is believed to have fled the country for Mozambique. The story was reported by News24 on May 29, citing […]
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What if this scammer is just pretending to be a hacker? The hacker claiming to be selling user databases from top hardware wallet manufacturers Ledger, Trezor, and KeepKey appears to actually be peddling bunk, according to SatoshiLabs. On May 24, cybercrime monitoring blog Under the Breach reported that a hacker had begun advertising the customer […]
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Floyx, a social media platform for the crypto community, aims to prevent crypto impersonation scams by developing a novel system. Floyx, a Malta-based social media platform for the crypto community, is trying to prevent crypto impersonation scams by developing a novel system. Floyx CEO Kamil Kępiński explained to Cointelegraph that the platform can prevent malicious […]
Continue ReadingPlusToken main criminal suspect is facing public prosecution. One of the ringleaders of Plus Token is now facing criminal charges in China. Plus Token is one of the largest apparent scams in the cryptocurrency industry’s history. According to local media, Zhou will face public prosecutors in the Court of Jianhu County, Yancheng City, Jiangsu Province. […]
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Chinese authorities have busted a group of scammers allegedly claiming to be “Huobi officials”. Chinese authorities have dismantled a group of alleged scammers posing as Huobi exchange officials, who were operating an over-the-counter (OTC) website. As reported by local media outlet Jinse, on May 20 police arrested 12 suspects in Guangdong province believed to be […]
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Recently there has been a rise in the number of attempts to impersonate Cointelegraph team members and request money from organizations and individuals in return for the promise of positive coverage. Crypto community, be vigilant: Cointelegraph has recently noticed an increase in scammers purporting to be our journalists on Telegram, LinkedIn and other social media. […]
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Bitcoin price charts hint at an exciting breakout, Telegram officially ditches TON, and why Trump could be the next victim of the REvil ransomware group. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]
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Local police have busted Wotoken, China’s second ten-figure crypto Ponzi. The scam, Wotoken, took in roughly $1 billion worth of crypto at current prices from over 715,000 victims. One of the scam’s core operators is purportedly linked to PlusToken — a multi-billion Ponzi that is believed to have impacted the price trajectory of Bitcoin (BTC) […]
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Scammers impersonating Michael Bloomberg BTC giveaway on YouTube want your Bitcoins. Scammers are streaming Michael Bloomberg speeches on YouTube, claiming that the former presidential candidate is giving away free Bitcoin (BTC). Michael Bloomberg BTC Giveaway May 14, there were at least two such incidents with an apparent combined audience of almost 60,000. The scammers asked […]
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A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain. The Shanghai branch of the People’s Bank of China (PBoC) published an article detailing the signs of a financial scam, mentioning virtual currency and blockchain as signs of a fraudulent offering. The […]
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