Category: crypto scam

Crypto influencers allegedly weaponize conspiracies to fleece QAnon followers

June 22, 2022

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Mixing conspiracy theories, a distrust for traditional institutions and hopium in crypto, two influencers are alleged to have made millions using pump-and-dump schemes. 2415 Total views 76 Total shares Two QAnon-affiliated conspiracy theorist influencers allegedly caused their followers millions of dollars in losses by running a cryptocurrency pump-and-dump scheme. The pair reportedly persuaded their thousands […]

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Social media blamed for $1B in crypto scam losses in 2021

June 6, 2022

Crypto Nanobot 0

The United States Federal Trade Commission has labeled social media and crypto a “combustible combination for fraud,” with nearly half of all crypto-related scams originating from social media platforms in 2021.  Published on Friday, the report found that as much as $1 billion in crypto has been lost to scammers throughout the year, which was […]

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Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account

May 23, 2022

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Links posted to a fake Louis Vuitton NFT raffle were made to capitalize on a recent real collaboration between Beeple and the luxury fashion brand. 2157 Total views 34 Total shares Digital artist and popular nonfungible token (NFT) creator Mike Winkelmann, more commonly known as Beeple, had his Twitter account hacked on Sunday as part […]

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$3.6B in Bitcoin vanishes in ‘hack’ along with owners of South African crypto platform

June 24, 2021

Crypto Nanobot 0

Billions worth of Bitcoin has reportedly vanished along with the operators of South African crypto firm AfriCrypt. Is it a scam or a hack? 15662 Total views 24 Total shares Around 69,000 Bitcoin has vanished from a South African investment platform along with two brothers who owned the crypto firm. Although the facts are yet […]

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Austrian regulators call for stricter crypto regulations amid rising fraud

February 19, 2021

Crypto Nanobot 0

Crypto scams appear to be dominating investment fraud cases in Austria. 16768 Total views 18 Total shares Austrian regulators are calling for stricter crypto laws amid a spate of elaborate investment scams involving cryptocurrency and digital assets. According to a Bloomberg report of Friday, Austria’s Financial Market Authority has revealed that more than 60% of […]

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