CFTC New Joint Crackdown Targets Crypto ‘Pig Butchering’ Scams
By: Antonio Smith / September 13, 2024
CFTC New Joint Crackdown Targets Crypto ‘Pig Butchering’ Scams Fighting an increasing menace in bitcoin fraud known as “pig butchering,” the Commodity Futures Trading Commission has declared a coordinated effort with other federal and commercial organizations. By doing this, the agency will work with several federal and private groups —not just the US Securities and Exchange Commission […]
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Online Scam Report (OSR) Announces the Recovery of Over $1M from xchief.com Crypto Scam for an Arkansas Nurse
By: Antonio Smith / September 9, 2024
Online Scam Report Announces the Recovery of Over $1M from xchief.com Crypto Scam for an Arkansas Nurse Online Scam Report (OSR), a leading provider of crypto recovery services, is pleased to announce the successful recovery of over $1M in cryptocurrency for an Arkansas nurse who fell victim to the XChief (xchief.com) crypto investment scam. The […]
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People are losing their life savings’: Seven Maryland residents lost $6.3 million in a gold bar scam targeting seniors. How to make sure this doesn’t happen to you
By: Antonio Smith / August 27, 2024
People are losing their life savings’: Seven Maryland residents lost $6.3 million in a gold bar scam targeting seniors. How to make sure this doesn’t happen to you Have you gotten a call from a federal agent recently asking you to convert your gold bars into cash? If so, you may be a potential victim […]
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Crypto Criminals Are Now Targeting Centralized Exchanges
By: Antonio Smith / August 18, 2024
Crypto Criminals Are Now Targeting Centralized Exchanges There is a renewed interest in centralize crypto exchanges as cyber criminals are applying for jobs there, according to Chainalysis. Photo by Martin Podsiad / Unsplash It is a good year for cybercriminals so far, having stolen more than $1.58 billion from the start of the year until […]
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How the Chainalysis Crypto Investigations and Online Scam Report Solution Supports Cases From Lead Discovery to Illicit Seizures
By: Antonio Smith / August 13, 2024
How the Chainalysis Crypto Investigations Solution Supports Cases From Lead Discovery to Illicit Seizures Just over a decade ago, few people understood the emerging technologies surrounding cryptocurrency and blockchain, and even fewer investigators knew how to evaluate blockchain data and follow funds tied to crypto crime. Since then, the crypto landscape has evolved extensively, with […]
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Beware of the Scam Website: Zalandoss.shop/#/
By: Antonio Smith / August 1, 2024
Beware of the Scam Website: Zalandoss.shop/#/ In the age of online shopping, cybercriminals have become increasingly sophisticated in luring unsuspecting customers into fraudulent schemes. One of the latest additions to this trend is Zalandoss.shop/#/—a site that presents itself as a legitimate online store but is, in reality, part of a growing network of scams designed […]
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Deepfake scams: Bitcoin conference AI drains $79K
By: Antonio Smith / August 1, 2024
Investors lost $79K to deepfake Elon Musk at Bitcoin 2024, MOG holder phished bad, ransomware backdoor in ESXi server software. As the Bitcoin 2024 conference was taking place on July 25-27, crypto users lost over $79,000 due to a deep-fake AI livestream of the conference. The fake livestream featured footage of Elon Musk giving a […]
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ValyuNetwork-Apps.com: Exposing a Scam in the Crypto Space
By: Antonio Smith / July 25, 2024
ValyuNetwork-Apps.com: Exposing a Scam in the Crypto Space The world of cryptocurrency continues to expand, offering a variety of opportunities for investors and enthusiasts alike. Unfortunately, this rapid growth has also given rise to an increasing number of scams that prey on unsuspecting individuals. One such fraudulent platform is ValyuNetwork-Apps.com, which has garnered attention for […]
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ETHTrustFund DAO Transfers $2M Treasury in Shocking Rug Pull
By: Antonio Smith / July 24, 2024
YEREVAN (CoinChapter.com) — ETHTrustFund (ETF), a Base network protocol similar to Olympus and Wonderland, transferred its entire $2 million treasury to new accounts on July 20. The funds were then laundered through Tornado Cash and Railgun mixer apps. After this, all websites and social media accounts linked to the project were deleted. Experts quickly labeled […]
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Chainalysis Operation Spincaster Aims to Prevent Billions in Losses to Crypto Scams
By: Antonio Smith / July 23, 2024
Chainalysis Operation Spincaster Aims to Prevent Billions in Losses to Crypto Scams Approval phishing is an increasingly popular tactic used by criminals to steal funds through different scamming techniques such as fake crypto apps and romance scams (also known as pig butchering), according to an update from Chainalysis. With the approval phishing technique, the scammer tricks the user […]
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