Dubai Investor Nets $30M in Crypto Celebrity Pump, Dump
The Dubai investor created and promoted these tokens with the help of celebrities like Caitlyn Jenner and Floyd Mayweather. According to reports, Sahil Arora, a Dubai investor has been using the platform Pump Fun, which is based in Solana, to create celebrity tokens. According to these reports, he has defrauded investors of an astounding thirty […]
BlackRock Faces Crypto Scams After Ethereum ETF Launch
Blackrock advises investors to be cautious when investing in crypto, citing the recent Spot Ethereum ETF approval and a rise in crypto investment schemes. The world’s largest asset manager has issued a stern warning regarding an increase in crypto investment-related schemes in the wake of BlackRock’s recent Spot Ethereum ETF launch on July 23. The company, […]
US Department Reveals $5M Bounty For OneCoin Scam
The U.S. Department has increased its bounty on OneCoin Scam mastermind Ruja Ignatova, who has been hiding for many years. The search for Ruja Ignatova of OneCoin has recently taken on a new dimension, as a $5 million bounty is now looming over her head. $4 billion was lost by investors From OneCoin scam The […]
Pink Drainer Closes After $75M Crypto-Theft, 20K Victims
Since the infamous Pink Drainer developers declared their retirement after stealing over $75 million worth of cryptocurrency assets, the crypto community may finally have some peace. The creators of Pink Drainer, a wallet draining service linked to the theft of millions of dollars in assets, have announced the end of their operations. Pink Drainer is ceasing […]
SEC Charges Woman with Crypto-Related Ponzi Scheme
The SEC has filed a complaint against Diana Mae Fernandez, who allegedly ran a fraudulent securities offering involving cryptocurrencies, companies, and real estate. The SEC claims she used investor funds for personal expenses and Ponzi payments. The Securities and Exchange Commission (SEC) has charged a woman with running a fraudulent securities offering that involved cryptocurrencies, […]