Crypto Scam: Nine Arrested For Duping Students In Japan
Police in Osaka have arrested nine suspects for allegedly using false promises and illegal tactics to lure students into investing in cryptocurrencies. According to the police, the nine suspects, including three university students, solicited investments from three universities in Osaka and elsewhere between June and September 2022. They are accused of negotiating contracts without a […]
Beware of Crypto Job Scams Linked to Labor Trafficking, FBI Warns
The FBI has issued a warning about fake job ads linked to labour trafficking and cryptocurrency fraud. Traffickers coerce victims into committing crypto investment schemes abroad. The Federal Bureau of Investigation (FBI) in the United States has alerted its citizens about a new scam involving fake job advertisements linked to labour trafficking and cryptocurrency fraud. […]
Crypto scams and legal recourse – What to do if you’ve been scammed
Cryptocurrency has become a popular digital asset, but as its popularity grows, so does the number of crypto scams. This article highlights crypto scams and what to do if you’ve been scammed. Cryptocurrency is a form of virtual currency that is only ever physically exchanged online. To purchase cryptocurrency, most people utilize their mobile devices, […]
Metallica issues warning to fans about crypto giveaway scams
The iconic metal band Metallica cautioned its fans of cryptocurrency giveaway scams through social media impersonation by scammers just before the release of its much anticipated new album, 72 Seasons. Scammers have begun impersonating metalheads on social media in an effort to capitalize on the excitement around the release of Metallica’s new album and impending […]
Analyst outlines 8 crypto scams on Twitter
Cybersecurity analyst Serpent in a 19-part thread outlined the sophisticated strategies scammers use for the most dastardly crypto scams and s well as non-fungible tokens’ (NFT) currently active on Twitter. The analyst is the creator of Sentinel, artificial intelligence and community-powered crypto scams mitigation solution, and has 253,400 followers on Twitter. Serpent described how scammers […]