Saturday, July 2, 2022

Crypto Scam News

Need of policing NFT increases as new fraud cases emerge

So yeah, crypto might be getting a bit rowdy as the amount of fraud NFT cases reach a new high with the system being...

Hacked Beeple Twitter account posted a phishing link duping people of $ 438,000

From the compromised Beeple account, a targeted phishing operation scammed people of $ 438K in crypto and NFTs. Fake NFT raffle links were posted on...

The USA is Increasing its Efforts to Combat Crypto Frauds

The crypto and NFT market is exploding. More and more new people are signing up to be part of these new-age financial avenues.  The SEC aims...

Israeli authorities seized 30 crypto wallets linked to the terror organization Hamas.

According to the Times of Israel report, digital wallets allegedly used by Hamas were seized by Israeli authorities, closing down funding methods for the...

US DoJ appoints Eun Young Choi to lead the National Cryptocurrency Enforcement Team.

The US Department of Justice (DOJ) has announced the appointment of Eun Young Choi, a veteran cybersecurity prosecutor, to lead the National Cryptocurrency Enforcement...

FBI’s Cyber Division blamed crypto payments for the rise in ransomware attacks.

During a virtual panel with Bloomberg on Tuesday, the assistant director of the FBI's Cyber Division, Bryan Vorndran, said that "crypto is the primary currency, the...

PayPal revises its seller protection program to exclude NFT transactions over $10,000.

Payments platform PayPal has revised its policies, affecting NFT transactions. Under the new rules for the seller protection program, NFT transactions over $10,000 will be...

India seizes assets worth $5 million in connection with an alleged crypto scam involving Morris coin.

India’s Enforcement Directorate (ED), a specialized financial investigation agency under the Department of Revenue, Ministry of Finance, has seized assets valued at 36.72 crore...

Two arrested in Hong Kong for money laundering worth $380 million involving crypto.

Hong Kong Customs arrested two persons suspected of engaging in money laundering activities involving about $384 million during an operation today, a press release...

Singapore financial regulator suspends Bitget exchange after a dispute with Korean pop group BTS.

Singapore's financial regulator, the Monetary Authority of Singapore, has suspended the crypto exchange Bitget after an incident related to Korean pop group BTS. The dispute occurred...

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