Online Cryptocurrency Scam

The group, targeting men from Taiwan to Singapore and as far away as India, used AI-powered deepfakes to run a fraudulent cryptocurrency platform.

Binance crypto exchange has claimed that its internal intelligence unit assisted the ED in uncovering this scam. In a statement released on Wednesday, September 25, Binance said that such public-private partnerships against financial crimes can strengthen its role in India’s crypto landscape.

Taking advantage of the hype around Apple’s 'Glowtime' event on September 9, hackers deployed deepfake videos on YouTube to target potential victims. These fraudulent videos were designed to capture the attention of Apple enthusiasts searching online to stream the launch of the flagship iPhone 16 models.

A former chief executive officer (CEO) of a US bank has been sentenced to more than 24 years in federal prison for embezzling $47 million in a cryptocurrency fraud scheme.

Coinbase has launched its ‘Tech Against Scam’ initiative this week. This programme aims to inform the global tech community about ways to safeguard themselves against frauds and online deceit – in an attempt to making the industry a safe space.

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "s

The "wine trader" wooed her online for months with his flirtatious smile and emoji-sprinkled texts. Then he went for the kill, defrauding the Philadelphia-based tech professional out of $450,000 in a cryptocurrency romance scam.

An online pastor in the United States has been charged with civil fraud for selling a cryptocurrency that regulators described as "practically worthless".

Over 30 pairs of scam tokens copying PayPal’s PYUSD stablecoin have been spotted by crypto analysts in the last few hours. Fake cryptocurrencies are most commonly used by scammers to perform rug pull and honeypot types of crypto scams, leaving investors and customers high and dry.

Nigerian nationals and Chinese gangs are allegedly trapping innocent people on the pretext of offering money for performing easy tasks online or on the promise of lucrative returns by investing in cryptocurrencies, said a police officer.

Even a couple of days before the industrially quaky year of 2022 ends, news and warning around crypto crimes have made it to the headlines. This week, the private API details of around 100,000 users of 3Commas were leaked online leading to millions in loss. The attack was in operation since October.

Global police agency Interpol said it was preparing for the risk that online immersive environments — the "metaverse" — could create new kinds of cybercrime and allow existing crime to take place on a larger scale. Interpol's member countries have raised concerns about how to prepare for possible metaverse crime, Madan Oberoi, Interpol's execu...

Yuga Labs, the company behind Bored Ape Yacht Club, has filed a lawsuit against Ryder Ripps, claiming the online provocateur has been "scamming" buyers with falsely equivalent NFTs in a "deliberate effort to harm Yuga Labs at the expense of consumers."

The crypto trader has sought help from the online community and has even offered a $100,000 reward for those who can help him recover the money.

The group, targeting men from Taiwan to Singapore and as far away as India, used AI-powered deepfakes to run a fraudulent cryptocurrency platform.

Binance crypto exchange has claimed that its internal intelligence unit assisted the ED in uncovering this scam. In a statement released on Wednesday, September 25, Binance said that such public-private partnerships against financial crimes can strengthen its role in India’s crypto landscape.

Taking advantage of the hype around Apple’s 'Glowtime' event on September 9, hackers deployed deepfake videos on YouTube to target potential victims. These fraudulent videos were designed to capture the attention of Apple enthusiasts searching online to stream the launch of the flagship iPhone 16 models.

A former chief executive officer (CEO) of a US bank has been sentenced to more than 24 years in federal prison for embezzling $47 million in a cryptocurrency fraud scheme.

Coinbase has launched its ‘Tech Against Scam’ initiative this week. This programme aims to inform the global tech community about ways to safeguard themselves against frauds and online deceit – in an attempt to making the industry a safe space.

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "s

The "wine trader" wooed her online for months with his flirtatious smile and emoji-sprinkled texts. Then he went for the kill, defrauding the Philadelphia-based tech professional out of $450,000 in a cryptocurrency romance scam.

An online pastor in the United States has been charged with civil fraud for selling a cryptocurrency that regulators described as "practically worthless".

Over 30 pairs of scam tokens copying PayPal’s PYUSD stablecoin have been spotted by crypto analysts in the last few hours. Fake cryptocurrencies are most commonly used by scammers to perform rug pull and honeypot types of crypto scams, leaving investors and customers high and dry.

Nigerian nationals and Chinese gangs are allegedly trapping innocent people on the pretext of offering money for performing easy tasks online or on the promise of lucrative returns by investing in cryptocurrencies, said a police officer.

Even a couple of days before the industrially quaky year of 2022 ends, news and warning around crypto crimes have made it to the headlines. This week, the private API details of around 100,000 users of 3Commas were leaked online leading to millions in loss. The attack was in operation since October.

Global police agency Interpol said it was preparing for the risk that online immersive environments — the "metaverse" — could create new kinds of cybercrime and allow existing crime to take place on a larger scale. Interpol's member countries have raised concerns about how to prepare for possible metaverse crime, Madan Oberoi, Interpol's execu...

Yuga Labs, the company behind Bored Ape Yacht Club, has filed a lawsuit against Ryder Ripps, claiming the online provocateur has been "scamming" buyers with falsely equivalent NFTs in a "deliberate effort to harm Yuga Labs at the expense of consumers."

The crypto trader has sought help from the online community and has even offered a $100,000 reward for those who can help him recover the money.