Tag: scam
Yearn.Finance token tumbles 43%, community speculates on exit scam
Yearn.Finance’s governance token (YFI) plummeted over 43% in just five hours on Nov. 18 after rallying almost…
Elon Musk AI project inspired memecoin ‘Grok’ falls 74% on creator scam claim
The price of a memecoin drawing its namesake from Elon Musk’s artificial intelligence project “Grok” plummeted over…
Chinese hackers use fake Skype app to target crypto users in new phishing scam
A new phishing scam has emerged in China that uses a fake Skype video app to target…
BNB Smart Chain scam losses dropped 75% in Q3: Report
Scams facilitated on BNB Smart Chain (BSC) decreased from $55.4 million in the second quarter of 2023…
FTX clients face deceptive priority withdrawal scam
FTX users are reportedly being targeted in a withdrawal scam. X (formerly Twitter) user and FTX creditor…
Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam
On Oct. 10, the development team for gaming project FinSoul carried out an alleged exit scam, siphoning…
Pond0x DEX claims $100M in trading volume as critics allege it’s a scam
The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to…
Lawyer who laundered $400M from OneCoin scam denied new trial: Report
The lawyer responsible for laundering $400 million from the OneCoin fraud has been denied a motion seeking…
Thai authorities arrest five in 3,200-victim, $27M crypto scam
Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over…
Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report
The former CEO of Turkish crypto exchange Thodex, Faruk Fatih Özer, was sentenced to 11,196 years in…