Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation.
Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam
Scammers posing as Forbes journalists have been targeting BAYC holders to set up interviews and distract them while they attempt to steal their apes.
Nansen phishing emails flood crypto investors’ inboxes
On Sept. 22, one of Nansen’s third-party vendors suffered a security breach, which exposed the email addresses of 7% of the system’s users.
Tether Worth $9M Tied to ‘Pig Butchering’ Scams Is Seized by U.S. DOJ
The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through “pig butchering” scams.
Tether freezes $225M USDT linked to romance scammers amid DOJ investigation
The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.
Google sues scammers over creation of fake Bard AI chatbot
Google opens lawsuit against scammers offering a malicious version of its AI chatbot Bard that tricks users into downloads and installs malware software on their devices.
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam.
JPEX scandal: Taiwan determines new suspects in alleged fraud — Report
Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud.
BNB Smart Chain scam losses dropped 75% in Q3: Report
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat.
FTX clients face deceptive priority withdrawal scam
FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU.
EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain
According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum.
Tim Draper warns of crypto scams using his AI-synthesized voice
Advancements in AI have made it possible to create deepfake videos and voices in which scammers write the scripts to try and illegally obtain others’ crypto.
Scammers prefer banking customers over crypto investors in Ireland: Report
To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
EtherHiding: Hackers create novel way to hide malicious code in blockchains
Threat actors have worked out a way to hide malicious payloads in Binance smart contracts to lure victims into updating their browsers from fake prompts, according to cybersecurity researchers.
BlackRock seeks court crackdown on 44 copycat sites, some crypto adjacent
The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it.
Alameda Research lost $190M to scams and ‘questionable’ blockchains: Whistleblower
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link.
Meet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC
Artist Nelson Saiers’ “Rug Pull” highlighted the victims of crypto rug pulls and perceived SEC inaction in safeguarding investors.
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull
A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021, but some commentators have raised doubts.
Galxe protocol experiences DNS attack, losses top $150,000 so far and still growing
The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer.
Crypto Ponzi scheme AirBit: All but one exec now sentenced
AirBit Club co-founder Dos Santos is now the last AirBit defendant not yet sentenced but is scheduled to learn his fate on Oct. 4, 2023.