Cryptocurrency Analysis and News Portal
An alleged phishing scammer going by the pseudonym “Monkey Drainer” has reportedly swiped around $1 million worth of Ether (ETH) via dubious copycat NFT minting websites this week. Well-known blockchain sleuth ZachXBT was one of the first to track and highlight the activity, outlining on Oct. 26 that: “Over the past
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The two biggest victims, 0x02a and 0x626, lost a combined $370,000 after signing transactions on phishing sites run by the prolific scammer, according to ZachXBT. More specifically, 0x02a reportedly lost 1 Bored Ape Yacht Club (BAYC) collection, 1 CloneX, 36,000 USDC and 12 other non-fungible tokens (NFT) worth in total
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A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days. Alleged Crypto Scammer Arrested in Bangkok A 50-year-old man who
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The U.S. District Court of Colorado entered a judgment on behalf of the Commodity Futures and Exchange Commission (CFTC) against a Ponzi scammer on claims he and his company raised half a million dollars for cryptocurrency investments, which instead went to personal uses, the CFTC announced Wednesday. Source
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Over the years, it has become a known fact for anyone dealing with cryptocurrencies that scams are running rampant. However, as more novice players enter the market, more scammers up their tactics to take advantage of unsuspecting Bitcoin enthusiasts with fake Bitcoin giveaways and other elaborate schemes. Recently, a new bout
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A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states.Willie Breedt is the CEO of the defunct Vaultage Solutions (VS), the company at the center of the alleged
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The U.S. Departments of Justice (DOJ) and Homeland Security (DHS) have seized coronaprevention.org, alleging its owner tried to sell the domain for bitcoin after posting about it in a "hacker's forum."Announced late Friday, the unidentified owner of the site tried to sell the domain to an undercover agent with the
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The U.S. Commodity Futures Trading Commission (CFTC) is suing an alleged Ponzi scammer on claims he and his company raised half a million dollars for cryptocurrency investments, which instead went to personal uses.According to a press release, Breonna Clark, otherwise known as Eliot Clark or Alexander Pak, and his firm
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A Sweden citizen has been extradited to the United Stated from Thailand to trial for charges of securities fraud, money laundering and wire fraud that involved digital currencies such as Bitcoin(BTC)trade.Brian A. Benczkowski, assistant attorney general of Criminal Divisions of Justice Department in United States, David L. Anderson, attorney in
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Maksim Zaslavskiy, a computer programmer from Brooklyn and the first person in the United States to be convicted of running a fraudulent initial coin offering (ICO) has been sentenced to a year and a half behind bars.As Law360 reported on Nov. 18, the Brooklyn businessman received a prison sentence
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