The crypto world is booming, but so are the scams. Recently, a young man named Ronald Spektor made headlines for allegedly stealing $16 million from Coinbase users through a phishing scam. This wasn't some high-tech hack. Instead, it was a simple trick that played on people's fears. Spektor pretend
The U. S. is stepping up its game against crypto scams. A new team, called the Scam Center Strike Force, is joining forces to take down these frauds. This team includes the DOJ, FBI, Secret Service, and others. They aim to stop scams that trick people out of billions of dollars. These scams, known
South Park's latest Halloween episode didn't go the typical scary route. Instead, it served up a satirical feast, mixing politics, crypto scams, and a haunted White House. The show didn't shy away from poking fun at the Trump administration and the chaotic state of affairs in Washington, D. C. Stan
On October 15, a wave of cyberattacks hit major gaming organizations, with hackers taking over their YouTube channels to push fake cryptocurrency schemes. This wasn't just a one-off incident but a coordinated effort targeting multiple big names in the gaming world. The official Dota 2 channel, run
Scammers are now pretending to be lawyers to trick people who have already lost money in crypto scams. The FBI has issued a warning about these fake law firms that promise to help recover lost funds but instead steal more money. These scammers are clever. They contact victims out of the blue, claim
AI agents, powered by large language models, were supposed to be a big deal. They were meant to plan and carry out tasks on their own. But so far, they haven't lived up to the hype. Many companies are struggling to figure out how to use them effectively. One big problem is that AI agents aren't ver
The U. S. government has made a significant move against crypto scams. They have taken control of a record amount of cryptocurrency. This money was linked to fraudulent schemes that have cheated people out of billions worldwide. These scams are often called "pig butchering. " They trick victims into
Trump's push to make the US the "crypto capital" has Australian regulators worried. They fear that if the US eases up on crypto rules, scammers might have a field day. In 2023, Australians lost over $1. 3 billion to investment scams, with crypto playing a big part. The Australian Competition and Con
In a wealthy community in South Carolina, seniors are finding themselves in the crosshairs of a new type of scam. The targets are often retired individuals who have saved up a significant amount of money over the years. The scammers are using a classic trick, pretending to be law enforcement officer
In 2024, the world of cryptocurrency saw a troubling surge in scams. Cybercriminals are getting smarter and more organized, using artificial intelligence to their advantage. These scams are becoming more sophisticated and widespread. Blockchain research firm Chainalysis reported that crypto wallets
