Crypto scams are on the rise. They look like the real deal but are fake sites set up to trick people. These scams often use similar designs and fake social media ads to lure victims. Some ask for upfront payments, while others steal login details. Researchers dug into public data to understand these
In Lincoln, a new rule is being put in place to help people avoid falling for crypto scams. By December 24, businesses with crypto ATMs must put up a warning sticker. This sticker is a big red flag for anyone who might be tricked into putting money into these machines. The warning is clear: if some
First, let's talk about what's happening with crypto right now. Bitcoin, the most famous cryptocurrency, made huge news when its price hit $100, 000 for the first time late last year. Imagine digital money jumping to such a high price point. It's huge news. But, it's also important to reme
The FBI's recent Cryptocurrency Fraud Report for 2023 has sent shockwaves through the crypto community, revealing a staggering $5.6 billion in losses due to fraudulent schemes – a 45% increase from the previous year. While only 10% of the complaints received by the Internet Crime Complaint Center (I
The FBI's 2023 Cryptocurrency Fraud Report reveals a staggering $5.6 billion in reported losses to cryptocurrency scams, with older Americans bearing the brunt of the damage. The majority of these scams, a whopping 53% increase from 2022, are pig butchering scams, where fraudsters build fake relatio
