Funds sent to cryptocurrencies scams exploiting the COVID-19 pandemic have decreased since the start of March. Scammers are using mostly phishing and blackmail emails, but their efforts have not marked much success as of late. Crypto COVID-19 Scams Aside from the many positive features cryptocurrencies possess, they are also sometimes involved in suspicious and fraudulent...Read More
One of the most significant cryptocurrency fraudulent projects from the past few years recently tried to launder another 13,000 bitcoins. To do so, the perpetrators used numerous mixing services. Shortly after, the price of Bitcoin plunged by $500 in a matter of hours, and the question remains if this is the reason behind the drop. PlusToken...Read More
The saga with one of the largest alleged scam projects in the cryptocurrency world continues. PlusToken’s officials were arrested several months ago, but a recent report shows that over $100 million worth of Ethereum was transferred from a company wallet to an unknown one. $100 In ETH Transferred From PlusToken The popular cryptocurrency monitoring resource,...Read More
A new scam related to Bitcoin ATM has come into our notice. Winnipeg authorities identified a fraudulent scheme that tricks gullible victims into sending Bitcoin to a different address. Scammers post an Out of Order message on ATM. The message says that ATM software is under development. It further warns the user not to deposit...Read More
