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Nalezeno "Fake": 1164

SEC Pursues $45M Scam Based in Fake Blockchain Technology


The U.S. Securities and Exchange Commission (SEC) accused alleged fraudster Neil Chandran and several others for orchestrating a scheme to get cash from tens of thousands of investors globally on the false promise that they were securing a lucrative deal to sell blockchain technology

Research shows fake unregulated crypto exchange volume


A paper titled “Crypto Wash Trading,” published by the National Bureau of Economic Research, also known as the NBER shows that almost 70% of the transactions on unregulated crypto exchange platforms are made up of wash trades. In other words, those transactions are fake. A “wash...

Onecoin Co-Founder Pleads Guilty to Fraud Charges in US


Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in Thailand and extradited to the United States....

North Korea Running ‘Trojan-infested Fake Crypto Exchange,’ Say Experts


A security firm says North Korean hackers created a bogus crypto exchange that infects users’ internet-connected devices with malware – which allows them to access sensitive networks so they can steal cryptoassets. The claims were made by the security provider Volexity, and backed by the likes...

US Seizes Domains Used in ‘Pig Butchering’ Crypto Scam


U.S. authorities have seized seven domains used in “pig butchering” cryptocurrency schemes. “Once the money is sent to the fake investment app, the scammer vanishes, taking all the money with them, often resulting in significant losses for the victim,” the Department...

Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme


Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their proceeds, spent on cars and real estate,...

Fake Nintendo, Valve Twitter Accounts Are Already Out There, Be Safe Everyone


The latest in a seemingly never-ending list of dire consequences for Twitter users in the wake of Elon Musk’s purchase is a very predictable one: after overhauling the site’s verification system a flood of fake—and yet still “verified”—accounts have begun using the platform to fuck with people.Read...

Fake OneCoin-selling Surgeon and Businessman Jailed in Argentina


A criminal court in Argentina’s Córdoba has jailed two men – a businessman and a surgeon – for their part in developing a pyramid scheme based on selling fake tokens they claim were “affiliated” with the OneCoin crypto scam. Clarin reported that the court sentenced the 33-year-old Adolfo Rodrigo...

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