scams

76% of consumers don’t see themselves as cybercrime targets

76% of consumers don’t see themselves as cybercrime targets 2024-04-04 at 06:01 By Help Net Security 67% of consumers across the globe are concerned about the security and privacy of AI, according to Bitdefender survey. AI uses personal data to feed its machine learning algorithms, and the rising amount has raised serious concerns about data […]

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Unexplained transfers on LENX protocol spark rug pull concerns

Unexplained transfers on LENX protocol spark rug pull concerns 2024-03-30 at 00:01 By Cointelegraph by Ana Paula Pereira Mysterious withdrawals from LENX’s treasury have raised concerns about an ongoing slow rug pull on the protocol. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Elon Musk offers free premium features on X, crypto scammers included

Elon Musk offers free premium features on X, crypto scammers included 2024-03-28 at 11:04 By Cointelegraph by Arijit Sarkar Elon Musk rolled out the paid verification model on X, earlier known as “Twitter Blue,” to fight the scammers and spammers thriving on the platform before his takeover. This article is an excerpt from Cointelegraph.com News

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Scammers exploit tax season anxiety with AI tools

Scammers exploit tax season anxiety with AI tools 2024-03-26 at 06:31 By Help Net Security 25% of Americans has lost money to online tax scams, according to McAfee. Of the people who clicked on fraudulent links from supposed tax services, 68% lost money. Among those, 29% lost more than $2,500, and 17% lost more than

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Hong Kong’s fight against fake crypto exchanges continues

Hong Kong’s fight against fake crypto exchanges continues 2024-03-25 at 15:02 By Cointelegraph by Arijit Sarkar The Securities and Futures Commission of Hong Kong’s (SFC) issued a warning against HKCEXP, which it claims lured investors by falsely claiming to be an “FSC-registered business.” This article is an excerpt from Cointelegraph.com News View Original Source React

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Scammers steal millions from FTX, BlockFi claimants

Scammers steal millions from FTX, BlockFi claimants 2024-03-25 at 14:56 By Zeljka Zorz Customers of bankrupt crypto platform BlockFi have been targeted with a very convincing phishing email impersonating the platform, asking them to connect their wallet to complete the withdrawal of remaining funds. Judging by this Reddit thread, many have fallen for the scam

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Scams are becoming more convincing and costly

Scams are becoming more convincing and costly 2024-03-25 at 06:33 By Help Net Security Scams directly targeting consumers continue to increase in both complexity and volume, according to Visa. Consumers are increasingly targeted by scammers, who rely on heightened emotions to create fraud opportunities. While the number of individual scam reports from June to December

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Automation app IFTTT blamed for recent ‘$Packy’ token scam on X

Automation app IFTTT blamed for recent ‘$Packy’ token scam on X 2024-03-22 at 08:01 By Cointelegraph by Martin Young a16z’s Packy McCormick and Coinbase’s Scott Shapiro were among those targeted by phishing scammers who used their accounts to spread malicious crypto phishing links on X. This article is an excerpt from Cointelegraph.com News View Original

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SEC busts CryptoFX for running $300M Ponzi scheme

SEC busts CryptoFX for running $300M Ponzi scheme 2024-03-15 at 11:02 By Cointelegraph by Arijit Sarkar According to the SEC, CryptoFX allegedly targeted crypto investors from the Latino community across 10 U.S. states and two foreign countries. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Tax-related scams escalate as filing deadline approaches

Tax-related scams escalate as filing deadline approaches 2024-03-12 at 07:18 By Helga Labus As the April 15, 2024 tax filing deadline approaches in the US, some old and some new tax-related scams targeting both taxpayers and tax professionals. Tax-related scams targeting taxpayers With taxpayers rushing to file their personal federal income tax return, scammers are

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Crypto phishers stole $47M last month, impersonators on X to blame

Crypto phishers stole $47M last month, impersonators on X to blame 2024-03-11 at 06:32 By Cointelegraph by Martin Young Most victims were lured to phishing websites from comments posted by impersonator accounts on X. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Airbnb scammers pose as hosts, redirect users to fake Tripadvisor site

Airbnb scammers pose as hosts, redirect users to fake Tripadvisor site 2024-02-29 at 16:19 By Helga Labus Scammers on Airbnb are faking technical issues and citing higher fees to get users to a spoofed Tripadvisor website and steal their money. The Airbnb scam Malwarebytes researchers came across the Airbnb scam when trying to book an

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Deepfaked video conference call makes employee send $25 million to scammers

Deepfaked video conference call makes employee send $25 million to scammers 2024-02-05 at 17:01 By Zeljka Zorz A deepfake video conference call paired with social engineering tricks has led to the theft of over US$25 million from a multinational firm, the South China Morning Post has reported. The scheme and the deepfake video conference call

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Hong Kong regulator blocks access to two crypto entities, warning of fraud

Hong Kong regulator blocks access to two crypto entities, warning of fraud 06/12/2023 at 21:02 By Cointelegraph by Turner Wright According to the securities regulator, misleading information online could encourage individuals to invest in the HKD token issued by HongKongDAO. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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US senators drill into FTC’s work to track AI attacks on older citizens

US senators drill into FTC’s work to track AI attacks on older citizens 06/12/2023 at 11:04 By Cointelegraph by Arijit Sarkar The senators asked the FTC chair four questions about AI scam data collection practices to find out if the commission can identify AI-powered scams and address them accordingly. This article is an excerpt from

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Australia tries again to combat ‘future sectors’ crypto scams

Australia tries again to combat ‘future sectors’ crypto scams 30/11/2023 at 10:04 By Cointelegraph By Arijit Sarkar The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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​​Hong Kong authorities say 145 victims and $18.9M lost in Hounax scam

​​Hong Kong authorities say 145 victims and $18.9M lost in Hounax scam 28/11/2023 at 16:02 By Cointelegraph By Savannah Fortis Authorities in Hong Kong confirmed there were 145 affected users scammed on the unlicensed crypto exchange Hounax, resulting in $18.9 million in lost funds. This article is an excerpt from Cointelegraph.com News View Original Source

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Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam

Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam 27/11/2023 at 10:02 By Cointelegraph By Martin Young Scammers posing as Forbes journalists have been targeting BAYC holders to set up interviews and distract them while they attempt to steal their apes. This article is an excerpt from Cointelegraph.com News View

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