Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Thieves have opened a new front against cryptocurrency users with fake letters delivered by regular postal mail targeting owners of Ledger hardware wallets. The letters misleadingly tell recipients they need to confirm their private seed phrases for a “critical security update,” according […]
Ledger Customers Hit by Seed Phrase Scam Read More »
Owners of Ledger hardware wallets have reported receiving fake physical letters designed to trick them into revealing their wallet seed phrases as part of a new wave of crypto scams. On April 29, tech analyst Jacob Canfield posted a warning on X, sharing a scam letter that had arrived at his home. Disguised as official
Crypto Scammers Go Old School: Ledger Users Hit with New Seed Phrase Mail Scam Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Federal prosecutors and regulators have charged a man they claim operated a massive cryptocurrency fraud scheme that swindled $200 million from 90,000 investors. Ramil Palafox, a dual US and Philippines citizen, allegedly stole more than $57 million from January 2020 through October
Bitcoin Kingpin Or Con Artist? SEC Charges Crypto, Forex Firm Owner Over $200M Fraud Read More »
Kenny Li, co-founder of Manta Network, has revealed he was the target of a highly advanced phishing attempt involving deepfake technology during a Zoom call. In a detailed post on April 17, Li described how attackers used prerecorded videos of familiar individuals to impersonate them in what appeared to be a legitimate meeting. Li said
Spanish authorities have dismantled a sophisticated crypto investment scam that defrauded over 200 victims out of more than €19 million ($21.5 million), using artificial intelligence to lure investors with fake celebrity endorsements. The two-year investigation led to the arrest of six individuals across Spain, according to a statement from the Spanish National Police. Crypto Scam
Spanish Police Bust AI-Powered Crypto Scam Ring That Defrauded Victims of €19M Read More »
Authorities in Australia have taken action against a major network of fraudulent companies linked to crypto investment and romance scams, shutting down 95 firms believed to be operating under false pretenses. In an April 8 statement, the Australian Securities and Investments Commission (ASIC) announced that the Federal Court had approved its application to wind up
Australia Shuts Down 95 Firms Linked to Crypto Investment and Romance Scams Read More »
Key Notes The FBI’s Operation Level Up identified the crypto scam, but agents warn that victims are often coached by fraudsters to deny being scammed. Special agent Jeremy Capello highlighted that victims are frequently re-targeted by scammers posing as recovery firms. Crypto scams are on the rise, with Coinbase users recently losing more than $46
Crypto Scam Sees Woman Lose $3 Million Through Fake Korean Messaging App Read More »
The amount of crypto mining malware has doubled in the first quarter of 2025 relative to the quarter prior, according to a new quarterly malware report from software security platform Sonatype. Notably, of nearly 18,000 malicious packages found in Q1 of this year, 7% were crypto mining malware. The report highlights that this is double
Crypto Mining Malware and Open Source Malware Packages Doubled in Q1 2025 Read More »
Amber Bella, the former Chief Marketing Officer (CMO) of the blockchain-based action RPG Blade of God X (BoGX), broke her silence on Tuesday. In a tweet series that outlined her fallout with the game’s founder, Tnise Liu Yang, and the Web2 development team, she revealed shocking details about the project’s internal collapse. Bella accused the
Crypto Game Founder in Hot Water After Former CMO Drops Truth Bomb on Fallout Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new threat is emerging from hackers who are disseminating hazardous software to Reddit users who are seeking free trading tools. Malwarebytes, a cybersecurity firm, has reported that scammers have installed malware in phony “cracked” versions of TradingView Premium. This malware has
Crypto Traders Beware: This Fake TradingView Is Stealing Funds Read More »
