A crypto trader lost over $2.5 million worth of Tether (USDT) after falling for the same scam twice within hours. On May 26, blockchain security firm Scam Sniffer reported that the first error occurred when the trader copied a manipulated wallet address from their transaction history. This resulted in a transfer of $843,000 to the […]
Trader loses $2.5M USDT after falling for address poisoning scam twice Read More »
Dubai-based Indian memecoin creator, Sahil Arora, called memecoin rug pull schemes the most lucrative opportunity in an interview with the New York Post. According to the May 17 article, Arora, who boasts of earning millions of dollars from over 100 memecoin rug pulls, said: “The easiest way to make money is to deploy a meme
Creator of over 100 memecoins says rug pulls are the ‘easiest way to make money’ Read More »
Eric Council Jr. was sentenced to 14 months’ imprisonment for his role in the Jan. 9, 2024, hack of the U.S. Securities and Exchange Commission’s (SEC’s) X account. The convicted, along with co-conspirators, posted false news of the SEC approving the first Bitcoin (BTC) exchange-traded fund in the U.S. In a press release on May
Jan 2024 SEC’s X account hacker got 14 months in prison for cyber fraud Read More »
Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams. The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report
A new phishing scam is targeting digital asset holders with Ledger hardware wallets—and it’s an old-school but effective method: physical mail. Users are reporting receiving letters in the mail that appear to be from Ledger, the popular hardware wallet provider. The letters claim to be from the company’s security team and ask users to do
Ledger Leak Victims Hit by Physical Mail Scam Read More »
