Scams

Jan 2024 SEC’s X account hacker got 14 months in prison for cyber fraud

Jan 2024 SEC’s X account hacker got 14 months in prison for cyber fraud

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 […]

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ZachXBT reveals Coinbase users lost another M in a week to ongoing social engineering scams

ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams

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

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Ledger Leak Victims Hit by Physical Mail Scam

Ledger Leak Victims Hit by Physical Mail Scam

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

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