Remove Cryptocurrency Remove Internet Remove Scams
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Wire Fraud Scam Upgraded with Bitcoin

Schneier on Security

The FBI has issued a bulletin describing a bitcoin variant of a wire fraud scam : As the agency describes it, the scammer will contact their victim and somehow convince them that they need to send money, either with promises of love, further riches, or by impersonating an actual institution like a bank or utility company.

Scams 293
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Interview With a Crypto Scam Investment Spammer

Krebs on Security

Social networks are constantly battling inauthentic bot accounts that send direct messages to users promoting scam cryptocurrency investment platforms. The messages said recipients had earned an investment credit at a cryptocurrency trading platform called moonxtrade[.]com.

Scams 267
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Romance scams costlier than ever: 10 percent of victims lose $10,000 or more

Malwarebytes

Romance scams continue to plague users, but their costs have risen to staggering heights, according to a Malwarebytes survey carried out last month via our weekly newsletter. In addition, some scammers convince their targets into investing in fraudulent cryptocurrency schemes, a method known as pig butchering.

Scams 140
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FBI’s 2023 Cryptocurrency Fraud Report: $5.6 Billion Lost in Exploding Investment Scams

Penetration Testing

The FBI’s Internet Crime Complaint Center (IC3) has released its 2023 Cryptocurrency Fraud Report, revealing alarming trends in the rapidly growing world of cryptocurrency crime. In 2023 alone, over 69,000... The post FBI’s 2023 Cryptocurrency Fraud Report: $5.6

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How BRICS Got “Rug Pulled” – Cryptocurrency Counterfeiting is on the Rise

Security Affairs

Resecurity has identified an increasing trend of cryptocurrency counterfeiting, the experts found several tokens impersonating major brands, government organizations and national fiat currencies. Resecurity has identified an increasing trend of cryptocurrency counterfeiting.

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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. The attacks were facilitated by scams targeting employees at GoDaddy , the world’s largest domain name registrar, KrebsOnSecurity has learned. 13, with an attack on cryptocurrency trading platform liquid.com.

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Heimdal™ Security Discovers New Cryptocurrency Scam Campaign

Heimadal Security

The past year has been a significant one for cryptocurrencies and blockchain. In the face of such extremity and economic meltdowns, cryptocurrencies have proven to be remarkably resilient. Fortunately, the rapid increase in accessibility of global high-speed Internet and digitization has created a ripe environment for digital currency.