2020-12-18 13:43 |
Austin Nedved pleaded guilty to involvement in scams that reaped over $600,000 by targeting the elderly and vulnerable.
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The coalition also includes prominent crypto companies Ripple and Gemini, as well as Meta and Match Group, the parent company of dating apps Tinder and Hinge.
Google has taken legal action against a group of individuals it accuses of defrauding over 100,000 people globally by distributing counterfeit crypto apps through its Google Play store, CNBC reported.
More memecoins might also mean more scams.
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257. 7 ETH (equivalent to $11. 6 million) via a flash loan attack on the protocol.
The FBI’s Internet Crime Complaint Center (IC3) has released its 2023 report, revealing a significant rise in crypto-related fraud and the use of digital assets in cybercrime. The 2023 IC3 report serves as a comprehensive overview of the current state of internet crime, including the challenges and risks posed by the use of crypto in […] The post FBI cybercrime report reveals crypto investment fraud in the US rose 53% YoY appeared first on CryptoSlate.
Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau's Internet Crime Report 2023, highlighting the prominent role that cryptocurrency plays in this area of crime.
Crypto industry losses amounted to $67 million in February over 12 incidents, with hacks accounting for 97. 54% of funds stolen, according to Immunefi’s latest crypto losses report. Meanwhile, the remaining 2.