Scammers mail out fake hardware wallets to victims of Ledger data breach
The consequences of Ledger’s major data breach continue to be felt almost a year later.
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Scams
A man and his S.C.A.M.: Solo dev ‘Dreesus’ on making a memecoin legit
You might not know Dreesus, but if you’ve been following crypto the last few months you’re likely familiar with his work.
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1,100 people arrested in China over alleged crypto fraud | CryptoSlate
Chinese police busted a network of more than 170 criminal groups as they arrested 1,100 suspects involved in money laundering by buying cryptocurrencies, security officials said in a statement.
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US courts say Apple co-founder Steve Wozniak can’t blame YouTube for Bitcoin scams
A California state judge has ruled that Steve Wozniak, a co-founder of tech giant Apple, can’t sue YouTube over Bitcoin scam videos that used his image, Bloomberg reported today.
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Chinese state-run TV network draws attention to DeFi scams on Uniswap
CCTV-13, a TV channel that is part of the state-controlled China Central Television (CCTV) network, aired a new report today, highlighting how easy malicious actors can create fraudulent tokens and sell them on decentralized finance (DeFi) platforms such as Uniswap.
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South Koreans lost $5 billion to crypto crimes in the past four years
South Korean police arrested 14 people involved in a cryptocurrency fraud case totaling $3.5 billion earlier this month, bringing the country’s losses to $5 billion in the last five years, reported the South Korean daily newspaper Hankyoreh on the 26th.
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Worst UK bank for dealing with scams issues crypto scam alert
The U.K bank with the worst record for dealing with scam complaints has issued a cryptocurrency scam alert.
NatWest, which was rated as the worst U.
Elon Musk impersonators make bank as crypto scammers’ profits surge
The United States Federal Trade Commission has found that crypto scammers’ profits spiked in the last two months, noting a surge in fraudulent impersonators posing as prominent figures associated with digital assets, such as Elon Musk.
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FBI plans to put warning signs on Bitcoin ATMs to hinder scammers
The Cuyahoga County (U.S. state of Ohio) Scam Squad and the Federal Bureau of Investigations (FBI) have issued a public warning as scammers began to actively use Bitcoin (BTC) ATMs to defraud people, TV channel News 5 Cleveland reported on Tuesday.
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This crypto scammer ended up scamming himself on Pancakeswap | CryptoSlate
There’s something highly satisfying when karma strikes. None more so than when a crypto scammer gets their comeuppance. A Reddit user posted in the r/pancakeswap subreddit—the public forum of decentralized exchange Pancakeswap—asking for help in returning funds from a BEP-20 token he created.
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