Tag: crypto scammers

Sep 14 2022

Crypto Scam and Investments Duped Over $242 Million In Australia

Since the cryptocurrency grew in the last few years, it also has become the favorite place for fraudsters and cybercriminals to loot money. Per the latest estimates, Australia records significant losses indicating crypto scams are on the rise in the state. According to the stats viewed by the Australian Competition and Consumer Commission (ACCC),...

Jun 04 2022

Crypto Scammers Have Drained Over $1 Billion From Consumers Last Year – FTC

Crypto scammers have defrauded more than 46,000 people over $1 billion since the start of 2021, according to a report released by the Federal Trade Commission on Friday. Fraudsters are capitalizing on the increased popularity of acquiring digital wealth quickly. With almost $1 out of every $4 in these frauds paid in cryptocurrency, the FTC research suggests that it has become the preferred...

May 06 2022

Crypto Scammers Using Deepfakes To Trap Victims: NortonLifeLock

Nowadays, Deepfakes and crypto scams are top in the line of swindles. According to Norton Labs, over $29 million in BTC was stolen in 2021, and the frequency of these frauds will increase in 2022 as the bitcoin market's value increases. Cybercriminals are experts at benefiting from falsehood, so it's imperative for internet users (consumers) to pay attention to the most recent scammers...

May 04 2022

Tinder Crypto Scammers: On Emotional Manipulation And Taking The Love Bait

Got bitten by the love bug? Crypto scammers on Tinder surely know how to pull the right emotional strings to crack open your crypto wallets. They have been using emotional manipulation and sweet nothings to target singles in the famous dating app and they're getting good at it day by day. Suggested Reading |...

Jan 15 2022

Chainalysis Report Claims Criminal Usage Of Cryptocurrency Will Decrease In 2022

The crypto market saw a huge rise in the year 2021. Along with legitimate use, it's also used for many illegitimate purposes. But now, according to a recent report by data analytics...

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