Tag: cryptocurrency scam

Aug 03 2022

After Nomad And Solana, Another Crypto Hack As This Exchange Funds Missing

Aug 03 2022 Published at Coingape under tags  cryptocurrency scam crypto hack news

With back to back security compromises with Nomad and Solana, the crypto ecosystem suffered big jolts this week. In a fresh case of a similar compromise, a cryptocurrency exchange is believed to have lost funds. Although the security compromise and the resultant impact is yet to ascertained, the doubts certainly add to growing concerns. Hacks The post After Nomad And Solana, Another Crypto...

Solana Hack Could Have Been Prevented With This Source Code Change?

Aug 03 2022 Published at Coingape under tags  cryptocurrency scam crypto hack news solana

Even as it is unclear as to what is the exact loss incurred due to the Solana hack, the reason behind it is still unknown. A huge hack in the Solana ecosystem affected over 8,000 wallets on Wednesday, draining out at least $8...

Feb 16 2022

South Korean Crypto Exchange Chief Gets 22 Years in Prison For $1.7B Fraud

The seven executive employees of the South Korean V Global exchange were found guilty on Friday for the crypto fraud of 2 trillion won ($1.7 billion), authorities sentenced them to jail with hefty fines, per the Forkast report. Acting like a Pyramid Scheme, V Global exchange required investors to deposit 6 million won ($5000) for 300% ROI (Return on...

Sep 11 2021

Taiwan Police Arrest 14 Suspects Involved in $5.4 Million Crypto Scam

Police administration in Taiwan arrested 14 people that were allegedly involved in a cryptocurrency investment scam. This scam defrauded more than 100 people out of about NT$150 million (US$5.41 million) over the past year. Local Taiwan news site - The Taipei Times -...

Aug 03 2021

May 05 2021

Dummy WallStreetBets Crypto Pumps Telegram Group Dupe Investors In $2 Million Scam

The altcoins market is bustling with new all-time highs and crypto scammers are once again round the corner. Members of the popular WallStreetBets Reddit forum were recently targeted by a spammy and...

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