News with the tag "SCAM"

Imprisoned FTX founder Sam Bankman-Fried has been on the move. The former crypto executive was previously incarcerated in Brooklyn’s Metropolitan Detention Center, but Federal Bureau of Prisons (FBOP) data indicates he now resides at FTC Oklahoma City, a transfer center that temporarily houses inmat...

Hold onto your crypto wallets! A chilling report has surfaced, revealing a staggering $46 million in suspected thefts targeting users of the popular Coinbase exchange just this month. Blockchain sleuth ZachXBT dropped this bombshell on his Telegram channel, sending ripples of concern throughout the ...

The FBI is issuing an alert over an ongoing ransomware campaign known as “Medusa” that’s hit hundreds of victims. Medusa is a type of malicious software first discovered in 2021 that encrypts its victims’ files before demanding a ransom in exchange for a decryption key. Medusa actors typically gain ...

A billion-dollar bank is warning customers after a cybersecurity breach affecting thousands of customers. In a filing with the Office of the Maine Attorney General, Western Alliance Bank says an unauthorized actor exploited a vulnerability in a third-party file transfer software system it uses. The ...

Wells Fargo and two of its business partners are set to fork out millions of dollars to individuals and businesses after agreeing to settle a class action lawsuit that alleged sales calls to potential customers of the fourth-largest US bank were secretly recorded for nearly a decade. According to th...

A new threat is emerging from hackers who are disseminating hazardous software to Reddit users who are seeking free trading tools. Malwarebytes, a cybersecurity firm, has reported that scammers have installed malware in phony “cracked” versions of TradingView Premium. This malware has the potential ...

What is California’s crypto scam tracker tool? On Feb. 16, 2023, the Department of Financial Protection and Innovation (DFPI) in California launched the crypto scam tracker tool to help residents spot and avoid crypto scams. The tracker details crypto scams identified through a review of complaints ...

Australian authorities have intensified efforts to combat crypto scammers impersonating Binance, the world’s largest cryptocurrency exchange by trading volume. The Australian Federal Police (AFP), National Anti-Scam Centre (NASC), and Binance Australia have issued warnings to victims about the sophi...

The DHN token price quickly dropped 50% after Ethereum co-founder Vitalik Buterin sold off the tokens he received for free, exchanging them for $125,000 in ETH. With a single trade, Ethereum co-founder Vitalik Buterin appears to have cut the Dohrnii memecoin’s price in half — dumping tokens on the o...

Burwick Law Firm has filed a class action against Kelseir, KIP, and Meteora. The firm alleged that the defendants executed an unfair LIBRA token launch. Burwick based its filing on an investigation carried out by its counsel. Burwick Law Firm has initiated a class action in the Supreme Court of New ...