Ripple Chief Technology Officer David Schwartz has issued a public warning about a significant increase in impersonation scams targeting XRP holders across social media. The fraudulent accounts frequently pose as Ripple executives or affiliates to promote fake cryptocurrency giveaways and… Read More »Ripple CTO Warns of Rising XRP Impersonation Scams on Social Media Platforms
UK regulators and law enforcement have seized seven unregistered cryptocurrency ATMs in southwest London, reinforcing the nation’s strict anti-money laundering (AML) compliance requirements. The Financial Conduct Authority (FCA) confirmed no crypto ATMs may legally operate without FCA registration, highlighting that… Read More »UK Authorities Shut Illegal Crypto ATMs Amid US Regulatory Push Against Fraud
Security experts have issued a warning to Shiba Inu token holders about an active phishing scam involving fraudulent ShibaSwap reward claims circulating on social media platforms. The scam targets SHIB, BONE, and LEASH token holders with fake rewards valued at… Read More »SHIB Community Warned of Phishing Scam Impersonating ShibaSwap Rewards
The U.S. Secret Service has intensified its crackdown on sophisticated scams targeting dormant Bitcoin wallets, with over $400 million in illicit funds uncovered from recent fraudulent activities. Approximately 80,009 BTC held in inactive wallets has been identified as vulnerable to… Read More »U.S. Secret Service Ramp Up Fight Against $400 Million Dormant Bitcoin Wallet Scams