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In the first half of 2024, Canadian investment scams defrauded individuals of nearly $204 million, with about half of that from cryptocurrency scams, according to the Canadian Anti-Fraud Centre ...
The 2021 Squid Game cryptocurrency scam was a significant fraudulent event that took place in the world of cryptocurrency. [1] Inspired by the popular South Korean Netflix series Squid Game , this cryptocurrency, known as Squid Coin, [ 2 ] promised investors an opportunity to play and earn.
A pig butchering scam (in Chinese sha zhu pan [2] or shazhupan, [3] (Chinese: ĉçŞç), translated as killing pig game) [1] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme.
About 1-in-5 voters have invested in, traded or used cryptocurrency, according to a Tuesday poll. The survey from Emerson College Polling found that 19 percent of respondents have traded, invested ...
Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership surpass 1 million on Wednesday, as crypto backers push politicians to create a new regulatory ...
In December 2022, Stephen Findeisen, better known as Coffeezilla, a YouTuber who exposes cryptocurrency scams, [11] ran a three-part docuseries on his YouTube channel about how the game was not functional despite the fact that millions of dollars of funding had been raised from investors. [12]
A few months later he transferred over his church and investment club funds. Records show the scam accelerated in the summer of 2023, when Hanes wired $47.1 million out of customer accounts in 11 ...
Pig butchering cost Americans $5.6 billion last year. The term, used by scammers to describe crypto investment schemes, was especially apt in 2023, as losses increased 45% over the 2022 totals ...