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He started his YouTube channel to upload footage to send to authorities as evidence against scammers. [ 4 ] He has since carried out investigations into various scams, in which he infiltrates computer networks run by scammers who claim to be technical support experts [ 1 ] or pose as US IRS agents and use remote desktop software or social ...
The XRP Ledger peer-to-peer overlay network is characterized by a small-world network topology, featuring a tightly clustered structure and short paths between nodes. [12] Information systems expert Mary Lacity notes that this platform "uses much less electricity than Bitcoin—about as much electricity as it costs to run an email server".
The defendants agreed to turn over all data involving XRP transactions. [30] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
If you suspect you are getting suspicious pop-up ads when watching YouTube videos, be sure to report the scam. With so much of your information already being available online, it might be hard to ...
The company agreed to a $30 million settlement with the SEC and to cease selling its staking service in the US. The case would impact other major crypto exchanges operating staking programs. [163] On 23 March 2023, the SEC issued an alert to investors stating that firms offering crypto asset securities might not be complying with US laws.
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.
As the scam unraveled, investors were left with substantial losses, while the developers of Squid Coin disappeared from the public eye, taking an estimated $3.38 million with them. [3] [12] The project's website, which had previously been active, disappeared along with its social media accounts, further erasing any trace of its existence. [13]
Pierogi was born on July 16th, 1986, [3] he previously worked as a cybersecurity professional. [4] He launched his YouTube channel "Scammer Payback" on May 15, 2019, focusing on high-production scam-baiting content in which he pretends to be a scam victim by portraying a variety of characters with the use of a voice changer to waste the scammers' time and distract them.