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The safest way to spot a scam is to expect them, according to Al Alof, CEO of the crypto and currency exchange ChicksX. “Many crypto coins are created intentionally to scam those who purchase ...
Another scam that is as old as currency itself is now affecting crypto investors. Just like criminals who create fake dollar bills or gold coins, now there are AI agents that can create fake ...
According to the latest available data from the FTC, more than 46,000 people in the U.S. reported losing an accumulative $1 billion to crypto scams between January 2021 and June 2022. In 2021 ...
The Washington Post submitted a complaint against Coler's registration of the site with GoDaddy under the UDRP, and in 2015, an arbitral panel ruled that Coler's registration of the domain name was a form of bad-faith cybersquatting (specifically, typosquatting), "through a website that competes with Complainant through the use of fake news ...
Frazier Khattri has encouraged influencers after Save the Kids to refrain from endorsing cryptocurrency, saying that the crypto market has "not fully developed". Save the Kids was additionally credited as one of the focus examples for the growing trend of cryptocurrency scams, to which more than $80 million has been lost so far mostly from ...
The amount of crypto staking rewards that can be earned varies greatly, depending on the staking platform, the cryptocurrency and how many people are actually staking a given coin.
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]
A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow. Bitcoin Scam Using Unauthorized Celebrity Images in Ads Traced to Moscow ...