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Recovery scammers target people who have just lost money to another scam. Typically, recovery scammers will promise to get the money back in exchange for an upfront fee. After you pay, they vanish.
Every year, more and more people fall prey to scams. Data from the Federal Trade Commission shows that in 2021, consumers reported losing more than $5.8 billion to fraud. That's a 70% increase from...
In 2021, losses to crypto scams were 60 times higher than they had been in 2018. ... Ultimately, the best advice on guarding yourself against crypto fraud remains, as with all investments, to ...
A pig butchering scam, a.k.a. "sha zhu pan" [2] or shazhupan, [3] (Chinese: 杀猪盘), 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. [4]
Stephen Findeisen, (born 1993 or 1994) [2] [3], better known as Coffeezilla, is an American YouTuber and cryptocurrency journalist who is known primarily for his channel in which he investigates and discusses online scams, usually surrounding cryptocurrency, decentralized finance and internet celebrities. [4]
A pig butchering scam, a.k.a. "sha zhu pan" [114] or shazhupan, [115] (Chinese: 杀猪盘), translated as killing pig game, [113] 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. [116]
A major bank has issued a warning about crypto investment scams, with victims standing to lose more than £10,000 on average and young adults often being particularly at risk.
Information can then be used to obstruct receiving legitimate payments [2] or phishing scams. [1] Victims are sent a token to their wallet via an airdrop. [3] When the victim attempts to cash out the token, the sender is able to access the wallet through the smart contract attached to the token. [4]
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