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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 ...
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 ...
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 ...
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 ...
BitConnect was described as an open source, all-in-one bitcoin and crypto community platform but was later discovered to be a Ponzi scheme. 2018 KodakCoin: Kodak and WENN Digital Ethash [84] KodakCoin is a "photographer-centric" blockchain cryptocurrency used for payments for licensing photographs. Petro: Venezuelan Government: onixCoin [85 ...
The Spanish Prisoner scam—and its modern variant, the advance-fee scam or "Nigerian letter scam"—involves enlisting the mark to aid in retrieving some stolen money from its hiding place. The victim sometimes believes they can cheat the con artists out of their money, but anyone trying this has already fallen for the essential con by ...
A pig butchering scam (in Chinese sha zhu pan [116] or shazhupan, [117] (Chinese: ĉçŞç), translated as killing pig game) [115] is a type of long-term scam, which usually but not always combines the various forms of romance scams and investment frauds, in which the victim is gradually lured into making increasing contributions, usually in ...
Crypto staking is a vital element of cryptocurrencies that use a “proof-of-stake” system for transaction validation. The potential reward varies widely, depending on the staking platform, the ...