SEC Fraud Lawsuit Against HEX Founder Thrown Out In a surprising turn of events, the Securities and Exchange Commission’s (SEC) fraud lawsuit against Richard Heart, the founder of HEX cryptocurrency, has been dismissed by a judge. The SEC had accused Heart of fraudulent activities related to HEX, but the court ruled that there was not […]
Scam mobile app BOM steals $1.8 million in crypto from victims
Beware of Scam Mobile App BOM: How It Stole $1.8 Million in Crypto from Victims In the ever-connected world of mobile applications, the convenience of accessing services at our fingertips comes hand in hand with the risk of falling victim to scams. Recently, a malicious mobile app named BOM has made headlines for its deceitful […]
Two charged after pensioner loses over £100,000 in cryptocurrency fraud
Cryptocurrency Fraud: How Deceptive Schemes Are Costing Investors In the world of cryptocurrency, where digital assets and blockchain technology reign supreme, the allure of high returns often comes hand in hand with the risk of fraud. Recently, a disturbing case emerged where two individuals were charged after a pensioner lost over £100,000 in a cryptocurrency […]
Hackers target Trump-linked crypto project with fake Barron meme coin
Hackers Target Trump-Linked Crypto Project with Fake Barron Meme Coin In the ever-evolving world of cryptocurrency, scams and hacks are unfortunately not uncommon. Recently, a Trump-linked crypto project, World Liberty Financial, fell victim to a malicious attack by hackers. The perpetrators created a fake coin named Barron meme coin, aiming to deceive users and potentially […]
FED chair Powell calls for stronger crypto regulations
FED Chair Powell Calls for Stronger Crypto Regulations The world of cryptocurrency has been a hot topic in financial circles for quite some time now. With the rise of Bitcoin, Ethereum, and a plethora of other digital currencies, the need for regulations has become increasingly apparent. Recently, Federal Reserve Chair Jerome Powell made headlines by […]
Kazakhstan moves to expand legal crypto operations
Kazakhstan’s Push for Legal Crypto Operations Kazakhstan is making significant strides towards expanding its legal crypto operations, with President Tokayev spearheading efforts to implement urgent reforms in order to regulate the industry effectively and crack down on illegal platforms. This move comes at a pivotal moment in the world of cryptocurrency, as governments worldwide are […]
Milan Court to Try Influencer Chiara Ferragni for Fraud Over Charity Claims
Milan Court to Try Influencer Chiara Ferragni for Fraud Over Charity Claims Italian influencer Chiara Ferragni, known for her fashion empire and massive following on social media, is facing legal trouble as Milan prosecutors have charged her with fraud. The charges stem from allegedly misleading charity claims associated with the sale of Christmas cakes and […]
Breaking Bad star’s X account hijacked for fake meme coin promotion
Breaking Bad Star’s X Account Hijacked for Fake Meme Coin Promotion In the fast-paced world of cryptocurrencies, scams and frauds are unfortunately not uncommon. Recently, the Twitter account of a well-known Breaking Bad star, let’s call them X, was hijacked by cybercriminals to promote a fake meme coin as part of a pump-and-dump scheme. This […]
Bank of America CEO backs crypto payments
Bank of America CEO Backs Crypto Payments: A Game-Changer in Finance In a bold move that could reshape the landscape of the financial industry, Bank of America’s CEO has expressed support for embracing cryptocurrency payments. This endorsement comes at a crucial time when digital currencies are gaining momentum and mainstream acceptance. If regulators give the […]
Telegram scammers exploit new malware tactics
Telegram Scammers Exploit New Malware Tactics In the ever-evolving landscape of online scams, scammers are constantly finding innovative ways to deceive unsuspecting victims. One such tactic that has recently come to light is the use of fake verification bots in bogus trading and airdrop groups on Telegram to trick users into downloading harmful malware. Unlike […]