The Special Investigation Team of Himachal Pradesh police completed their investigation in the crypto scam, and a charge sheet was created. It is a list of accusations made against the individuals they believe were responsible for the fraud. The prosecution…
Scammers Exploit Charity to Perpetrate $250 millions (₹2,000 Crore) Fraud in Himachal – India
The special police squad continued to investigate and discovered that the fraud had an estimated value of ₹2,000 crore. This team is now requesting support from the income tax department and the Ministry of Finance’s Financial Intelligence Unit. Their goal…
Is Your Money at Upbit Exchange? Read This As they Escape $3.4 Billion Scam
Upbit Exchange is one of the most prominent crypto exchanges in the industry and always does its best to keep attacks at bay. However, there was a recent attack affecting their users. Upbit Exchange Experience $3.4 Billion Scam Image from…
A crypto Firm Sent a Disability Worker $10m by Mistake. Months later, She was Arrested at an Australian Airport
In March 2022, Manivel, a disability support worker, found herself at Melbourne airport with a one-way ticket to Malaysia and nearly $11,000 in cash. Her journey took a surprising turn, stemming from an accidental transfer of over $10 million into…
After $76 Million Crypto Scam, 5 People Have Been Arrested in Thailand
A Crypto scam is when someone or a group of persons are made to lose their money by cybercriminals. So, many of these scams involve cryptocurrencies from victims. 5 People Arrested for Crypto Scam How Did the Crypto Scam Happen? …
Tornado Cash Developers Charged With Money Laundering and Sanctions Violations That Facilitated Over $1 Billion in Illicit Transactions
The U.S. DOJ has filed charges against two Tornado Cash developers with a privacy protocol operating on the Ethereum network. This protocol developed an unclear and hazy connection between sender and recipient addresses. The two developers, Roman Storm, and Roman…
What is Crypto Romance Scam, and how does it Work?
A crypto romance scam happens to many people online. In the online space, many people are there to find love. We can see that in dating apps where millions constantly wait to find their perfect half. In fact, even on…
Police in India arrests four accused in a $ 14 million crypto scam
olice in Mumbai, the western Indian city that’s also known as the financial capital of the country have arrested four accused in a crypto scam. The accused had cheated investors promising them unrealistic returns. India doesn’t allow cryptocurrencies.
Operation CryptoSweep: Canada, U.S initiates a major crackdown on crypto scams
An event hosted on Monday by the North America Security Administrators Association (NASAA) saw the much-anticipated crackdown on cryptocurrency scams put into effect. Dubbed “operation cryptosweep”, the operation is aimed at conducting a thorough scrutiny on dozens of potentially malicious…
The Biggest Cryptocurrency Scam Ever – BitConnect – Now Almost Disconnected But Cryptoenthusiast Better Beware
So, what is BitConnect? BitConnect is a bitcoin-lending platform using BitConnect Coin (BCC), a cryptocurrency launched in February 2016. Users are able to lend Bitcoin and earn interest via this platform, self-regulated and peer-to-peer. Transactions made on the BitConnect platform…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
