Scammers | ForkLog

ForkLog 30 20.01.2025

Controversial activist offloads 50% of TIKTOK memecoin supply

Ryan Fournier, chair of Students for Trump, faced a backlash after selling half the supply of a memecoin created to celebrate the lifting of the ban on TikTok in the United States, The Block reported. On January 19, Fournier floated the idea of a memecoin, Official TIKTOK COIN (TIKTOK). An X user going by Asta […]

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ForkLog 113 16.01.2025

Illicit crypto activity totaled $40.9 billion in 2024

In 2024, the total volume of illicit cryptocurrency transactions reached $40.9 billion, with 63% conducted in stablecoins, according to Chainalysis analysts. ?The Introduction to the 2025 Chainalysis Crypto Crime Report is here! ? Check out our blog to learn the latest about the on-chain illicit ecosystem’s increasing ? professionalization, featuring a broadening array of illicit […]

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ForkLog 50 15.01.2025

Bitmama faces up to 10 years in prison

Law-enforcement authorities have charged Valeria Fedyakina, known as Bitmama, with fraud in a case involving the theft of cryptocurrencies and fiat totaling at least 2.2bn rubles, TASS reported. Investigators say she solicited investments in digital assets, promising high returns, after which the funds disappeared. In one episode, losses amounted to about 800m rubles. A court […]

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ForkLog 53 15.01.2025

Huione Guarantee’s illicit marketplace turnover exceeds $24bn

Analysts at Elliptic have described the online marketplace Huione Guarantee as the world’s largest illicit trading platform. Transaction volume has exceeded $24bn, and the user base has topped 900,000. New research: Huione Guarantee is the largest illicit online marketplace of all time — providing scammers with the tools they need to perpetrate pig butchering and […]

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ForkLog 91 13.01.2025

Hackers steal 143 ETH via transaction‑simulation spoofing

Researchers at Scam Sniffer have flagged a new ruse in which criminals steal crypto by spoofing transaction simulations. In a single incident, attackers siphoned 143.45 ETH (about $460,000) in 30 seconds. 1/8 ? SECURITY ALERT: A victim lost 143.45 ETH ($460,895) through transaction simulation spoofing 1 day ago. Here’s how these attacks work… ? pic.twitter.com/IQTSS8I3dp […]

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ForkLog 24 13.01.2025

New York attorney-general to serve suspected crypto fraudsters with NFTs

As part of a fraud probe, New York attorney-general Letitia James will send suspected offenders notice of the proceedings in the form of an NFT. According to investigators, from January to June 2024 a group of scammers sent US residents messages offering remote jobs on behalf of real companies. The “work” consisted of writing online […]

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ForkLog 32 13.01.2025

Litecoin’s X account promoted a fake memecoin

In recent days, X accounts belonging to several cryptocurrency and venture projects were hijacked to promote scams, The Block reported. Among the compromised was Litecoin’s page with 1.1 million followers. It was used to advertise a fake memecoin. The team regained control of the account and apologised for the incident. Litecoin’s X account was briefly […]

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ForkLog 27 11.01.2025

Wolf Capital co-founder pleads guilty to $9.4m crypto scam

Wolf Capital investment firm co-founder Travis Ford pleaded guilty to creating a fraudulent scheme that harmed 2,800 investors. According to investigators, he stole $9.4 million by promising clients extraordinarily high returns.

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ForkLog 22 10.01.2025

Malicious actors cost crypto more than $3bn in 2024

Losses from malicious activity in the crypto industry topped $3.01 billion in 2024, according to PeckShield. #PeckShieldAlert 2024 has witnessed a significant resurgence in crypto-related hacking activities. The total value of loss in 2024 has exceeded $3.01B, reflecting a ~15% increase over the $2.61B stolen in 2023. This total includes $2.15B stolen from crypto hacks […]

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ForkLog 53 10.01.2025

South Korean entertainment executive accused of crypto scam

Kang Seung-kon, a director at major South Korean production house Cube Entertainment, is suspected of deceiving crypto investors, according to local outlet Hankyung. According to unnamed sources, he urged acquaintances and colleagues to invest in the Nestree (EGG) cryptocurrency issued by blockchain project Nestree Media Group. Kang also allegedly guaranteed the return of capital. In […]

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ForkLog 108 31.12.2024

Founder of Charity Meme Coin Mira Accused of Fraud

Community members have accused Siqi Chen, the creator of the charity meme coin Mira (MIRA), of an exit scam involving the token Zero. so i launched a test token called zero, with the description: “this is going to zero … do not buy it” thinking that people would read it and not buy it. i […]

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ForkLog 12 30.12.2024

Hackers Exploit ‘Microphone Debugging’ to Steal Crypto Assets

Job seekers in cryptocurrency firms have encountered a new cybercriminal scheme aimed at stealing their assets, according to MetaMask developer Taylor Monahan. ? Heads up all—some dudes have a slick, new way of dropping some nasty malware. Feels infostealer-y on the surface but…its not.? It’ll really, deeply rekt you. Pls share this w/ your friends, […]

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