Scammers | ForkLog

ForkLog 27 24.01.2024

Ukraine Tallies Cryptocurrency-Related Criminal Cases in Courts

Since 2014, the Unified State Register of Court Decisions in Ukraine has recorded information on over 1,500 rulings in criminal cases related to various cryptocurrencies, according to local media. The majority of these criminal cases (420 proceedings) are associated with fraud, often involving activities of various financial pyramids. In 345 cases, digital assets are mentioned […]

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ForkLog 21 22.01.2024

Automated Scam Scheme Defrauds $32 Million, Experts Reveal

Since April 2023, unidentified individuals have created over 1,300 fraudulent tokens, executing a rug pull that has stolen more than $32 million from approximately 42,000 users, according to analysts at Blockfence. ? MASSIVE $32M RUG PULLS OPERATION UNVEILED ?We are sharing an investigation conducted by our team, which resulted in:— More than 1.300 different token […]

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ForkLog 21 21.01.2024

CFTC Accuses Debiex of $2.3 Million Fraud

The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit in an Arizona district court against the digital asset platform Debiex, alleging fraud amounting to $2.3 million. According to the charges, since March 2022, representatives of Debiex have been forming friendly or romantic relationships with potential victims to gain their trust. Subsequently, they encouraged […]

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ForkLog 43 19.01.2024

Minsk Resident Defrauded of $20,000 in Cryptocurrency Scam

A 28-year-old resident of Minsk has fallen victim to a cryptocurrency investment scam, according to a report from the local Investigative Committee. The victim met a woman through a messaging app, who later introduced him to the idea of earning through digital assets. She offered to connect him with her acquaintances, described as “brokers.” Following […]

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ForkLog 36 19.01.2024

Chainalysis Reports Decline in Illicit Crypto Revenues for 2023

In 2023, the volume of illegal revenues from crypto scams and hacks decreased by 29.2% and 54.3%, respectively, according to a report by Chainalysis. For the first year since 2020, illicit transaction volume fell, from $39.6B in 2022 to $24.2B. As always, these figures are estimates based on illicit addresses we’ve identified as of now. […]

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ForkLog 30 15.01.2024

Over Half of Cryptocurrencies Tracked by CoinGecko Have Failed

Of the 24,000 cryptocurrency projects listed on the CoinGecko aggregator since 2014, 14,039 have ceased to exist. Ever wondered how many cryptocurrencies have failed? Our study shows that over 50% of all cryptocurrencies have died. Of the over 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have died. Read the full study: https://t.co/idaxCf0SWH pic.twitter.com/GFjERHU4co — […]

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ForkLog 81 15.01.2024

Michael Saylor Warns of Deepfake Scams Featuring Himself

The MicroStrategy team has removed approximately 80 deepfake videos featuring the company’s founder, Michael Saylor, from YouTube, most of which promoted crypto scams. ⚠️ Warning ⚠️ There is no risk-free way to double your #bitcoin, and @MicroStrategy doesn’t give away $BTC to those who scan a barcode. My team takes down about 80 fake AI-generated […]

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ForkLog 47 15.01.2024

UN Highlights USDT’s Role in Money Laundering Schemes

The stablecoin USDT has become a popular tool among fraudsters and money launderers, according to a report by the United Nations Office on Drugs and Crime, as reported by the Financial Times. The organisation notes that the asset is increasingly used in romantic scams, the “pig butchering” scheme, and on the black market of online […]

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ForkLog 25 28.12.2023

Unknown actors pull rug on fake Sleepless AI, FomoFi and NebulaNode tokens

Ahead of the Sleepless AI farming launch on Binance's Launchpool, unknown actors carried out a rug pull of the token of the same name.

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ForkLog 23 25.12.2023

Chainalysis: Over 2½ years, phishing has yielded hackers more than $1 billion in cryptocurrencies.

Since May 2021 phishing victims have lost more than $1 billion, with $516.8 million lost in 2022 and $374.6 million in the current year.

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ForkLog 17 25.12.2023

Fake on-chain sleuth ZachXBT accounts surface online

Fake profiles of the popular researcher ZachXBT, known for publicly exposing fraudulent cryptocurrency projects, spread on social media.

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ForkLog 35 21.12.2023

Crypto holders lose $58 million to phishing airdrops

Since March 2023, the creators of one of the malicious scripts emptied cryptocurrency wallets of over 63,000 victims for more than $58 million.

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