Hip-hop icon Drake’s X account faced a cyber intrusion on Saturday, with the hacker using the platform to advertise a Solana-based meme coin called “$ ANITA.” Drake’s X Account Used in $ ANITA Meme Coin Scam: $ 4.9M in Fake Hype Aubrey Drake Graham, the Canadian rapper, singer, and songwriter widely known …
Binance Warns of Fake Tokens Exploiting Its Name
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information through our official channels. Be […]
Hong Kong’s Fraud Empire Collapses: How Triads, AI, and Fake Love Fuel Massive Crypto Heist
Hong Kong police have dismantled a notorious fraud syndicate responsible for defrauding victims of HK$ 360 million using romance scams tied to fake cryptocurrency platforms. Arresting 27 individuals, some linked to triads, they revealed the sophisticated use of deepfake technology and digital media expertise to deceive victims across Asia. Massive Fraud Syndicate Busted: Deepfake …
Fake Coinbase Sites Steal $20M — How Indian Man Led the Massive Crypto Fraud
A cryptocurrency scam targeting Coinbase users has resulted in a significant theft of over $ 20 million. An Indian national, Chirag Tomar, was sentenced for orchestrating this scheme, where fake websites mimicking Coinbase led to victims surrendering credentials. U.S. authorities revealed how fraudsters used advanced tactics, including remote desktop access and posing as support …
FBI Cracks Down on Illegal Gambling Network Using Fake Crypto
A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange of credits for cash, revealing fraud and money laundering. The only function of this crypto “was to be exchanged for cash at an ATM-like ‘cryptocurrency […]