Articles filed under

Scams

63 articles

March 2023

FastForkast headlines

US accuses exiled Chinese tycoon Guo Wengui of $1 billion crypto-linked fraud

China regulator says NFT-related complaints skyrocketed in 2022

Hong Kong’s crypto scam losses in 2022 more than double from 2021: SCMP

Bitcoin ATM firm accused of profiting from crypto scams via unlicensed machines: U.S. Secret Service

South Korea financial regulator to clamp down on voice phishing involving cryptocurrencies

March 2023

FTX Donations Clawback

The new leadership at FTX are threatening charitable and political organizations with lawsuits if they don’t return donated funds. Will this benefit ordinary depositors?

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South Korea financial regulator to clamp down on voice phishing involving cryptocurrencies

Crypto scammers seize on AI frenzy as fraudulent ChatGPT tokens flood markets

February 2023

Stopping Scalpers

Taylor Swift’s Eras Tour was met with a series of ticketing nightmares as scalpers tried to resell tickets for as high as US$22,000. But could NFTs have solved that problem?

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Crypto scammers seize on AI frenzy as fraudulent ChatGPT tokens flood markets

Crypto, digital assets account for 69% of online investment scams in Hong Kong

January 2023

A year of scams

Crypto proved to be breeding ground for scams in 2022. Will next year be different?

Blockchain Security Issues

The blockchain sphere has been hit with a ton of security issues over 2022. What can we do about it to make things better?

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Crypto, digital assets account for 69% of online investment scams in Hong Kong

January 2023

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Crypto, digital assets account for 69% of online investment scams in Hong Kong

Fake crypto awards on the rise during football world cup: research

Warren Buffet’s Berkshire Hathaway warns of scam crypto site with same name

November 2022

Scammers Paradise?

Crypto crimes are costing Hong Kong billions every year – but what’s being done about it and what can the rest of the world learn from it?

Why the crypto bear market can be a bull for innovation

The market may be in the doldrums, but there’s no better time to clean house and build for the future, writes Clayton Roche of UMA. Here are 5 areas of opportunity.

Brazil police bust crypto group led by ‘Bitcoin Sheikh’

Gold bars, cash, jewelry, cars and luxury watches bought with defrauded funds are seized.

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Warren Buffet’s Berkshire Hathaway warns of scam crypto site with same name

UK High Court shuts down PGI Global for alleged crypto scam

Sam Bankman-Fried to refund FTX phishing victims — just this once

Indian investors allegedly duped in crypto cloud mining scam

October 2022

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Indian investors allegedly duped in crypto cloud mining scam

India financial crime unit cites ‘Chinese-controlled entities’ in alleged crypto fraud

India ED freezes US$1.57 mln in crypto allegedly laundered through WazirX, Binance

Crypto influencer collects, then returns, US$100K from investors in fake scheme

Indian police arrest alleged crypto trickster in US$31 mln scam: report

September 2022

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Indian police arrest alleged crypto trickster in US$31 mln scam: report

Each NFT scam perpetrator gained average of $300,000 in past year: Elliptic report

Apple iPhone maker’s founder distances himself from crypto fraudsters using his image

August 2022

NFT fraud in focus; Bybit job cuts

Crypto exchange ByBit lays off 30% of its staff. And as the NFT market grows, how do we combat against scams?

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Apple iPhone maker’s founder distances himself from crypto fraudsters using his image

August 2022

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Apple iPhone maker’s founder distances himself from crypto fraudsters using his image

Beeple’s Twitter account latest victim to phishing scam hacks

Hong Kong police arrest suspect in nearly US$200,000 crypto theft

The SEC is building a SWAT team to combat crypto crime

May 2022

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The SEC is building a SWAT team to combat crypto crime

Bored Apes Instagram hack nets millions in stolen NFTs

Twitter hacker takes over verified accounts to promote fake Azuki NFT drop

April 2022

Why NFT scams are on the rise — and how to stop them

‘Lazy minting’ may seem affordable but heightens the risk of NFT theft, writes Anthem Blanchard of Herasoft. Is storing NFTs on-chain the solution?

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Twitter hacker takes over verified accounts to promote fake Azuki NFT drop

April 2022

Guilty verdicts handed down in S.Korea’s biggest crypto scam

Seven executives of scam crypto exchange V Global were found guilty on Friday and sentenced to jail time — but it might not be enough to console victims.

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Twitter hacker takes over verified accounts to promote fake Azuki NFT drop

NFTs, metaverse listed as top ‘must watch’ security risks in Hong Kong

Indian crypto investment turns to armed robbery, over $267K looted

Aussie mining billionaire files suit against Meta over crypto ads

February 2022

Indian crypto scam investigated; Kakao’s webtoon NFTs sell out

Indian crypto scam investigated meanwhile Korea’s Kakao’s webtoon NFTs sell out

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Aussie mining billionaire files suit against Meta over crypto ads

Indian authorities seize assets in alleged $162M crypto scam

January 2022

Crypto crash hits Korean game developers; Rug-pull red flags

Crypto crash hits Korean game developers, also how to spot Rug-pull’s red flags

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Indian authorities seize assets in alleged $162M crypto scam

January 2022

Digital yuan scams emerge across China as central bank readies e-CNY

Inner Mongolia police bust yet another digital yuan money laundering case.

How to avoid getting rug-pulled in crypto and DeFi

Scams like the Squid Game Token rug pull are every investor’s nightmare. How to avoid hoaxes and not feel like a fool? Forkast.News explains.

Scams are bullish for crypto

After recent scams were uncovered involving Walmart and Kroger, and Bitcoin Cash and Litecoin, why did the stock prices fall while the crypto prices rallied?

Chinese police raid what may be the nation’s first e-CNY money-laundering case

Police crack a tele-fraud case related to digital yuan money laundering, potentially thanks to the CBDC’s ‘managed anonymity’ feature.

Stablecoin toss to US Congress as regulators circle

Top blockchain and crypto news: Stablecoins at regulatory crossroads. Squid Game crypto players suffer shocking fate. Are metaverses China’s new national insecurity?

BXH suffers US$130 million exploit; Squid game token meets deadly end

BXH suffers US$130 million exploit, also Squid game token meets deadly end

Scams now plague the NFT space. What can be done to stop them?

The big-money world of NFTs is also attracting hackers, thieves and con artists. How do you know if that Ape NFT or digital Banksy is fake?

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Indian authorities seize assets in alleged $162M crypto scam

January 2022

FastForkast headlines

Indian authorities seize assets in alleged $162M crypto scam

January 2022

FastForkast headlines

Indian authorities seize assets in alleged $162M crypto scam