Scams


Finance

Crypto Holders Sue Apple Over ‘Fake’ Wallet App Scam

The lawsuit alleges that a fake wallet app was used to cheat customers out of more than $5 million in crypto holdings.

Apple's logo (Shutterstock)

Finance

Eastern Europe Received Over $1B of Illicit Crypto in a Year: Chainalysis

The region is second highest for cryptocurrency scams, behind only Western Europe, a report says.

Hacker attacking internet

Markets

SEC Official Calls Crypto Scams the ‘Flavor of the Year’

Scams involving celebrity endorsements of digital assets are becoming more common.

Scammer

Markets

Esports Organization FaZe Clan Drops 1 Member, Suspends 3 Following Alleged Crypto Scam

Frazier "Kay" Khattri has gotten the boot, while Jarvis Khattri, Nikan Nadim and Jakob Teeqo have been suspended until further notice.

alvaro-reyes-n1RZNBcsQ24-unsplash

Markets

UK Financial Watchdog Warns That ICO Crypto Is a Clone Company

The firm was identified as using details of the legitimate company, Swiss Re Capital Markets.

The FCA's website.

Markets

Dutch Police Arrest Three in Pump-and-Dump Scheme Involving Self-Made Cryptocurrency

The arrests resulted from an investigation of the cryptocurrency exchange Coinhouse.eu.

Dutch police say additional arrests may be possible.

Markets

Apple Co-Founder Steve Wozniak Loses Case Against YouTube Involving Bitcoin Scam

A California superior court judge ruled the social media giant was not responsible for its users' content.

Apple's Steve Wozniak sued YouTube over crypto giveaway scams.

Markets

OnePlus Founder's Twitter Account Hacked to Promote Crypto Scam

Carl Pei seemed be tweeting that his new company was launching a crypto.

OnePlus Co-founder Carl Pei

Markets

Twitter Scammers Used Elon Musk's 'SNL' Appearance to Reap $100K in Crypto

The scammers reportedly hijacked verified Twitter accounts to promote a fake giveaway by the Tesla CEO.

Twitter phone box

Markets

WallStreetBets Members May Have Lost Over $2M to Telegram Crypto Scam: Report

WSB members were encouraged to buy a new token called WSB Finance on a Telegram account not affiliated with the subreddit.

Telegram mobile app