The law enforcement agencies of the UAE are known for their strict stance on maintaining order. The UAE is a place where people from all around the world come to conduct business and earn a living. Therefore, it also attracts a lot of scammers and financial criminals who are looking to find vulnerable victims and […]
Apostolos Trovias is a long-time dark web user and self-proclaimed financial advisor. He has been in the business of offering his consumers advice for making financial decisions. The SEC officials recently took the guy into custody for committing legal and financial frauds. Trovias is facing charges like money laundering and theft of sensitive information. The […]
Brandon Larson is a young American man who wanted to be a cryptocurrency investor. While he had big plans for turning his crypto investments into millions, he had no idea of the trap he was falling into. After doing a lot of research and collecting a sizeable income to spend on cryptocurrencies, Larson went on […]
The Federal Bureau of Investigation (FBI) has recently issued a high alert for public safety. The alert wants to educate the retail investors from risks posed by threat actors who have been active for years. These massive crypto-related attacks that were intercepted by Bleeping Computer claim that bad actors are planning to raid the investors […]
The South Korean Central Customs has detained 33 persons of interest who are prime suspects in an ongoing crypto scam. The said scam has managed to send over 1.69 trillion won offshore with the help of crypto exchange platforms. This amount makes up for 1.48 billion USD. The sting operation that involved several agencies of […]
Mark Alexander Hopkins, also known as Doctor Bitcoin, was detained by the Department of Justice a few weeks ago. Recently Hopkins has pleaded guilty to the charges and facing five years in federal prison. He ran a fiat to cryptocurrency converting service in Texas. A new press release from DOJ posits that Hopkins failed to […]
The investXE is a crypto trading platform that claims to be the legitimate exchange market since 2020. However, the origins and management of the company are unknown thus far. A few weeks ago, the investors who were using the platform started to register complaints about the services that are provided by the platform. The trading […]
Cybercriminals and digital assets go hand in hand with each other. Such is the conclusion drawn by the politicians and police after a series of large-scale cyber-attacks took place in succession. Eric Swalwell is a lawyer gone congressman who represents the Democratic Party. But, for the better part of the last few years, he has […]
There are hardly any people who do not like to play games online. Over the years, gaming laptops and custom PCs have become a huge market. However, many people are fond of going to dodgy places to find a pirated version of their favorite gaming franchise. This action does not happen without consequences. The crypto […]
From time to time, the news about different types of malware kept arising in the market. However, the difference this year is that more hackers and bad actors are concentrating their attention on the rapidly growing cryptocurrency market. Another such incident has come forward in the shape of HackBoss. It is malware that enters into […]
The news of the new victim of cryptocurrency crime has surfaced in the media recently. The UK local who wants to remain anonymous recently approached police after getting threatened by bad actors. According to police records, the scammers approached their victims through a phone call. The pitching speech of the scammers was about Bitcoin. Taking […]
Dubai coin was a government-backed cryptocurrency project launched a few years ago. The ArabianChain Technology is a blockchain project that is based in UAE. It was behind the launch and introduction of the Dubai coin in 2017 as a test project. However, the project was folded, and a cryptocurrency exchange Palmex shelved all coins. This […]
Cryptocurrencies cannot be operated without cloud servers and the internet. However, there are a good number of investors who want to switch to cold storage wallets that are dedicated hardware. Many brands offer their consumers hard drives like USBs that can be used to store their digital assets away from the reach of malware and […]
The Delhi Police took K.K. Singh into custody over charges pressed by a Nepal student. K.K. Singh is the father of world-renowned climate change activist Licypriya Kangujam. Kangujam is only nine years old, and she has taken on the mission of raising awareness about the dire impacts of climate change. The child activist has addressed […]
Not long ago, New Zealand’s biggest stock exchange NZX Ltd. was subjected to a massive cyber-attack. The problem was first noted by the traders when the stock exchange started to slow down. Gradually, it started to crash so often that it seemed impossible to post any new marketing announcement. Within an hour, the news spread […]
The notorious hacking group Dark side went silent a few days after the Gas Pipeline incident took place. Last month hackers took possession of the pipeline and demanded exertion payments in the form of cryptocurrencies. At the time of the incident, the US authorities were not prepared for dealing with the cyber-attack, and they had […]
Lazarus is a hacking group considered to be backed by the State of North Korea. It seems that a series of hacking attempts from 2018 to 2020 targeting digital wallets belonging to exchanges and their employees can be traced backed to Lazarus. Reports compiled by cybersecurity organization ClearSky indicate that the notorious hacking group might […]
Spain is no stranger to financial issues and legal troubles. However, a new epidemic of crypto-related scams has started to pile up in the courtrooms of Spain. The local newspapers of Spain claim that the regional tribunals are faced with settling and trying cryptocurrency scams consisting of Bitcoin and Ethereum. The reports claim that these […]
Steve Wozniak is the lesser-known co-founder of the multibillion-dollar tech company Apple Inc. A few days ago, a questionable private channel on YouTube created a video that used Wozniak’s image and video clips for conducting a crypto scam. The video showed endorsements by the Apple co-founder about how he is calling out for sending digital […]
As reported by the Straits Times, cryptocurrency crimes have increased exponentially since 2018. As per careful estimates, the crypto criminals have been able to rake in about $29 million since the last three years. As per the data by the law enforcement agency, about 400 unique complaints were launched by the citizens during the last […]
