A man based in the Bay Area, California, lost about $1.2 million in a Silicon Valley crypto scam that was targeted at many other investors in the region. Federal investigators noted that such fraud cases are known as “pig butchering,” which are growing at an increasing rate across California. Most …
Read More »Kazakhstan Crypto Mining Hotel Probed Due To Ponzi Scheme
A Kazakhstan crypto mining hotel has faced a probe recently as it is suspected of being involved in Ponzi scheme activities. It is considered as one of the serious crypto-related crimes that any organization may choose to undertake. This is why the nation’s authorities decided to investigate the matter to …
Read More »5 Popular Crypto Scams Of 2022 That Wiped Off Millions
The crypto domain has unexpectedly stretched its roots into numerous sectors. Moreover, its potential reach is estimated to be better than this. But the risks have also doubled with the increasing opportunities. This is due to the fact that the number of crypto crimes has been rising. Halfway into this …
Read More »Blockchain Hacking: Nearly $500 Million Lost In Q3 2022
Blockchain hacking is becoming much more common than ever. This is why a lot of crypto funds have been drained into the hands of hackers. The crypto market is in a deep slumber and still, and the hackers in this domain have still not ceased their activities to profit from …
Read More »