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For those who may have been targeted by a crime or scam—whether or not it's crypto-related—the FBI encourages individuals to file a complaint with its Internet Crime Complaint Center (IC3).
The crypto market was heating up and Fred, who is in his 60s and lives in Connecticut, figured it was a good time to shift some of the positions he held in his Coinbase account. After encountering ...
Here, fraudsters lure victims through dating apps or social media, posing as cryptocurrency experts “who promise high returns on investments in what appears to be a legitimate crypto exchange ...
In 2016, the darknet market (online black market) Evolution was previously cited as the biggest exit scam yet, where the administrators apparently made off with $12 million in bitcoin, which was held in escrow on the marketplace. [6] Most exit scams and Ponzi schemes involving cryptocurrencies take place in the context of initial coin offerings ...
A pig butchering scam (in Chinese sha zhu pan [114] or shazhupan, [115] (Chinese: 杀猪盘), translated as killing pig game) [113] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme. [116]
Coinbase, an app used to buy, store and trade different cryptocurrencies [39] Coinbase Pro, a professional asset trading platform for trading digital assets [121] Coinbase Wallet, an app that allows customers to access decentralized crypto apps (dapps) using a dapp browser [122]
Chirag Tomar used the stolen crypto to purchase Lamborghinis, expensive watches, and vacations to Dubai. Con artist who used fake Coinbase sites to steal $20 million sentenced to prison Skip to ...
Crypto has the potential to grow in value over time. Bitcoin, perhaps the best-known currency, is currently valued at over $17,000 but was worth $3,000 just a few years ago. Imagine what your...
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