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The safest way to spot a scam is to expect them, according to Al Alof, CEO of the crypto and currency exchange ChicksX. “Many crypto coins are created intentionally to scam those who purchase ...
A “rug pull” is a crypto scam where the founders of a cryptocurrency basically just disappear one day and take all their tokens – your money – with them. A well-publicized rug pull ...
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).
A pig butchering scam (in Chinese sha zhu pan [116] or shazhupan, [117] (Chinese: 杀猪盘), translated as killing pig game) [115] is a type of long-term scam, which usually but not always combines the various forms of romance scams and investment frauds, in which the victim is gradually lured into making increasing contributions, usually in ...
A pig butchering scam (in Chinese sha zhu pan [2] or shazhupan, [3] (Chinese: 杀猪盘), translated as killing pig game) [1] is a type of long-term scam, which usually but not always combines the various forms of romance scams and investment frauds, in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent ...
The price of the meme coin spiked following Milei's promotion but then suffered a severe price drop, leading to allegations of a rug pull scam and $250 million in losses for investors. [1] This scandal has been dubbed Cryptogate. [2] [3] [4] The Economist called it the "first big scandal" of Milei's presidency. [5]
Another scam that is as old as currency itself is now affecting crypto investors. Just like criminals who create fake dollar bills or gold coins, now there are AI agents that can create fake ...
According to the latest available data from the FTC, more than 46,000 people in the U.S. reported losing an accumulative $1 billion to crypto scams between January 2021 and June 2022. In 2021 ...