It may simply be a question of timing, media attention, and the direct involvement of the #2 person in the line of POTUS succession, but the arrival today of a House Speaker Pelosi-led U.S. …
The rise of fake cryptocurrency apps and how to avoid them
Scammers have been taking advantage of blockchain’s decentralized and immutable nature to swindle crypto investors since the advent of the technology. And, according to the latest FBI fraud report, …
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European Police Arrest 100 Suspects in BEC Crackdown
A recent announcement from the European police revealed that the security force conducted two major operations against business email compromise (BEC) fraudsters, leading to the arrests of almost 100 …
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Coinbase under investigation after outburst against SEC
Just days after the leading U.S. crypto exchange admonished the SEC for inserting itself into an ongoing case of insider trading prosecuted under wire fraud, the company appears to find itself the …
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Cryptocurrencies & Blockchain Make Inroads Into Energy Markets, For Good And For Bad
In June, the FBI warned the public of a LinkedIn scam where users were lured into making significant investments in fraudulent cryptocurrencies. After trust was established, victims were convinced to …
Medical Device Maker to Pay $13m in False Claims Case
Berlin-based Biotronik, a medical device manufacturer, has agreed to pay a multimillion dollar settlement due to healthcare fraud allegations claiming that the company violated the False Claims Act. …
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Cryptocurrency’s first insider trading scheme leads to 3 being charged
A former employee of the cryptocurrency exchange platform Coinbase and two others were charged by the U.S. Securities and Exchange Commission for alleged insider trading valued at more than $1.1 …
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Blockchain security experts uncover two popular scam projects with millions laundered
With the alarming rate of scams in the crypto industry, blockchain security company PeckShield has raised the alarm about Freedom Protocol and Raccoon Network as scams. The industry-leading blockchain …
FBI warns of phony cryptocurrency apps aiming to steal money from investors
The Federal Bureau of Investigation has released an advisory warning cryptocurrency investors and firms to be wary of fraudulent cryptocurrency apps that aim to steal money from victims. The advisory …
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Uniswap Under Attack: $8M Lost in ETH as Users Succumb to Phishing
Uniswap has become the latest victim of a phishing attack, which have become a trademark scheme by crypto hackers in 2022. This time, Uniswap’s V3 liquidity pool (LP) suffered an exploit in which NFT …
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