scam Archives

Beware the fake fundraisers looking for cryptocurrency for Ukraine

Posted on March 10, 2022 by admin

During Russia’s invasion, charities supporting Ukraine turned to cryptocurrency donations to raise funds. The gamble on virtual currency worked and Ukraine’s government raised over $50 million in cryptocurrency within a week after launching wallets that could be used to directly receive donations. However, there are also those who are taking advantage of the situation for […]

Teen scammer in the UK has $2.7 million in cryptocurrency seized by police

Posted on October 27, 2021 by admin

A teenager in the UK who set up a phony site as a feature of a “complex digital misrepresentation” has had more than £2 million ($2.7 million) of cryptocurrency seized by police. The unidentified 17-year-old used the site to trick clients of a digital gift card site into entering their details. He took £6,500 ($8,923) […]