Crypto Scams

The latest crypto scam on Twitter Inc (NYSE: TWTR) comes from a fraudulent SpaceX account that bore the “blue tick” verification badge awarded by Twitter. What Happened: In comments posted in response to Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk’s latest tweet, an...

A deepfake video depicting an AI-version of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is going viral, once again. What Happened: The deepfake video appears to show Musk explaining how Tesla will give away 2 Bitcoin (CRYPTO: BTC) for every one Bitcoin sent to the scammer’s wallet address. Another...

As the crisis in Ukraine grows amid the Russian invasion, many fraudulent schemes and charities have been using the situation as a money minting opportunity. What Happened: The Federal Bureau of Investigation has warned U.S. citizens to remain cautious of fraudulent schemes that are seeking...

The United States Securities and Exchange Commission is in the process of hiring 20 cryptocurrency experts for its enforcement units to better confront the illegal activities conducted with the use of digital assets such as Bitcoin (CRYPTO: BTC). What Happened: The SEC's...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk reacted to a cryptocurrency scam post on Thursday which advocated Dogecoin (CRYPTO: DOGE) as a solution to Twitter Inc's (NYSE: TWTR) scam problems. What Happened: Musk took to Twitter on Thursday to say that if the bid on the social media...

Elon Musk made headlines this week with the public revealing he was the largest shareholder in Twitter Inc (NYSE: TWTR). The news likely ends there and contrary to what some are sharing, Musk is not thinking of buying another social media company. What Happened: A verified Facebook account showing...

An Australian regulator has decided to sue Meta Platforms Inc (NASDAQ: FB), alleging the Facebook parent engaged in false or misleading cryptocurrency advertisements. What Happened: The ​​Australian Competition & Consumer Commission (ACCC) alleged on Friday that...

Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk said he is working on the third iteration of his “Master Plan” but a scam artist is also hard at work capitalizing on the announcement.  What Happened: A fraudulent, but blue-tick sporting, Twitter handle using the same profile...

An imposter account, pretending to belong to Ethereum (CRYPTO: ETH) co-creator Vitalik Buterin on Instagram, the social network run by Meta Platforms Inc (NASDAQ: FB), is allegedly engaging over 570,000 people with sponsored paid advertisements and a staking scam. What Happened: The Instagram page...

An alleged scammer has gone missing in Turkey with 350 million Dogecoin (CRYPTO: DOGE) valued at nearly $119.14 million, as per local media reports. What Happened: Turgut V. organized one-on-one meetings and promoted “Dogecoin mining” at luxurious venues in order to lure investors and...