exit scam – DIGIT INFO

Crypto Hacks and Scams Cost $300 Million in August

DIGIT — Sun, 01 Sep 2024 04:30:00 +0000

In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had the highest exploit total loss of just over […]

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User says ZKasino still hasn’t returned ETH months after claims opened

DIGIT — Wed, 14 Aug 2024 22:58:59 +0000

The project claimed it was allowing users 72 hours to sign up to receive their ETH back, but two months later, the funds have not moved.

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$20M bridged ETH returns to ZKasino multisig, raising hopes for a refund

DIGIT — Thu, 09 May 2024 04:57:09 +0000

The 6,021 wstETH recently moved back equates to around two-thirds of the amount that went missing in the exit scam.

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Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m – Certik

DIGIT — Mon, 09 Oct 2023 19:00:21 +0000

The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap.

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Tragedy or rug-pull? Inside the collapse of a ‘charitable’ NFT project

DIGIT — Thu, 17 Aug 2023 20:15:20 +0000

Orica NFT’s charity efforts have succeeded, but its token holders have not, and up until now, its co-founder was nowhere to be found.

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Project takes off with $31.6M in alleged exit scam

DIGIT — Wed, 24 May 2023 13:46:02 +0000

On-chain detective ZachXBT believes that the project has “likely exit scammed” after bridging $31.6 million to multiple addresses on Tron and Ethereum.

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$4M ‘exit scam’ suspected as Kokomo Finance flies off radar, token plunges

DIGIT — Mon, 27 Mar 2023 05:33:48 +0000

Kokomo Finance’s social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes.

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Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull

DIGIT — Wed, 28 Dec 2022 04:04:47 +0000

Defrost Finance had not publicly commented on the rug-pull accusations in the media, until now.

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Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey

DIGIT — Sat, 19 Nov 2022 05:30:48 +0000

A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania this summer, after disappearing last year as the coin trading platform collapsed. Albanian Judiciary Prepares to Hand Over Alleged Crypto Fraudster and […]

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Crypto scammers are using black market identities to avoid detection: CertiK

DIGIT — Fri, 18 Nov 2022 04:04:44 +0000

The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.

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