Scams – Page 14 – DIGIT INFO

Australian regulator trials auto take-down of crypto scam sites

The ACCC is using a countermeasures service from the UK-based Netcraft, which has been providing a similar service to the UK’s National Cyber Security Centre.

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Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds

A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access to crypto assets. Russian Pyramids Take Advantage of Western Sanctions […]

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Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds

The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for the activities of these people, also known as ‘droppers.’ Law Enforcement in Russia Targets Droppers Involved in Fraudulent Crypto Schemes The Ministry of Internal […]

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BNB Chain launches DApp platform with ‘Red Alarm’ to warn users about scams

DappBay’s Red Alarm is a contract risk scanning tool that helps users identify high-risk projects to avoid rug pulls and frauds.

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The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected

In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get the so-called ‘free’ crypto assets. The following is a look at two different […]

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