#CryptoFraudAwareness

Crypto scammers circle back, pose as lawyers, steal an extra $10M in truly devious plan

by

June 25, 2024 at 02:33PM The FBI reported that scammers posing as helpful lawyers defrauded victims of approximately $10 million in crypto scams within a year. These scammers prey on the vulnerable, claiming to recover lost tokens for a fee, and even impersonate government agencies. Beware of cryptocurrency recovery services and report such scams to … Read more

US moves to recover $2.3 million from “pig butchers” on Binance

by

March 15, 2024 at 02:08PM The U.S. Department of Justice has recovered $2.3 million in cryptocurrency related to a pig butchering fraud scheme. The scam involved deceiving victims into depositing cryptocurrency into fake investment sites, resulting in significant financial losses. The DOJ traced the recovered funds to 36 victims across the country. The FBI warned … Read more