Scammers

Crypto Scammers Bait Thieves with Public Seed Phrases in New Scheme: Kaspersky

Crypto Scammers Bait Thieves with Public Seed Phrases in New Scheme: Kaspersky

A new crypto scam appears to be flipping the script on thieves. By publicly sharing seed phrases, scammers set up bait wallets that entangle opportunists in a deceptive scheme designed to exploit their attempts to steal funds. According to cybersecurity firm Kaspersky’s latest findings, scammers post crypto wallet seed phrases on YouTube comments using newly […]

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Here’s How Scammers Have Improved Their Tactics in Address Poisoning Attacks

Here’s How Scammers Have Improved Their Tactics in Address Poisoning Attacks

Scammers have taken their tactics to the next level and are now using real funds in address poisoning attacks. A recent incident where a victim lost nearly $50k was brought to light through a post on X by Cyvers Alerts, a platform dedicated to raising awareness about online threats. Crypto Users Targeted with Real ETH

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Crypto Scammers Swipe $123K in stETH from Nest Wallet Founder in Fake Airdrop

Crypto Scammers Swipe $123K in stETH from Nest Wallet Founder in Fake Airdrop

The Nest Wallet founder has lost his life savings in an elaborate fake crypto airdrop scam. Image by Kerem Goktug Kaya, DALL-E 3. In a sobering reminder of the prevalence of cryptocurrency scams, Nest Wallet co-founder Bill Lou revealed on Tuesday he fell victim to an elaborate fake airdrop scheme resulting in the theft of

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Scammers Banked $59 Million in Crypto Exploiting Google Ads

Scammers Banked $59 Million in Crypto Exploiting Google Ads

Source: Adobe / zedtox Scammers have over the past nine months used a wallet-draining service named “MS Drainer” to siphon around $59 million worth of crypto from numerous victims, according to a recent report by blockchain security firm Scam Sniffer. The scam operated through Google Ads, targeting victims with counterfeit versions of popular crypto platforms

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