Tag: Phony

  • Scam Alert: How Investors Lost $90k on a Phony Crypto Platform

    Scam Alert: How Investors Lost $90k on a Phony Crypto Platform

    In the recent unfolding of events in Odisha, India, an intricate cryptocurrency scam has come to light, revealing the loss of over INR 7.6 million (approximately $90,604) by investors to a cunningly devised fake crypto trading platform. Named GBE crypto Trading Company, this platform masterfully mimicked reputable entities to lure investors into a false sense…

  • The Secret Scam: A Sports Brand’s Use of Phony Stars to Hype a Crazy Crypto Craze

    The Secret Scam: A Sports Brand’s Use of Phony Stars to Hype a Crazy Crypto Craze

    In the dynamic and often unpredictable world of cryptocurrency, the lines between innovative marketing strategies and outright deceit can sometimes blur. A recent case involving a nutritional supplements company sheds light on this gray area. The company, Insane Labz, reportedly devised a marketing scheme that, while initially successful, ultimately led to a dramatic unraveling. Introduction…

  • New Cryptocurrency Scam Utilizes Phony Video Call Invitations

    New Cryptocurrency Scam Utilizes Phony Video Call Invitations

    In the ever-evolving world of technology and online finance, a new wave of cyber threats is making headlines and causing significant losses to unsuspected victims. Among these, a sophisticated scam involving fake Zoom links is specifically targeting NFT (non-fungible token) holders and cryptocurrency enthusiasts. The threat doesn’t stop there; with advancements in artificial intelligence, Europol…