#scam

Malefactors are not resting, leveraging artificial intelligence (AI) and the likenesses of renowned crypto enthusiasts for deceptive schemes.

Developer using the pseudonym 0xMario has shared his experience demonstrating how alertness and technical acumen prevented him from becoming a scam victim.

A Bored Ape Yacht Club (BAYC) NFT owner, nicknamed Crumz, narrowly avoided a scam orchestrated by an impostor posing as Forbes editor Robert LaFanco. The scammer approached Crumz for a supposed interview about BAYC.

On August 30, Judge Katherine Polk Failla delivered a significant ruling on a case brought forth by Uniswap users who alleged they lost funds due to scam tokens on the platform. She stated that ETH and Bitcoin qualify as crypto commodities, a pivotal factor in her decision to close the Uniswap case.J udge was not persuaded by arguments suggesting Uniswap token sales were subject to the Exchange Act. Failla is also the judge overseeing the SEC’s case against Coinbase.

The country intention to seek a court-ordered shutdown of Facebook unless the social media giant takes decisive action to address alleged investment and cryptocurrency scam advertisements on its platform. According to the Ministry of Digital Economy and Society, over 200,000 individuals fell victim to deceptive Facebook ads. The ministry highlighted that common tactics employed by scammers included crypto investment and trading schemes, often featuring images of celebrities and prominent financial figures, and promising daily returns of up to 30%. The ministry is in the process of gathering evidence regarding these scam advertisements, with their number estimated to be over 5,300.