Scammers | ForkLog

ForkLog 18 11.01.2025

Wolf Capital co-founder pleads guilty to $9.4m crypto scam

Wolf Capital investment firm co-founder Travis Ford pleaded guilty to creating a fraudulent scheme that harmed 2,800 investors. According to investigators, he stole $9.4 million by promising clients extraordinarily high returns.

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ForkLog 12 10.01.2025

Malicious actors cost crypto more than $3bn in 2024

Losses from malicious activity in the crypto industry topped $3.01 billion in 2024, according to PeckShield. #PeckShieldAlert 2024 has witnessed a significant resurgence in crypto-related hacking activities. The total value of loss in 2024 has exceeded $3.01B, reflecting a ~15% increase over the $2.61B stolen in 2023. This total includes $2.15B stolen from crypto hacks […]

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ForkLog 39 10.01.2025

South Korean entertainment executive accused of crypto scam

Kang Seung-kon, a director at major South Korean production house Cube Entertainment, is suspected of deceiving crypto investors, according to local outlet Hankyung. According to unnamed sources, he urged acquaintances and colleagues to invest in the Nestree (EGG) cryptocurrency issued by blockchain project Nestree Media Group. Kang also allegedly guaranteed the return of capital. In […]

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ForkLog 93 31.12.2024

Founder of Charity Meme Coin Mira Accused of Fraud

Community members have accused Siqi Chen, the creator of the charity meme coin Mira (MIRA), of an exit scam involving the token Zero. so i launched a test token called zero, with the description: “this is going to zero … do not buy it” thinking that people would read it and not buy it. i […]

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ForkLog 9 30.12.2024

Hackers Exploit ‘Microphone Debugging’ to Steal Crypto Assets

Job seekers in cryptocurrency firms have encountered a new cybercriminal scheme aimed at stealing their assets, according to MetaMask developer Taylor Monahan. ? Heads up all—some dudes have a slick, new way of dropping some nasty malware. Feels infostealer-y on the surface but…its not.? It’ll really, deeply rekt you. Pls share this w/ your friends, […]

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ForkLog 24 26.12.2024

Former Bithumb Holdings CEO Sentenced to 4.5 Years for Bribery

The former CEO of Bithumb Holding, An Seong-hun, has been found guilty of fraud and sentenced to 4.5 years in prison. The decision was handed down by the Seoul Southern District Court on December 26, according to local media. Court documents reveal that between September and November 2021, An Seong-hun, along with another former CEO […]

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ForkLog 49 25.12.2024

Hacker Profits $500,000 from X Account Crypto Scam

Over the past month, a hacker breached more than 15 X accounts through phishing and used them to promote fraudulent meme token schemes, according to on-chain detective ZachXBT. 1/3 A threat actor has stolen ~$500K over the past month by compromising 15+ X accounts (Kick, Cursor, Alex Blania, The Arena, Brett, etc) from sending targeted […]

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ForkLog 25 24.12.2024

Meme Coin Boom Draws Scammers to Solana Network, Hacken Reports

The Web3 market’s cumulative losses for 2024 have exceeded $2.9 billion, encompassing damages to DeFi, CeFi platforms, gaming, and metaverses. In 78% of cases, access control vulnerabilities were the cause of breaches, according to a report by Hacken. Data: Hacken. Analysts noted that losses in the DeFi segment decreased by 40% compared to the previous […]

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ForkLog 8 24.12.2024

Chornomorsk Resident Defrauded in Bitcoin Purchase

A 37-year-old resident of Chornomorsk in the Odesa region fell victim to fraudsters while attempting to purchase 1 BTC. This was reported by local Telegram channels. According to the victim, he decided to buy the cryptocurrency during an “online sale” at a price of 43,000 hryvnias per coin. After transferring the money, the seller ceased […]

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ForkLog 62 24.12.2024

Russian Authorities Arrest S-Group Founders Over $100 Million Fraud

Russian police have dismantled the operations of Sincere Systems Group LTD (S-Group), suspected of defrauding clients of over $100 million under the guise of investments. This was reported by the Ministry of Internal Affairs of Russia. According to case materials, S-Group, established by Ukrainian citizens, has been operating in Russia since 2020, with branches in […]

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ForkLog 19 24.12.2024

Seed Phrases in YouTube Comments: Analysts Uncover New Scam

Fraudsters are posting cryptocurrency wallet addresses and their seed phrases in YouTube comments as part of a new scam to steal funds. This was reported by analysts at Kaspersky Lab. They discovered these messages under videos related to finance. Posing as inexperienced users, the scammers request help with cryptocurrency transfers and provide links to wallets […]

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ForkLog 29 23.12.2024

US Prosecutors Seek 60-Year Sentence for NFT Fraudsters

Two California residents have been charged with NFT-related fraud resulting in damages amounting to $22 million, according to the US Department of Justice. According to court documents, Gabriel Hay, known by the aliases Mr. Handz and Vaultkeeper, and Gavin Mayo, known as Gavinm, launched fraudulent projects Vault of Gems and Faceless. Investors were promised high […]

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