Scammers | ForkLog

ForkLog 50 18.03.2024

WEX ‘Red Admin’ Verdict Upheld by Moscow Court

On March 18th, the Moscow City Court reviewed an appeal by Alexey Bilyuchenko (Ivanov), the system administrator of the cryptocurrency exchange WEX, against a previous guilty verdict. This was reported by journalist Irek Murtazin. The final statement of Alexey Bilyuchenko (Ivanov). Source: Irek Murtazin’s Telegram channel. Bilyuchenko is accused of embezzling 3.1 billion rubles of […]

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ForkLog 192 14.03.2024

Kaspa Holders Accuse TradeOgre Exchange of Misappropriating Over $6 Million in Coins

Kaspa cryptocurrency holders have reached out to ForkLog, reporting that they have been unable to withdraw their assets from the TradeOgre exchange for over six months. The total estimated loss exceeds $6 million. May 29, 2025 | 10:11Update: Users informed ForkLog that as of May 29, 2025, TradeOgre has enabled the sale of Kaspa and […]

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ForkLog 19 11.03.2024

Crypto Users Suffer $47 Million Loss to Phishing in February

Over 57,000 users fell victim to phishing scams, losing approximately $47 million in digital assets, according to a study by Scam Sniffer. ? [1/6] ScamSniffer’s February Phishing ReportIn February, about 57,000 victims lost approximately $47 million to crypto phishing scams.Compared to January, the number of victims who lost over $1 million decreased by 75%. pic.twitter.com/UgZk0K91lH […]

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ForkLog 17 07.03.2024

Lena Network Denies $2.9 Million Rug Pull Allegations

The price of the recently launched Candy token plummeted by 87% following an alleged rug pull by the developers. According to Etherscan data, on March 6 at 02:30 UTC (04:30 Kyiv/05:30 MSK), the deployment address of the Lena Network liquidity protocol transferred 753.11 ETH, valued at approximately $2.9 million, to the OKX exchange. This led […]

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ForkLog 8 06.03.2024

Kyiv Cyberpolice Dismantle Cryptocurrency Arbitrage Scheme

Kyiv’s Cyberpolice have dismantled a criminal organization whose members were seizing citizens’ cryptocurrencies. The scheme was orchestrated by two residents of the Kyiv region, who enlisted seven individuals from Kyiv, Zhytomyr, Vinnytsia, and Rivne regions. Most of the participants had known each other since childhood. They promoted cryptocurrency earnings through Telegram channels and set up […]

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ForkLog 44 06.03.2024

Incognito Market Darknet Platform Suspected of Exit Scam

The administration of the darknet marketplace Incognito Market is suspected of executing an exit scam, allegedly absconding with “millions” in Bitcoin and Monero. This claim was made by analysts at Dark Web Informer. ?BREAKING?Incognito Market, the 2nd largest Darknet Market, has been confirmed as exit scamming. DO NOT USE INCOGNITO MARKET!!! Please Repost!!! #Darknet #DarkWebInformer […]

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ForkLog 167 06.03.2024

Brother of OneCoin Founder Released from Prison

Konstantin Ignatov, brother of OneCoin cryptocurrency pyramid founder Ruja Ignatova, has been released after three years in prison, according to Bloomberg. The judge deemed the time he spent in custody awaiting the next hearing sufficient, taking into account his cooperation with the prosecution. During the hearing, Ignatov took full responsibility for his actions, as reported […]

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ForkLog 41 26.02.2024

Developers of RiskOnBlast Execute $1.25 Million Rug Pull in Blast Network

On February 25th, developers of RiskOnBlast, a gaming platform on the L2 Blast network, withdrew 420 ETH belonging to users, amounting to approximately $1.25 million, and subsequently disabled the website and social media accounts. 1.@Riskonblast rugged 420 ETH worth $1.25 million from 750+ victims.Scammers lent $497k through @ChangeNOW_io , $360k through @MEXC_Official and $187k through […]

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ForkLog 59 14.02.2024

Uniswap Founder Exposes New ENS Domain Scam

Hayden Adams, the creator of the decentralized exchange Uniswap, has highlighted a new attack vector targeting cryptocurrency users through the Ethereum Name Service (ENS). first time I’ve seen this scam, so posting it as a heads up for users and interfaces someone bought the ens “[myEthereumAddress].eth” so when you paste in my address, the top […]

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ForkLog 11 11.02.2024

Former Heartland Tri-State Bank CEO Accused of Embezzling $47 Million for Cryptocurrency Purchases

Shane Hanes, the former CEO of Heartland Tri-State Bank, has been accused of illegally appropriating $47.1 million of client funds, which he invested in digital assets. According to documents from the Kansas District Court, Hanes began purchasing cryptocurrency with personal funds in December 2022. By early 2023, he had used money from a local church […]

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ForkLog 77 06.02.2024

AI-Generated Documents Service Circumvents KYC on Major Crypto Exchanges

A new online service, OnlyFake, has emerged offering AI-generated documents for KYC verification for $15, according to 404 Media. The platform generates fake driver’s licenses and passports from 26 countries, including the US, Canada, the UK, Australia, and several EU nations, accepting cryptocurrencies as payment. OnlyFake produces realistic images of IDs against backgrounds like wallpapers […]

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ForkLog 9 05.02.2024

Employee Duped by Deepfake Colleagues in $25 Million Scam

In Hong Kong, an employee of a multinational company transferred $25 million to fraudsters after a video call with “colleagues” who turned out to be deepfakes, according to local media. The incident occurred in January. The victim received an invitation, purportedly from the firm’s chief financial officer, to an online video meeting to discuss a […]

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#Scammers