Scammers | ForkLog

ForkLog 18 03.03.2025

Fraudsters Deceive Britons Out of Seed Phrases, Steal $1.2 Million in Cryptocurrency

Fraudsters exploited a personal data leak of Kent (UK) residents to steal approximately $1.2 million in cryptocurrency from nine individuals, as reported by local police. According to the warning, the perpetrators used personal information to create fake crime reports. After preparing the documents, the scammers contacted the victims, posing as law enforcement officers, […]

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ForkLog 49 03.03.2025

Court Dismisses SEC Lawsuit Against HEX Founder

The Eastern District Court of New York found part of the arguments by the SEC unsubstantiated in the case against the founder of HEX, PulseChain, and PulseX, Richard James Schueler, better known in the crypto industry as Richard Heart. According to the judge, the regulator failed to establish personal jurisdiction over Heart, a U.S. citizen […]

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ForkLog 35 03.03.2025

US Authorities to Return $8.2 Million to Crypto Scam Victims

US authorities will return $8.2 million seized from fraudsters who acquired the funds through a “wrong number” scheme. The scammers deceived individuals via text messages, posing as acquaintances who had supposedly sent a message to the “wrong number.” They built trust with the victims before persuading them to invest in fake crypto platforms promising high […]

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ForkLog 215 28.02.2025

Pi Network Rebuts Fraud Allegations by Bybit CEO

The Pi Network team responded to allegations from Bybit exchange CEO Ben Zhou, who called the application a scam, in a comment to Cointelegraph. The issue arose from a post on an X-account titled “unofficial Pi Network tech team,” which claimed the platform rejected a listing offer from Bybit, which is “losing market position.” Zhou […]

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ForkLog 41 27.02.2025

Pump.fun’s X Account Hacked to Promote Fraudulent Tokens

On February 26th, the X account of the “meme token factory” Pump.fun was hacked to promote fraudulent coins. The project team regained access to the account the same day.

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ForkLog 22 27.02.2025

US Justice Department Announces Extradition of Gotbit Founder

The founder and CEO of market maker Gotbit, Aleksei Andriunin, has been extradited from Portugal to the United States to face charges related to cryptocurrency fraud. This was reported by the US Department of Justice.

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ForkLog 32 26.02.2025

Raids Conducted in Moldovan Cities Over Cryptocurrency Exchange Fraud

The National Anti-Corruption Center of Moldova (CNA) and the capital’s prosecutor’s office announced a series of raids in the cities of Chisinau, Edinet, and Ungheni as part of an investigation into fraud. According to the CNA, a group of criminals deceived an elderly woman into investing 400,000 lei (over $21,500) through unnamed cryptocurrency platforms. They […]

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ForkLog 39 26.02.2025

User Loses Over $760,000 Due to Address ‘Poisoning’

A user inadvertently sent a large sum to a scammer’s wallet due to transaction history ‘poisoning’. Analysts at Scam Sniffer highlighted the incident. ?? A victim lost $763,662 due to transaction history poisoning — copied an address matching first 4 + last 6 chars of the real address. pic.twitter.com/i6KUl6la6a — Scam Sniffer | Web3 Anti-Scam […]

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ForkLog 24 24.02.2025

Expert Reveals How Scammers Exploit Trading Bots

Fraudsters are developing fake tokens with hidden backdoors to attack AI trading bots engaged in sniping. Kan Li from CertiK discussed this in an interview with Decrypt. This trading software monitors on-chain activity to identify new coins and purchases assets within seconds of liquidity appearing. Profits are derived from the subsequent price increase. The expert […]

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ForkLog 18 24.02.2025

KIP Protocol Denies Involvement with LIBRA Meme Coin

KIP Protocol was not involved in the development or launch of the LIBRA meme token, finding itself entangled in the situation due to the actions of third parties. According to representatives, the project did not profit from the coin. STATEMENT FROM KIP ON $LIBRA LAUNCH24 February 2025 We recognize the harm that the $LIBRA situation […]

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ForkLog 20 24.02.2025

KIP Protocol Denies Involvement with LIBRA Meme Coin

KIP Protocol was not involved in the development or launch of the meme token LIBRA, finding itself entangled in the situation due to the actions of third parties. According to representatives, the project did not profit from the coin. STATEMENT FROM KIP ON $LIBRA LAUNCH24 February 2025 We recognize the harm that the $LIBRA situation […]

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ForkLog 25 21.02.2025

Pi Network Token Plummets 50% Following CEX Listing

The initial results of Pi Network (PI) token’s listing on centralized exchanges have disappointed investors, with Bybit co-founder and CEO Ben Zhou labeling the project a scam. Launched in 2019, the Pi Network app allows users to mine PI on mobile devices. On February 20, 2025, the team launched the Open Network mainnet. Several CEX, […]

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