SCAMalerts
199,559 views
78 Posts
Hot
Latest
đš âč2,200 Crore âOnline Tradingâ Scam Busted in Assam, 38 Arrested đš
In a major crackdown, Assam police have arrested 38 people across the state in connection with a massive âč2,200 crore online trading scam that ran for nearly three years. The scam, masterminded by 22-year-old Bishal Phukan from Dibrugarh and his associate Swapnanil Das from Guwahati, lured investors by promising to double their money within 60 days.
The scam began by returning small profits to investors, with interest rates as high as 30-50%, but stopped once larger sums started pouring in. Many investors even took loans of âč10-15 lakh to invest, only to be defrauded.
Assam's Chief Minister Himanta Biswa Sarma urged the public to avoid fraudulent schemes, advising them to stick to authorized stockbroking through demat accounts. "No one can offer 25-30% interest; these are traps," he said, urging vigilance.
Phukan and Das flaunted a lavish lifestyle, attracting police attention with high-end cars, luxury properties, and social media posts from foreign trips. The police are also investigating actor-choreographer Sumi Borah, who allegedly received expensive gifts from Phukan, including a grand wedding at a Rajasthan resort.
#BinanceLaunchpoolHMSTR #ScamAware #SCAMalerts t #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI $DOGS
$SOL
$PEPE
The scam began by returning small profits to investors, with interest rates as high as 30-50%, but stopped once larger sums started pouring in. Many investors even took loans of âč10-15 lakh to invest, only to be defrauded.
Assam's Chief Minister Himanta Biswa Sarma urged the public to avoid fraudulent schemes, advising them to stick to authorized stockbroking through demat accounts. "No one can offer 25-30% interest; these are traps," he said, urging vigilance.
Phukan and Das flaunted a lavish lifestyle, attracting police attention with high-end cars, luxury properties, and social media posts from foreign trips. The police are also investigating actor-choreographer Sumi Borah, who allegedly received expensive gifts from Phukan, including a grand wedding at a Rajasthan resort.
#BinanceLaunchpoolHMSTR #ScamAware #SCAMalerts t #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI $DOGS
$SOL
$PEPE
đš ALERT: Top Cryptocurrency Scams You Should Know About đš
The crypto world offers huge returns but is also rife with scams. Scammers constantly devise new ways to exploit investors. Here are some of the biggest scams to watch out for:
1. FTX: Collapsed in November 2022, losing billions of customer funds. Founder Sam Bankman-Fried received a 25-year sentence for fraud.
1. Luna and TerraUSD: Lost $60 billion in May 2022; founder Do Kwon was arrested in March 2023 for his role in the crash.
1. QuadrigaCX: After founder Gerald Cottenâs death in 2018, $215 million vanished. Later, it was revealed as a Ponzi scheme.
1. Africrypt: In 2021, 70,000 BTC were stolen, and founders Ameer and Raees Cajee are under investigation for laundering.
Other scams include:
- SafeMoon
- Proodeum
- Pincoin
- Celsius Network
- Centra Tech
- Mining Max
All of these left investors with major losses.
How to Protect Yourself:
Always research thoroughly, verify team credentials, and beware of promises that sound too good to be true. Caution is your best defense against these schemes.
#SCAMalerts #DOGSONBINANCE #TON #BNBChainMemecoins #TelegramCEO
1. FTX: Collapsed in November 2022, losing billions of customer funds. Founder Sam Bankman-Fried received a 25-year sentence for fraud.
1. Luna and TerraUSD: Lost $60 billion in May 2022; founder Do Kwon was arrested in March 2023 for his role in the crash.
1. QuadrigaCX: After founder Gerald Cottenâs death in 2018, $215 million vanished. Later, it was revealed as a Ponzi scheme.
1. Africrypt: In 2021, 70,000 BTC were stolen, and founders Ameer and Raees Cajee are under investigation for laundering.
Other scams include:
- SafeMoon
- Proodeum
- Pincoin
- Celsius Network
- Centra Tech
- Mining Max
All of these left investors with major losses.
How to Protect Yourself:
Always research thoroughly, verify team credentials, and beware of promises that sound too good to be true. Caution is your best defense against these schemes.
#SCAMalerts #DOGSONBINANCE #TON #BNBChainMemecoins #TelegramCEO
Simplifying Web3: Discover dappOS and Intent Assets
Is navigating traditional dApps too complicated?
@dappOS_com is here to change that! đŻ
This platform streamlines your blockchain experience, letting you focus on what matters mostâwhether itâs earning, trading, or connecting. With the backing of top-tier VCs, dappOS is leading the way in making decentralized systems easy for everyone to use. Check out how dappOS is revolutionizing Web3! đ
dappOS transforms the way we interact with decentralized blockchain systems, making it intuitive and user-friendly. đ Forget the complex steps of traditional dAppsâdappOS handles the technicalities, so you can focus on your objectives. âš
Key features of dappOS include Intent Asset, which lets you earn interest while using your assets; Intent EX, ensuring the best transaction costs; and Intent-centric dApp Interaction, allowing you to interact with dApps effortlessly. đ Backed by big names like Binance Labs, Polychain, Sequoia, IDG, and OKX Ventures, dappOS is a frontrunner in the Web3 space. đ
The feature to "earn yield while assets remain accessible" is a breakthrough in Web3. đ
It allows digital assets to generate income without being locked up, giving you the flexibility to earn while keeping your assets available. This dual advantage boosts user engagement and liquidity, making Web3 more appealing. đ°âš
dappOS is poised to become a leading Web3 project, offering a user-friendly interface that simplifies interactions with decentralized applications (dApps). By reducing the complexity of entering Web3, dappOS makes it easier for everyone to get involved. Its focus on usability and seamless integration sets it apart as a top project in the Web3 world. đđ„#BinanceWeb3Wallet
The upcoming airdrop event with Binance Web3 Wallet isnât just a promotion; itâs a strategic collaboration to grow both ecosystems. đ By incentivizing participation, this event drives new users to explore and engage with Web3, fostering growth and innovation. Together, dappOS and Binance are paving the way for a more inclusive and dynamic Web3 future. đđ
#dappOSTheFutureofIntents #ScamWarning #SCAMalerts #BinanceSquareFamily
@dappOS_com is here to change that! đŻ
This platform streamlines your blockchain experience, letting you focus on what matters mostâwhether itâs earning, trading, or connecting. With the backing of top-tier VCs, dappOS is leading the way in making decentralized systems easy for everyone to use. Check out how dappOS is revolutionizing Web3! đ
dappOS transforms the way we interact with decentralized blockchain systems, making it intuitive and user-friendly. đ Forget the complex steps of traditional dAppsâdappOS handles the technicalities, so you can focus on your objectives. âš
Key features of dappOS include Intent Asset, which lets you earn interest while using your assets; Intent EX, ensuring the best transaction costs; and Intent-centric dApp Interaction, allowing you to interact with dApps effortlessly. đ Backed by big names like Binance Labs, Polychain, Sequoia, IDG, and OKX Ventures, dappOS is a frontrunner in the Web3 space. đ
The feature to "earn yield while assets remain accessible" is a breakthrough in Web3. đ
It allows digital assets to generate income without being locked up, giving you the flexibility to earn while keeping your assets available. This dual advantage boosts user engagement and liquidity, making Web3 more appealing. đ°âš
dappOS is poised to become a leading Web3 project, offering a user-friendly interface that simplifies interactions with decentralized applications (dApps). By reducing the complexity of entering Web3, dappOS makes it easier for everyone to get involved. Its focus on usability and seamless integration sets it apart as a top project in the Web3 world. đđ„#BinanceWeb3Wallet
The upcoming airdrop event with Binance Web3 Wallet isnât just a promotion; itâs a strategic collaboration to grow both ecosystems. đ By incentivizing participation, this event drives new users to explore and engage with Web3, fostering growth and innovation. Together, dappOS and Binance are paving the way for a more inclusive and dynamic Web3 future. đđ
#dappOSTheFutureofIntents #ScamWarning #SCAMalerts #BinanceSquareFamily
Ready to streamline your Web3 experience?
Explore the power of dappOS and Intent Assets!
Tired of the complex steps involved in traditional dApps? With dappOS, you can focus on your goals without the hassle. đŻ This innovative platform makes blockchain interactions smooth and efficient, allowing you to earn, trade, and connect with ease. Backed by top VCs, dappOS is revolutionizing access to decentralized systems. Dive in and discover how dappOS is shaping the future of Web3! đ
dappOS is simplifying the use of decentralized blockchain systems, offering a seamless and user-friendly experience. đ No more getting bogged down by complicated processesâdappOS lets you focus on achieving your goals while the networkâs service providers handle the technical details. âš
What makes dappOS unique are its standout features: Intent Asset, where you can utilize your assets while earning interest; Intent EX, which secures optimal transaction costs; and Intent-centric dApp Interaction, which allows you to interact with dApps effortlessly. đ With the backing of industry giants like Binance Labs, Polychain, Sequoia, IDG, and OKX Ventures, dappOS is a leading force in the Web3 space. đ
The ability to "earn yield while keeping assets accessible" is a game-changer in Web3. đ This feature allows your digital assets to generate passive income without being locked away, providing both flexibility and financial growth. This dual benefit enhances user engagement and liquidity, making the Web3 ecosystem more dynamic. đ°âš
By offering an intuitive interface, dappOS is set to lead in the Web3 space, making it easier for users to interact with decentralized applications (dApps). Whether you're new or experienced, dappOS lowers the barriers to entry, making Web3 more accessible. Its focus on usability and seamless integration makes it a project to watch. đđ„#BinanceWeb3Wallet
The upcoming joint airdrop event with Binance Web3 Wallet is more than just a promotion; itâs a strategic effort to expand both ecosystems. đ This collaboration encourages new users to explore and engage, driving growth and innovation in Web3. Together, @dappOS_com and Binance are building a more inclusive and vibrant Web3 future. đđ
#dappOSTheFutureofIntents #ScamWarning #SCAMalerts #BinanceBlockchainWeek
Tired of the complex steps involved in traditional dApps? With dappOS, you can focus on your goals without the hassle. đŻ This innovative platform makes blockchain interactions smooth and efficient, allowing you to earn, trade, and connect with ease. Backed by top VCs, dappOS is revolutionizing access to decentralized systems. Dive in and discover how dappOS is shaping the future of Web3! đ
dappOS is simplifying the use of decentralized blockchain systems, offering a seamless and user-friendly experience. đ No more getting bogged down by complicated processesâdappOS lets you focus on achieving your goals while the networkâs service providers handle the technical details. âš
What makes dappOS unique are its standout features: Intent Asset, where you can utilize your assets while earning interest; Intent EX, which secures optimal transaction costs; and Intent-centric dApp Interaction, which allows you to interact with dApps effortlessly. đ With the backing of industry giants like Binance Labs, Polychain, Sequoia, IDG, and OKX Ventures, dappOS is a leading force in the Web3 space. đ
The ability to "earn yield while keeping assets accessible" is a game-changer in Web3. đ This feature allows your digital assets to generate passive income without being locked away, providing both flexibility and financial growth. This dual benefit enhances user engagement and liquidity, making the Web3 ecosystem more dynamic. đ°âš
By offering an intuitive interface, dappOS is set to lead in the Web3 space, making it easier for users to interact with decentralized applications (dApps). Whether you're new or experienced, dappOS lowers the barriers to entry, making Web3 more accessible. Its focus on usability and seamless integration makes it a project to watch. đđ„#BinanceWeb3Wallet
The upcoming joint airdrop event with Binance Web3 Wallet is more than just a promotion; itâs a strategic effort to expand both ecosystems. đ This collaboration encourages new users to explore and engage, driving growth and innovation in Web3. Together, @dappOS_com and Binance are building a more inclusive and vibrant Web3 future. đđ
#dappOSTheFutureofIntents #ScamWarning #SCAMalerts #BinanceBlockchainWeek
đ° 215% Spike In Phishing Attacks - $55M Lost in Single Incident
One major phishing incident on August 20 accounted for the bulk of the losses last month. In this attack, a crypto holder mistakenly signed a transaction that transferred ownership of 55.47 million Dai (DAI) stablecoins from their wallet on the Maker DeFi protocol to a phishing address. By the time the holder realized the error and attempted to recover their funds, it was too lateâthe ownership change had already been executed.
This single incident alone represented 88% of the total value stolen from phishing attacks in August, as reported by Scam Sniffer, a crypto security firm. The total losses from crypto phishing attacks in August amounted to over $66 million, despite a 34% drop in the number of victims compared to July.
Phishing attacks have become an increasingly prevalent threat in the crypto space. Just a few months earlier, a trader lost $71 million in one of the largest phishing attacks of the year.
Attackers are becoming more sophisticated, deploying various tactics such as "address poisoning"âa method where scammers send small amounts of digital assets to wallets that closely resemble those of their potential victims. The goal is to make these spoofed addresses appear in the victimâs transaction history, tricking them into mistakenly sending funds to the scammerâs address.
The crypto industry has witnessed a notable uptick in hacks and scams in 2024. As digital assets gain popularity, cybercriminals are becoming more inventive, capitalizing on the lack of awareness and security measures among many investors.
The crypto community is continually evolving to strengthen defenses against these threats, but the battle against crypto crime remains a significant challenge.
Drop a follow and stay safe with @Professor Mende - Bonuz Ecosystem Founder !
#ton #phishing #SCAMalerts  #scam
$TON
One major phishing incident on August 20 accounted for the bulk of the losses last month. In this attack, a crypto holder mistakenly signed a transaction that transferred ownership of 55.47 million Dai (DAI) stablecoins from their wallet on the Maker DeFi protocol to a phishing address. By the time the holder realized the error and attempted to recover their funds, it was too lateâthe ownership change had already been executed.
This single incident alone represented 88% of the total value stolen from phishing attacks in August, as reported by Scam Sniffer, a crypto security firm. The total losses from crypto phishing attacks in August amounted to over $66 million, despite a 34% drop in the number of victims compared to July.
Phishing attacks have become an increasingly prevalent threat in the crypto space. Just a few months earlier, a trader lost $71 million in one of the largest phishing attacks of the year.
Attackers are becoming more sophisticated, deploying various tactics such as "address poisoning"âa method where scammers send small amounts of digital assets to wallets that closely resemble those of their potential victims. The goal is to make these spoofed addresses appear in the victimâs transaction history, tricking them into mistakenly sending funds to the scammerâs address.
The crypto industry has witnessed a notable uptick in hacks and scams in 2024. As digital assets gain popularity, cybercriminals are becoming more inventive, capitalizing on the lack of awareness and security measures among many investors.
The crypto community is continually evolving to strengthen defenses against these threats, but the battle against crypto crime remains a significant challenge.
Drop a follow and stay safe with @Professor Mende - Bonuz Ecosystem Founder !
#ton #phishing #SCAMalerts  #scam
$TON
Hereâs How Much Crypto Scammers Drained From Victims in January Alone
The top seven victims collectively lost $17 million due to phishing signatures like ERC20 Permit, Create2, increaseAllowance, and Swap.
According to Scam Sniffer, scammers stole $55 million worth of cryptocurrency in January alone and set up more than 11,000 phishing websites.
Notably, most of these thefts occurred on the Ethereum $ETH mainnet, with Arbitrum$ARB , BNB $BNB , Optimism, and Polygon closely behind.
Crypto Phishing Attacks Surged in January
In a recent Feb. 9 thread on X, Scam Sniffer highlighted a concerning trend observed in January, noting a surge in phishing attacks coinciding with heightened activity within crypto communities following a series of airdrops in the previous month.
These scams, often occurring alongside airdrops and other project activities, have impacted around 40,000 individuals.
According to Scam Sniffer, fraudsters created the phishing websites in January, impersonating various projects such as Manta Network, Frame, SatoshiVM, AltLayer, Dymension, zkSync, Pyth, OpenSea, Optimism, Blast, and others.
Their efforts proved successful, with the top seven victims losing $17 million in total owing to phishing signatures such as ERC20 Permit, Create2, increaseAllowance, and Swap.
Scam Sniffer reported that hackers commonly exploited the ERC-20 Permit function, tricking users into unknowingly transferring funds from their non-custodial wallets under the guise of legitimate operations.
Many individuals fell victim to these scams due to cybercriminals actively posting fake comments on various platforms, posing as legitimate projects like Optimism and zkSync.
Crypto Cyberattacks Hit $2 Billion in 2023
Throughout 2023, scammers and hackers executed numerous cyberattacks and rug pulls, resulting in the theft of $1.9 billion worth of cryptocurrency, as reported earlier by CryptoPotato.
#TrendingTopic #SCAMalerts #SafetyTips
The top seven victims collectively lost $17 million due to phishing signatures like ERC20 Permit, Create2, increaseAllowance, and Swap.
According to Scam Sniffer, scammers stole $55 million worth of cryptocurrency in January alone and set up more than 11,000 phishing websites.
Notably, most of these thefts occurred on the Ethereum $ETH mainnet, with Arbitrum$ARB , BNB $BNB , Optimism, and Polygon closely behind.
Crypto Phishing Attacks Surged in January
In a recent Feb. 9 thread on X, Scam Sniffer highlighted a concerning trend observed in January, noting a surge in phishing attacks coinciding with heightened activity within crypto communities following a series of airdrops in the previous month.
These scams, often occurring alongside airdrops and other project activities, have impacted around 40,000 individuals.
According to Scam Sniffer, fraudsters created the phishing websites in January, impersonating various projects such as Manta Network, Frame, SatoshiVM, AltLayer, Dymension, zkSync, Pyth, OpenSea, Optimism, Blast, and others.
Their efforts proved successful, with the top seven victims losing $17 million in total owing to phishing signatures such as ERC20 Permit, Create2, increaseAllowance, and Swap.
Scam Sniffer reported that hackers commonly exploited the ERC-20 Permit function, tricking users into unknowingly transferring funds from their non-custodial wallets under the guise of legitimate operations.
Many individuals fell victim to these scams due to cybercriminals actively posting fake comments on various platforms, posing as legitimate projects like Optimism and zkSync.
Crypto Cyberattacks Hit $2 Billion in 2023
Throughout 2023, scammers and hackers executed numerous cyberattacks and rug pulls, resulting in the theft of $1.9 billion worth of cryptocurrency, as reported earlier by CryptoPotato.
#TrendingTopic #SCAMalerts #SafetyTips
Beware of Quishing: Protect Yourself from QR Code Scams
Did you know that scammers can use QR codes to trick you? Read on to find out exactly what âQuishing isâQR codes are a part of daily life for many. You've probably seen them on posters, flyers, or even restaurant menus. They can be a handy way to access websites, discounts, or information quickly. But did you know that scammers can use QR codes to trick you? This is known as "quishing," a form of scam that targets innocent people through QR codes.Quishing might sound like a strange word, but it's a serious issue. Scammers create fake QR codes that, when scanned, lead you to malicious websites or prompt you to share personal information. These fraudulent codes can be placed anywhere, from advertisements to stickers, and even on seemingly legitimate flyers.So, how can you protect yourself from falling victim to quishing scams? Here are some tips:Be cautious: Before scanning any QR code, take a moment to consider if it seems legitimate. If it looks suspicious or you're unsure about its source, it's better to avoid scanning it.Inspect the source: Check the URL or destination website before scanning. If it seems unfamiliar or the web address looks strange or misspelled, it could be a sign of a scam.Use a QR scanner with built-in security: Download a reputable QR code scanner app that includes security features. Some apps can detect malicious codes and alert you before opening harmful websites.Avoid sharing personal information: Be cautious if a QR code asks for sensitive details like passwords, credit card information, or personal data. Legitimate companies usually don't request this via QR codes.Update your smartphone: Keep your phone's OS and apps up to date. Updates often include security patches that can protect you from new types of scams.If you suspect you've encountered a dodgy QR code or have been a victim of quishing, report it to the authorities. By doing so, you can help prevent others from falling into the same trap.#BTC #SCAMalerts #TrendingTopic #Launchpool #ai Stay safe and mindful while scanning QR codes!
#SCAMalerts
if someone ask you to invest your money with them on websites like the one i mentioned please dont. they will take away your hard earned money and you would get nothing. generally these people will contact you on social media platforms. stay away from them and stay safe.
if someone ask you to invest your money with them on websites like the one i mentioned please dont. they will take away your hard earned money and you would get nothing. generally these people will contact you on social media platforms. stay away from them and stay safe.
Scam Alert: Crypto Hackers Lure Ethereum, Solana & Tron Communities Into Fake Airdrop
Wallet drainers are now targeting the Ethereum, Solana, and Tron crypto groups by luring them into an airdrop scam.Wallet drainers have now started targeting Ethereum (ETH), Solana (SOL), and Tron (TRX) communities to execute phishing scams. Earlier, they focused on conducting crypto scams via EVM chains. However, the trend has changed after they expanded their reach into well-established crypto groups.Overview of Wallet Drainersâ Airdrop ScamAccording to a post by Scam Sniffer on X, phishing scams have been initiated by attracting crypto enthusiasts via fake airdrops. They have designed a webpage wherein one can claim Ethereum, Solana, and Tron airdrop rewards.The scammers term the airdrop scam as an âexclusive opportunityâ for the community. Moreover, they encourage people to connect their primary wallet to be able to access these airdrops. In addition, Scam Sniffer noted that these fraudsters can drain various types of crypto wallets via this webpage.This update is an alarming one considering the popularity of Ethereum, the second-largest crypto, Solana, and Tron. It could instill crypto investors into believing such wallet drainers in anticipation of high-end crypto rewards. Thereby, millions and billions of digital asset investments could be wiped off owing to such wallet drainer scams.However, it is possible to identify such scams via a few checks. The snapshot shared by Scam Sniffer shows that the concerned airdrop scam webpage has grammatical errors, which could be a way to be safe from such fraudsters. But, they can upgrade their strategies from time to time.Hence, itâs always better to check the source of such links. If a trusted entity isnât posting such airdrop updates, then avoid such offerings completely. Moreover, itâs time to be even more cautious since hackers have been hacking reputed companiesâ X (formerly Twitter) accounts to promote crypto scams.Certik and Mandiant Official X Accounts Get HackedEarlier this month, Certik, a blockchain audit firm, witnessed its X account being hacked. Thereafter, malicious links were posted that promised people to return the digital assets they lost to various crypto scams. The dubious link was available on their website for quite sometime before the Certik team managed to regain access.The X account of Mandiant, a cybersecurity company, was successfully reclaimed by its rightful owner on January 4, 2024, after falling victim to hacking. The incident unfolded over several hours on X, with users presenting evidence of the account takeover. The attackers, posing as the Phantom, a non-custodial crypto wallet, used the compromised Mandiant X account to promote a cryptocurrency scam.#SCAMalerts #BTCETFSPOT #etfsaga #Osmy_CryptoT #etf
âŒïž#SCAMalerts âŒïž
For #HyperFund & #HyperVerse
Thousands of investors have lost millions of dollars in #Crypto investment schemes that have escaped regulatory warning in Australia, despite financial authorities overseas warning two of the schemes were a possible "Scam" & "Suspected Pyramid Scheme", a Guardian Australia investigation has found.
The scheme have operated under various names including Hyperfund & Hyperverse.
Always #DYOR and invest wisely in Crypto.
For #HyperFund & #HyperVerse
Thousands of investors have lost millions of dollars in #Crypto investment schemes that have escaped regulatory warning in Australia, despite financial authorities overseas warning two of the schemes were a possible "Scam" & "Suspected Pyramid Scheme", a Guardian Australia investigation has found.
The scheme have operated under various names including Hyperfund & Hyperverse.
Always #DYOR and invest wisely in Crypto.
Why Scammers Prefer Cryptocurrency Payments
The rise of cryptocurrency has undoubtedly revolutionized the financial landscape, However, this technological advancement has also become a preferred method for scammers to receive payments from their victims.
1. Anonymity:
2. Irreversible Transactions:
3. Global Accessibility:
4. Lack of Regulatory Oversight:
5. Exploiting New Technology
Conclusion:
While cryptocurrency offers immense benefits in terms of financial inclusion and innovation, it is crucial to be aware of its susceptibility to exploitation by scammers. Education, awareness, and enhanced regulatory measures are essential to mitigating the risks associated with crypto-related scams.
Read Ful Details on my website đ https://Miahzworld.com.ng
#TrendingTopic #cryptocurrecny #SCAMalerts #Write2Earn
The rise of cryptocurrency has undoubtedly revolutionized the financial landscape, However, this technological advancement has also become a preferred method for scammers to receive payments from their victims.
1. Anonymity:
2. Irreversible Transactions:
3. Global Accessibility:
4. Lack of Regulatory Oversight:
5. Exploiting New Technology
Conclusion:
While cryptocurrency offers immense benefits in terms of financial inclusion and innovation, it is crucial to be aware of its susceptibility to exploitation by scammers. Education, awareness, and enhanced regulatory measures are essential to mitigating the risks associated with crypto-related scams.
Read Ful Details on my website đ https://Miahzworld.com.ng
#TrendingTopic #cryptocurrecny #SCAMalerts #Write2Earn
#Cryptocurrrency #SCAMalerts
Cryptocurrency scams can take various forms, and it's important to stay vigilant to protect yourself. Here are some common types of crypto scams:
1. **Phishing Scams:** Fraudsters create fake websites or emails that mimic legitimate crypto platforms to trick users into providing their private keys or login credentials.
2. **Ponzi Schemes:** Scammers promise high returns on investments but use funds from new investors to pay the returns to earlier investors. These schemes eventually collapse, leaving many investors with losses.
3. **Fake ICOs (Initial Coin Offerings):** Scammers create fake ICOs, offering tokens for a project that doesn't exist. Once they collect funds, they disappear.
4. **Pump and Dump Schemes:** Groups artificially inflate the price of a low-volume cryptocurrency through misleading information and then sell off their holdings when the price is high, causing others to incur losses.
5. **Fake Wallets and Exchanges:** Malicious apps and websites pretend to be legitimate wallets or exchanges to steal users' funds. Always use reputable and well-reviewed services.
6. **Impersonation Scams:** Scammers impersonate well-known figures in the crypto space on social media, encouraging users to send them cryptocurrency. Verify the authenticity of accounts before taking any actions.
7. **Malware and Ransomware:** Malicious software can compromise the security of your crypto holdings. Be cautious of downloading files or clicking on links from untrusted sources.
8. **Exit Scams:** Developers of a legitimate-looking project disappear with investors' funds, especially common in the decentralized finance (DeFi) space.
To protect yourself, always conduct thorough research, use reputable platforms, enable two-factor authentication, and be skeptical of too-good-to-be-true offers. Stay informed about the latest scams and security best practices in the crypto space.
Cryptocurrency scams can take various forms, and it's important to stay vigilant to protect yourself. Here are some common types of crypto scams:
1. **Phishing Scams:** Fraudsters create fake websites or emails that mimic legitimate crypto platforms to trick users into providing their private keys or login credentials.
2. **Ponzi Schemes:** Scammers promise high returns on investments but use funds from new investors to pay the returns to earlier investors. These schemes eventually collapse, leaving many investors with losses.
3. **Fake ICOs (Initial Coin Offerings):** Scammers create fake ICOs, offering tokens for a project that doesn't exist. Once they collect funds, they disappear.
4. **Pump and Dump Schemes:** Groups artificially inflate the price of a low-volume cryptocurrency through misleading information and then sell off their holdings when the price is high, causing others to incur losses.
5. **Fake Wallets and Exchanges:** Malicious apps and websites pretend to be legitimate wallets or exchanges to steal users' funds. Always use reputable and well-reviewed services.
6. **Impersonation Scams:** Scammers impersonate well-known figures in the crypto space on social media, encouraging users to send them cryptocurrency. Verify the authenticity of accounts before taking any actions.
7. **Malware and Ransomware:** Malicious software can compromise the security of your crypto holdings. Be cautious of downloading files or clicking on links from untrusted sources.
8. **Exit Scams:** Developers of a legitimate-looking project disappear with investors' funds, especially common in the decentralized finance (DeFi) space.
To protect yourself, always conduct thorough research, use reputable platforms, enable two-factor authentication, and be skeptical of too-good-to-be-true offers. Stay informed about the latest scams and security best practices in the crypto space.
Legit OR Scam
Today I am going to give you a method to see if the site is legit or a scam go to eveninsight.com and put in the site name and you will see if it is a scam or not
#TradeNTell #TrendingTopic #Write2Earn #SCAMalerts
#TradeNTell #TrendingTopic #Write2Earn #SCAMalerts
Hey everyone,
Just a heads up for those who might have missed it: Binanceâs Launchpool page clearly states that Binance will be the first platform to list the token. Despite this, there are still some people buying it from different platforms, which are most likely dealing with scam coins. Stay vigilant and always double-check before making any transactions! đš #StaySafe #BinanceLaunchpool #SCAMalerts
Just a heads up for those who might have missed it: Binanceâs Launchpool page clearly states that Binance will be the first platform to list the token. Despite this, there are still some people buying it from different platforms, which are most likely dealing with scam coins. Stay vigilant and always double-check before making any transactions! đš #StaySafe #BinanceLaunchpool #SCAMalerts
Who doesn't desire a better life? This is the driving force behind the scammers in the realm of "Pig Butchering" on social media, eagerly seeking their next victim to lure in by becoming the partner they've always dreamed of or the sibling they never had, only to swiftly shift the narrative towards investments.
In another unfortunate turn in the world of blockchain in #China individuals attempting to seek legal assistance after initially being defrauded fall once again into the clutches of fake lawyers.
In a recent situation, an individual suffered a loss of $70,000 by trusting a fake lawyer, after previously being scammed with $100,000 in a fraud related to pig butchering.
What's pig butchering? Let's check it!
It all begins with an innocent message via WhatsApp or some social media platform, with lines like "Hey, I have you in my contact list, seems like we've met somewhere" or a supposed mistake "Oops, sorry, wrong number" or through dating apps like Tinder where they lure targets in with attractive photos.
They make it seem normal, and once they engage in conversation, they start talking about life, interests, etc. The conversations become commonplace, always through instant messaging. They never speak on the phone.
Victims are patiently groomed over weeks. They present themselves, for example, as that person who gives you the support you've been seeking. "This is how they earn your trust to ultimately manipulate it against you. It all involves a great deal of emotional manipulation," explains Grace Yuen from the international organization fighting against these scams, Gaso.
Once a strong bond of trust is established, the scammers don't directly ask for money. Instead, they introduce victims to a fake investment website or app where victims feel secure depositing funds.
#SCAMalerts #StaySafeInvestSmart
In another unfortunate turn in the world of blockchain in #China individuals attempting to seek legal assistance after initially being defrauded fall once again into the clutches of fake lawyers.
In a recent situation, an individual suffered a loss of $70,000 by trusting a fake lawyer, after previously being scammed with $100,000 in a fraud related to pig butchering.
What's pig butchering? Let's check it!
It all begins with an innocent message via WhatsApp or some social media platform, with lines like "Hey, I have you in my contact list, seems like we've met somewhere" or a supposed mistake "Oops, sorry, wrong number" or through dating apps like Tinder where they lure targets in with attractive photos.
They make it seem normal, and once they engage in conversation, they start talking about life, interests, etc. The conversations become commonplace, always through instant messaging. They never speak on the phone.
Victims are patiently groomed over weeks. They present themselves, for example, as that person who gives you the support you've been seeking. "This is how they earn your trust to ultimately manipulate it against you. It all involves a great deal of emotional manipulation," explains Grace Yuen from the international organization fighting against these scams, Gaso.
Once a strong bond of trust is established, the scammers don't directly ask for money. Instead, they introduce victims to a fake investment website or app where victims feel secure depositing funds.
#SCAMalerts #StaySafeInvestSmart
#MyFirstFeedPost #SCAMalerts #scam Hello, Binance Square!
There is no use of doing USDT mixing since we all know that USDT is backed by USD and completely centralised token.
There is a scam going on in market, Please aware of some companies who are trapping people on the name of USDT mixing, initially they will ask you to start with 100 USDT and for mixing each order they will give you minimum 0.6 percent commission. At initial stage they will allow to withdraw your USDT after that they will introduce new way of income like contract, in contract channel they will ask you to bid with whatever you have in your wallet and they will give 20 percent loan which will become huge then you have to take more than 100 orders. the real scam they will do here, when your contract will be finished they will ask you to make huge amount of interest which you can not pay even if you pay they will not release the fund and you will end up with loosing your hard earned money.
They will add you in a what**p group where all people belongs to that company but they will act like they just joined.
The so called company name is hrmix and they will keep on changing their website after scamming huge amount.
There is no use of doing USDT mixing since we all know that USDT is backed by USD and completely centralised token.
There is a scam going on in market, Please aware of some companies who are trapping people on the name of USDT mixing, initially they will ask you to start with 100 USDT and for mixing each order they will give you minimum 0.6 percent commission. At initial stage they will allow to withdraw your USDT after that they will introduce new way of income like contract, in contract channel they will ask you to bid with whatever you have in your wallet and they will give 20 percent loan which will become huge then you have to take more than 100 orders. the real scam they will do here, when your contract will be finished they will ask you to make huge amount of interest which you can not pay even if you pay they will not release the fund and you will end up with loosing your hard earned money.
They will add you in a what**p group where all people belongs to that company but they will act like they just joined.
The so called company name is hrmix and they will keep on changing their website after scamming huge amount.
### Common P2P Scams in Developing Countries and How to Avoid Them
**Main Takeaways:**
- This blog educates users about prevalent cryptocurrency scams in the Binance P2P market, especially in developing countries.
- Common scams include account-selling, SMS scams, and email scams.
- Recognizing signs and implementing preventive measures are crucial for protecting investments.
#### Understanding Cryptocurrency Scams
In the dynamic crypto landscape, staying informed about evolving scam tactics is essential to safeguard assets. This blog highlights three prevalent scams affecting Binance users, particularly in developing nations.
#### Account-Selling Scams
- Users are deceived into giving account details with promises of high rewards.
- Scammers sell the Binance account along with the linked bank account.
- Victims face legal and financial consequences; never share or sell account details.
**Tips to protect yourself:**
- Understand bank and Binance rules on account sharing.
- Monitor accounts for suspicious transactions, change passwords regularly, and enable two-factor authentication.
#### SMS Scams
- Scammers send fake text messages resembling bank notifications to trick victims into releasing orders.
- Always double-check payment confirmation in your bank or e-wallet before transactions.
**Tips to protect yourself:**
- Verify payment information directly with your bank or e-wallet, not just relying on SMS notifications.
#### Email Scams
- Scammers use social engineering to claim real-world money is held in a Binance escrow account.
- Fake emails urge users to release digital currencies before realizing the money isn't in their account.
**Tips to protect yourself:**
- Binance P2P doesn't process fiat currency payments or store them in an escrow service.
- Use Binance Verify service to verify email addresses and account credentials.
- Confirm received payments for all pending P2P transactions in your bank account or wallet.
#SCAMalerts
**Main Takeaways:**
- This blog educates users about prevalent cryptocurrency scams in the Binance P2P market, especially in developing countries.
- Common scams include account-selling, SMS scams, and email scams.
- Recognizing signs and implementing preventive measures are crucial for protecting investments.
#### Understanding Cryptocurrency Scams
In the dynamic crypto landscape, staying informed about evolving scam tactics is essential to safeguard assets. This blog highlights three prevalent scams affecting Binance users, particularly in developing nations.
#### Account-Selling Scams
- Users are deceived into giving account details with promises of high rewards.
- Scammers sell the Binance account along with the linked bank account.
- Victims face legal and financial consequences; never share or sell account details.
**Tips to protect yourself:**
- Understand bank and Binance rules on account sharing.
- Monitor accounts for suspicious transactions, change passwords regularly, and enable two-factor authentication.
#### SMS Scams
- Scammers send fake text messages resembling bank notifications to trick victims into releasing orders.
- Always double-check payment confirmation in your bank or e-wallet before transactions.
**Tips to protect yourself:**
- Verify payment information directly with your bank or e-wallet, not just relying on SMS notifications.
#### Email Scams
- Scammers use social engineering to claim real-world money is held in a Binance escrow account.
- Fake emails urge users to release digital currencies before realizing the money isn't in their account.
**Tips to protect yourself:**
- Binance P2P doesn't process fiat currency payments or store them in an escrow service.
- Use Binance Verify service to verify email addresses and account credentials.
- Confirm received payments for all pending P2P transactions in your bank account or wallet.
#SCAMalerts
