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Showing posts with the label scams

UN report links SE Asia crypto scams to human trafficking

A recent UN report reveals hundreds of thousands of vulnerable migrants have been forced to participate in online scams. It confirms allegations made in a previous FBI report. The new report by the United Nations Human Rights Office has exposed the full scale of horrific human rights abuses taking place inside Southeast Asia’s shadowy network of online scam centers. The same centers are responsible for “wide-ranging digital criminal activity such as romance-investment scams, crypto fraud, money laundering and illegal gambling.” Based on interviews with victims and investigations by UN human rights experts, the report reveals that hundreds of thousands of vulnerable migrants, including well-educated professionals, have been trafficked and forced into online criminal enterprises run by transnational crime syndicates across Cambodia, Laos, Myanmar, the Philippines, and other regional hubs. Victims tell harrowing tales of being recruited through elaborate but totally...

Ripple (XRP) holders beware: Ledger warns of a new wave of scams

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Join Our Telegram channel to stay up to date on breaking news coverage Ledger, the maker of hardware cryptocurrency wallets, has recently used its customer support’s Twitter account to issue a warning to Ripple (XRP) users. According to the tweet published on March 26th, there is a new crypto scam in which scammers use fake Ledger Live apps in order to steal XRP from the Ripple community. The warning says that scammers are posing as Ledger employees, which is why unsuspecting investors tend to share private information with them. This information later on allows the scammers to steal their XRP coins. 🚨 #XRPCommunity , we need to talk about the rise of crypto scams targeting #Ripple holders . Scammers are using fake Ledger Live apps & posing as Ledger employees to steal your hard-earned $XRP. Stay vigilant and protect your crypto! Here's what you need to know👇 — Ledger Support (@Ledger_Support) March 26, 2023 Ledger shares warnings and tip...

Scam alert: MetaMask warns crypto users about address poisoning

The scammers will use wallet addresses generated from vanity address generators and match the first and last characters of their victim’s wallet address. A new crypto wallet address scam that tries to take advantage of user carelessness has been on the rise, according to the MetaMask team.  In an announcement, digital Wallet provider MetaMask warned users of what is called an “ address poisoning scam,” where attackers “poison” transaction histories by sending users tokens that are worth $0 to their wallets. The scammers will use Wallet address es generated from vanity address generators and match the first and last characters of their victim’s Wallet address . This is done in hopes of getting unsuspecting users to send their funds to the wrong copycat address . A new scam called 'Address Poisoning' is on the rise. Here's how it works: after you send a normal transaction, the scammer sends a $0 token txn, 'poisoning' the txn history. (1/3) — MetaMask Support (...