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Tag: exit scam

Solana NFT Project Rug Pulls Investors for $1.3M—Despite Civic ‘Verification’

Big Daddy Ape Club scammed would-be investors out of 9,136 SOL, even though its devs were purportedly fully doxed through the “Verified by Civic Pass” program.

Dark Web’s Largest Marketplace for Stolen Credit Cards is Shutting Down

UniCC, the biggest dark web marketplace for stolen credit and debit cards, has announced that it's shuttering its operations after earning $358 million in purchases since 2013 using cryptocurrencies such as Bitcoin, Litecoin, Ether, and Dash. "Don't build any conspiracy theories about us leaving," the anonymous operators of UniCC said in a farewell posted on dark web carding forums, according to

Footprint Analytics: Over 600 Projects Got REKT in 2021, $2.2B Lost | Annual Report 2021

In the crypto world, there are 4 main ways you can get REKT (“experience significant financial loss due to shady malfeasance”—in crypto terms).

The post Footprint Analytics: Over 600 Projects Got REKT in 2021, $2.2B Lost | Annual Report 2021 appeared first on CryptoSlate.

Africrypt Stole Billions In BTC, Is It The Biggest Scam In History?

Africrypt stole $3.6 billion in BTC just as the investors are having a hard time managing the coin’s volatility as we reported in our previous BTC news today. Two brothers as the founders of Africrypt a crypto investment company in Cape Town vanished mysteriously. The facts have yet to be confirmed in court but the […]

Upcoming Scam in DeFi Is Soft Rug

The upcoming menace in decentralized finance (DeFi) is Soft rug.The malicious maneuver in the crypto industry, known as rug pull.The Defiant reported on...

QuadrigaCX and missing Bitcoin: Did Gerald Cotten ‘fake his own death’?

What happens when a crypto millionaire, the founder of one of Canada’s top crypto exchanges with secret access to $180 million in Bitcoin and other digital assets “dies” at the age of 30 under s

The post QuadrigaCX and missing Bitcoin: Did Gerald Cotten 'fake his own death'? appeared first on AMBCrypto.

Africrypt Stole $3.6 Billion In Bitcoin: Is This The Biggest Crypto Scam In History?

Around 69,000 Bitcoin has vanished from a South African investment platform, Africrypt, along with two brothers who owned the crypto firm. Africrypt Founders Took $3.6 Billion A new Bitcoin scam involving the disappearance of $3.6 billion has surfaced in South Africa, just as investors are having a difficult time managing the Bitcoin volatility. Two brothers, […]

Owners Of South African Investment Platform Vanish, Alongside 3.6 Billion USD Worth Of Bitcoin

The owners of the South African crypto company AfriCrypt have reportedly vanished and took off with 69,000 BTC. Largest Exit Scam ever? In April 2021, the two brothers who co-own the investment firm AfriCrypt, turned to their users, stating that the platform has been hacked, leading to a damage of 69,000 BTC, which were worth […]

The post Owners Of South African Investment Platform Vanish, Alongside 3.6 Billion USD Worth Of Bitcoin appeared first on CryptoCoin.News.

$3.6B in Bitcoin vanishes in ‘hack’ along with owners of South African crypto platform

Billions worth of Bitcoin has reportedly vanished along with the operators of South African crypto firm AfriCrypt. Is it a scam or a hack?

ICO scams 2020: examples and how to avoid

Although ICOs have been mostly replaced by IEOs and other fundraising methods over the past few years, there are still many projects that raise money in this way. Due to the high level of interest among investors and the lack of solid regulation, ICOs serve as honeypots for scammers of all sorts.  The report released […]

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