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Tag: exit scam

Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations

The Polywhale decentralized finance (DeFi) protocol has been shut down with the team selling off their tokens in what appears to be...

Polywhale Finance founders accused of rug pull amid abrupt shut down

The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday.

Polywhale Team Abandon $100 Million Project Amid Scam Allegations

Polywhale Team Abandon $100 Million Project Amid Scam Allegations | Crypto Briefing ...

Mark Cuban Calls for DeFi Regulation After Crypto Investment Goes to Zero

It’s all fun and games in DeFi... until you lose money and wish you had consumer protections.

Why Decentralized Insurance Will Provide Confidence to DeFi Investors

@Ishan PandeyIshan PandeyStudent of law working on code and everything law. Founder: Blockchain Research Ishan Pandey: Hi Oliver, welcome to our series “Behind the...

Australian Scammers Earned $20M In Crypto Payments In 2020

Australian scammers earned $20 million in crypto payments in 2020 and victims were often enticed via get-rich-quick investments, fake celebrity endorsements and catfishing so let’s read more in our latest cryptocurrency news today. Bitcoin and other cryptocurrencies were the second most popular payment method for the scammers that targeted the citizens of Australia last year. […]

SEC Seeks Five Men That Allegedly Took Part in Bit Connect Crypto Scam

The Securities and Exchange Commission (SEC) has charged five individuals for allegedly taking part in what has come to be known as the Bit Connect scam. Bit Connect Is Still an Open Case Bit Connect collapsed in the year 2018. The event resulted in more than $2 billion in losses for investors, and now it...

The post SEC Seeks Five Men That Allegedly Took Part in Bit Connect Crypto Scam appeared first on Live Bitcoin News.

Biden’s Administration Expands Crypto Tracking To Prevent Ransomware

Biden’s administration expands crypto tracking in order to prevent ransomware attacks after the latest attack on JBS which threatened the country’s food supply so let’s read more in our latest crypto news. Last month we witnessed a gas pipeline being targeted in a new ransomware attack which is what inspired Biden’s administration to expand its […]

SafeMoon Review: Ponzi Scheme or Legitimate Project?

SafeMoon is one of the newest and fastest growing altcoins, even in the crazy cryptocurrency market that’s seen a good number of tokens...

Ethereum DeFi Project Rari Capital Hacked for $11M—But It Plans to Make It Right

60% of all Rari Capital user funds were swiped over the weekend.

Spartan Protocol On BSC Got Exploited Out Of $30M: Report

Spartan Protocol on the Binance Smart Chain got exploited with $30 million getting stolen by a hacker so let’s read more in our latest Binance news today. Spartan Protocol is a Defi project on the Binance Smart chain and was exploited for over $30.5 billion while the hackers’ whereabouts remain unknown and a second version […]

Six imprisoned in connection to Turkey crypto exchange fraud

TL;DR Breakdown Six imprisoned in aftermath of Thordex exchange heist Turkey deploy hunt team to arrest absconding Thordex exchange CEO Six people have been found guilty and subsequently jailed for their role in the Thordex crypto exchange heist, a Turkish crypto firm that committed an exit scam and absconded with users found worth several U.S. […]

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