Steve Wozniak Sues YouTube For Fake Bitcoin Giveaway AdsApple co-founder Steve Wozniak has joined the class action lawsuit against online video-sharing platform YouTube and its parent company Google. The lawsuit revolves around fraudulent videos promoting distribution of Bitcoins (BTC) on behalf of tech celebrities including Wozniak himself, industry-focused media outlet CoinDesk reported on July 22.
CipherTrace: Twitter Hackers Laundered Stolen Bitcoins Through Exchanges and CasinosAnalysts at blockchain and crypto analytics firm CipherTrace have tracked down Bitcoins (BTC) stolen in the course of the Twitter hack. The findings showed that the threat actors transferred the funds to various exchanges, mixers, and online casinos.
Bitsonar Exit Scam: How Former Ukrainian Government Official Took Money From Europeans, Americans, and Russians With CryptopyramidThis June, an ex-employee posted an announcement on the official website of cryptocurrency investment fund Bitsonar. According to it, the organization is a Ponzi scheme, and its founder is not the same person as the website had earlier stated. Meanwhile, users post numerous claims as to the impossibility of withdrawal of funds and suspect the […]
Hack of the Decade: Shameless Bitcoin Scam or Something Much More Sinister?Yesterday, anonymous attackers hacked Twitter accounts of Binance CEO Changpeng Zhao, Bill Gates, Jeff Bezos, Elon Musk, Joe Biden, Barack Obama, Uber, Apple, and many others. They used these accounts to post fraudulent messages promoting the distribution of 5,000 BTC on behalf of a rogue site Cryptoforhealth.
Chinese Ponzi Scheme PlusToken Shows Signs of Exit ScamSince mid-June, analysts have been noticing an active movement of funds associated with the Chinese PlusToken Ponzi scheme. Abnormal jumps in the price of individual tokens with subsequent emptying of hot wallets were observed at exchanges affiliated with scammers.
Chinese Scammers Exploit Cardano Brand and CEO’s Photo to Target Wealthy FarmersA group of alleged scammers who exploit Cardano’s brand to deceive people has been spotted at a blockchain conference in China. Charles Hoskinson, CEO of IOHK, the company behind Cardano, said the scammers have no affiliation with the ecosystem.
AT&T Faces Lawsuit Over Alleged SIM Swapping Leading to Massive Cryptocurrency Theft AT&T has been involved in a lawsuit alleging that its employees facilitated the hijacking of a client’s SIM card, which then allowed attackers to steal crypto the client’s cryptocurrency. The telecom giant is yet to defend in court over another similar lawsuit going back to 2018.
PlusToken Scam: How To Launder 11,999 BTC and Get Bitcoin Another Notch LowerA Chinese pyramid scheme called PlusToken has managed to gain notoriety as a significant factor influencing Bitcoin’s price. Just recently, a hefty bunch of 11,999 BTC from its wallet started moving, putting the watchful members of the community on high alert: an en masse sell-off of this much Bitcoin wouldn’t be a good thing for […]
Warning: Scammers Use ForkLog and CoinDesk Brands to Trick Users Out of Their MoneyDisclaimer: ForkLog is not engaged in any exchange services and does not provide any trading consultations. The list of ForkLog’s social media is available on the official website. Scammers name-steal ForkLog’s brand to deceive our readers and trick users out of their money. They do not only mislead regular users but even top managers of […]
How To Spot a Shitcoin?There is no shortage of coins and tokens in the crypto-industry. How many of them are any good is the question.
OneCoin Ponzi Scheme: Scam of the Decade Continues in 2020’s OceaniaRecently, we’ve published an investigation into a large-scale Ponzi-scheme called OneCoin. The scheme had its branches in several different countries across several continents, defrauding people of billions of dollars.
Dead Man’s Chest: A Story of QuadrigaCX CEO Gerald Cotten Who Took $137 Million Worth of Users’ Assets to the GraveOn December 9, 2018, in the Indian city of Jaipur QudrigaCX CEO Gerald Cotten (30) allegedly died of cardiac arrest. He was reported to have suffered from Crohn’s disease and on the day of his death turned out to be the only holder of private keys to cold wallets with QuadrigaCX’s users’ assets worth $137 […]