The function of the United States Securities and Exchange Commission (SEC) is to enforce laws pertaining to market manipulation. A Chairman of the Comission, Gary Gensler recently shared his thoughts on how to spot a crypto scam during a Twitter Spaces event. He stated that there are three key signs to look out for when […]
Tag: scam
February 9, 2023
January 6, 2023
Scam Alert: Football Inu Token Now Up 588% in 24h (But Dont Buy It)
A 2-month-old cryptocurrency is drawing attention from its ridiculous intra-day gains. The token “Football Inu”, a football-inspired cryptocurrency project, jumped by a whopping amount of 588% on January 5th. These kinds of gains are simply unheard of in the top players of the cryptocurrency market. For instance, if Bitcoin went through the same thing, BTC […]
August 23, 2022
Scam Artists Deep Fake Binance Director in Order To Promote Scam
Binance Chief Communications Director Patrick Hillmann claimed to have been targeted by a hacker. According to Hillmann, the hackers impersonated him through a video montage known as “deepfake”. As reported by an article published on Thursday (18), the scam consists of asking users for money in advance in order to promote cryptocurrency projects that are […]