Binance Recovers $344K From Scam DeFi Project Launched on Its Platform
Having raised the funds at launch on Binance Smart Chain in October, the operator fled with users' cryptocurrency "within an hour," Binance said.
Many of the alleged crypto scams had a common tactic: savvy social media posts to draw victims in.
Billions of dollars have been stolen through exchange hacks and scams, according to a new report from blockchain analytics firm Crystal Blockchain.
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.
Venture Capital Investments Ltd. raised $534,829 from 72 victims, falsely promising to invest funds in bitcoin and other assets.
The FTC is sending PayPal payments totaling more than $470,000 to people who lost money to two pyramid schemes involving cryptocurrencies.