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Beware of Scams: A Shocking Crypto Fraud Case
Digital Asset News· 2025-07-24 02:19
Listen to this trash. The pastor claimed that God told him to shill index coin which caused financial losses to 300 investors. That's not what happened.He didn't just shill it. He had a coin. I think he was part of it or he's part of the creation.He told people to buy it and he essentially didn't do anything with it and just took their money. They spent at least $1.3% million on personal expenditures, including a home renovation, that they claimed the Lord told them to do, while only a small amount of the p ...
X @Ripple
Ripple· 2025-07-23 17:44
🚨PSA: We’ve noticed an uptick of XRP scams on @YouTube – scammers are stealing accounts and then updating the page to impersonate Ripple’s official account (username: @Ripple). Reminder: Ripple or our execs will NEVER ask you to send us XRP.Our official accounts are listed here: https://t.co/Z9NO0vrL8BStay vigilant! ...
X @Bloomberg
Bloomberg· 2025-07-23 15:54
The UK introduced overseas care worker visas to fix a post-Covid staffing crisis, but it left a loophole for scams.While the Labour government has put in place new rules, they won’t help those who have already lost their life savings. Watch Bloomberg Investigates for more: https://t.co/ZNsIabpDpX ...
X @Bankless
Bankless· 2025-07-23 15:45
Crypto is heating up again — but so are scams.Each bull run brings new traps: phishing, impersonation, fake airdrops, malicious links. Most still spread on Crypto Twitter.Judgment — not FOMO — separates winners from victims.Here’s a breakdown of the most common attack vectors and how to avoid them.👇~~ Guide by Engineer Lead @jamesdowen_ ~~🎣 Phishing / Social EngineeringExtremely common on X and in inboxes. Attackers try to gain trust to extract sensitive info (e.g. private keys) or get you to sign malicious ...
Meet the Vigilante Taking Down the UK's Work Visa Scammers
Bloomberg Originals· 2025-07-23 13:00
Immigration System Exploitation - Scammers are exploiting a flawed UK immigration system, targeting vulnerable people seeking work in the care sector [1] - Victims are often abandoned by authorities after losing significant sums of money, sometimes selling their houses [1] - The UK government rushed the process of allowing care businesses to recruit staff from overseas, leading to exploitation [1] - People were paying £5,000 to £20,000 to get a certificate of sponsorship (COS) that proved they had a job in the UK, but employers often disappeared [1] - The introduction of the social care visa led to a huge increase in migration and a deeply damaging increase in abuse and exploitation [5] Scam Tactics and Impact - Scammers pressure migrant workers to pay quickly, then delay the process, blaming the home office or others [3] - Victims are losing money and experiencing mental health issues, impacting their sense of self and future [4] - Scams are tearing communities apart, especially when agents are involved [3] - Victims in Zimbabwe cannot report to the police in the UK, leaving them with limited recourse [4] Financial Losses and Recovery Efforts - One woman in South Africa was scammed of £6,500 [1] - One person lost $3,500 US [2] - One victim paid £58,000 [1] - One agent scammed over £50,000 from people [2] - One person owes $5,660 [4] - Mr Brown recovered over £100,000 for victims [4] Government and Law Enforcement Response - The UK government is ending overseas recruitment of care workers and closing the COS route [5] - Action Fraud received more than 300 cases of COS fraud last year, but there have been no convictions [5] - Victims blame the British government for leaving the system open to exploitation and the UK police for failing to help [5]
X @CoinMarketCap
CoinMarketCap· 2025-07-22 06:00
BEWARE of scammers trying to impersonate CoinMarketCap members. CMC does NOT have a phone-number and we will NEVER call you. When in doubt, always contact CMC-CS for verification!!https://t.co/sHwuF2OSLZ ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-20 15:38
Scams that trick people into transferring funds fall outside most current fraud protections. Some victims want banks to take responsibility. https://t.co/JJrWiNDDHe ...
X @Cointelegraph
Cointelegraph· 2025-07-19 12:30
Fraud Prevention - Scammers exploit human habits, regardless of new tools [1] - Industry emphasizes awareness of red flags to avoid scams [1] - Resources available, such as AMA with @CrystalPlatform, to learn about scam prevention [1]
X @Cointelegraph
Cointelegraph· 2025-07-18 09:51
🚨 Why do even the smartest people fall for scams?Join our AMA with @CrystalPlatform today as we dig into scam psychology and some crypto investigations.Tune in at 10:30 AM EST/15:30 BST/18:30 GST![Brought to you by @CrystalPlatform] https://t.co/b9DtaGhBt9 ...
X @Investopedia
Investopedia· 2025-07-17 16:05
Ann Mayers, 74, lost her savings to a scam and now faces charges for robbing a credit union. This article examines the impact of scams on vulnerable individuals. https://t.co/WmhALiZdTE ...