Search result of SCAM

A crypto money mule scam involves unsuspecting individuals transferring stolen cryptocurrency for criminals, thinking they are part of legitimate activities. Indeed, individuals are often tricked into these activities through schemes known as crypto money mule scams. But how exactly does a crypto money mule scam work, and what are the warning signs and legal risks? Let’s take a look.

MangoFarmSOL marketed itself as a farming protocol on the Solana blockchain, promising high yields and a lucrative MANGO token airdrop. However, the MangoFarmSOL team executed an exit scam, and this highlighted the urgent need for an auditing and review process of DeFi projects.

According to legend, Pixiu is a magical creature, and it is said that treasures swallowed cannot be taken out from its body. This image aptly describes the Pixiu Pan scam: after users invest money, the price rises rapidly, triggering follow-up purchases, but ultimately finds that they cannot sell and the funds are locked up. The content of this issue includes the reasons why users fall into Pixiu Pan, typical tricks of Pixiu Pan scam, and corresponding safety suggestions. I hope it can help everyone be more vigilant and avoid pitfalls.

This article delves into Web3 airdrops, the common types, and the potential scams they can involve. It also discusses how scammers prey on the excitement around airdrops to trap users. By analyzing the Jupiter airdrop case, we expose how crypto scams operate and how dangerous they can be. The article provides actionable tips to help users identify risks, safeguard their assets, and participate in airdrops safely.

Learn about NFT swap order scams, how they work, and tips to avoid falling victim. Protect your NFT assets and trade safely with these expert insights.

Whether in real life or within the blockchain industry, the risk of scams is ever-present. To verify the security of projects and the legitimacy of tokens, this article introduces eight methods for checking and identifying relatively safe projects. These methods also help traders effectively avoid scams.

Crypto scammers use various tactics to steal funds, including phishing scams, fake ICOs, and Ponzi schemes. Knowing these tactics can help you avoid losing money.

XRP is a cryptocurrency that Ripple Labs developed to enhance the efficiency of global payment systems. Unlike the decentralized approach of Bitcoin and Ethereum, XRP focuses on cross-border transfers between financial institutions. It delivers fast transaction speeds and low fees.

This investigation uncovers an elaborate over-the-counter (OTC) trading scheme that defrauded multiple institutional investors, revealing the mastermind "Source 1" and exposing critical vulnerabilities in crypto's gray-market dealings.

Users often focus solely on whether funds have been credited to their wallets, overlooking potential underlying risks. Through a series of seemingly genuine operations like transferring small amounts, scammers deceive users into falling for their schemes. This article analyses the malicious process, reminding users to exercise caution and vigilance during transactions.

Aqua, a project built on Solana, is reportedly involved in a major "rug pull," with approximately 21,700 SOL (valued at around $4.65 million) at stake. Although Aqua presented product offerings, audit reports, and collaborations with multiple partners, the raised funds have been split and transferred off the platform. This incident exposes the inherent risks concealed behind the project's seemingly "legitimate" appearance.

In this decentralized digital world, everyone is responsible for safeguarding their own assets and acting as the first line of defense against risks. We can’t rely on others, but we can rely on rules and common sense. Always remember: Never share your mnemonic phrase.

Hackers compromised Noble's official X account. The attackers posted a phishing link posing as an $NBL token airdrop and exploited the Solana network to facilitate their scam.

ZachXBT exposes the inner workings and profit networks behind million-dollar advertising deals by overseas crypto influencers, revealing the paid promotion practices in the industry.

Meteora is a next-generation DeFi protocol offering efficient, composable, and sustainable liquidity infrastructure. Recently, Meteora’s founder Benjamin Chow faces a class-action lawsuit for using celebrity endorsements to promote scam tokens. He is also accused of market manipulation.