Hot News
HotNews No 112: Another Crypto Pyramid Scheme – Beware of Golden Tech Consulting
Lately, we have been seeing an increasing number of fake crypto investment platforms promising quick and easy profits. One such scheme is Golden Tech Consulting, which operates as a classic MLM pyramid scheme. How Does the Scam Work? No real product or service –...
HotNews No 111 North Korean Hackers Launder $300 Million Stolen in the Largest Crypto Heist
The North Korean hacker group “Lazarus” has carried out one of the biggest cyber-attacks in cryptocurrency history, stealing $1.5 billion from the Bybit exchange. According to investigations, at least $300 million has already been cashed out, while authorities are...
HotNews No 110 Coinbase Quantitative – Another “Click a Button” Crypto Scam on Telegram
A new platform called Coinbase Quantitative has quickly drawn the attention of investigators and industry analysts due to clear signs that it is yet another “click a button” Ponzi scheme, part of the wave of similar scams that have flooded the market over the past...
HotNews No 109: Profit Connect and the Indictment of Brent Kovar – Another Blow to Crypto Scams
A grand jury in the United States has issued an indictment against Brent Carson Kovar, the founder of the notorious platform Profit Connect, which has been under regulatory and investigative scrutiny for years. Kovar, a resident of Nevada, was arrested on February 13,...
HotNews No 108: Major Operation Against Cybercrime: Leading Forums Cracked and Nulled Shut Down
In an international operation led by German authorities with the support of Europol and law enforcement agencies from multiple countries, the two largest cybercrime forums – Cracked and Nulled – have been taken down. These platforms, which had over 10 million users...
HotNews No. 107: ProCap – New Findings on the Scam and Investor Risks
The scam involving the ProCap platform and its associated company, ProCap Management, continues to unfold, with the latest findings further confirming that it is a fraudulent scheme that has led to significant financial losses for investors worldwide. ProCap...
HotNews No 106: Sixth Society – $200,000 Membership Securities Fraud – A Warning for Investors
Recently, investors have been increasingly facing various scams that present themselves as legitimate ways to make high returns. One of these platforms, which initially appeared to be an excellent opportunity, but has proven to be a serious scam, is Sixth Society....
HotNews No 105: ProCap – How a Scam Was Masked as an Investment in Prediction Games
ProCap, a company that started its operations in the Philippines in early 2023, quickly became recognizable as a platform that deceived thousands of investors across Southeast Asia. Initially, they promised capital protection and high monthly returns through...
HotNews No 104: A Review of the Biggest Cyber Scams of 2024
The year 2024 was marked by a surge in sophisticated cyber scams targeting both individuals and major organizations. Here's a summary of the most significant incidents that left their mark: Ransomware Attacks on Critical Infrastructure This year saw a rise in...