The BlackCat ransomware gang is pulling an exit scam, trying to shut down and run off with affiliates' money by pretending the FBI seized their site and infrastructure. The LockBit ransomware ...

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and info to keep you up to date in the cryptocurrency and blockchain world. Put simply, an exit scam is a fraudulent operation ...

With the global cryptocurrency market now valued at over $250 billion, it's no surprise that bad actors are working to exploit such a lucrative sector of the economy. Fraudsters have stolen nearly ...

Exit scams, popularly referred to as rug pulls, are “an ongoing criminal scheme in Web3,” according to an update shared by CertiK. CertiK writes in a blog post that a rug pull “involves fraudsters ...

Turkey is pursuing colossal sentences of over 40,000 years for suspects allegedly connected to a fraudulent cryptocurrency exchange. A prosecutor seeks sentences of up to 40,564 years each for 21 ...

Users of a major darknet marketplace say they’ve been unable to withdraw Bitcoin (BTC) and Monero (XMR) as of Tuesday, March 5, amid growing fears of an “exit scam.” The marketplace — Incognito Market ...

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. For DeFi, the last ...

The Loom Network, a platform-as-as-service (PaaS) blockchain initiative, appears to have an extremely uncertain future. Based on investigations and comments from social media users, there’s no real ...

Since May 7th, 2019, the Tor sites for the Jokeroo Ransomware as a Service (RaaS) have started displaying a notice stating that their server was seized by the Royal Thai Police in conjunction with the ...

Two separate initial coin offerings are alleged to have undertaken exit scams in yet another round of pain for investors. The two ICOs, RepuX and JoyToken, are said to have stolen $4.7 million and ...