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Cryptocurrency scam hits hundreds of small investors


https://www.afinalwarning.com/514910.html
(Natural News)
Hundreds of cryptocurrency investors lost all their money in their digital wallets after a cryptocurrency scam. The victims invested in a new cryptocurrency, allowing them to purchase pre-sale tokens through fund transfers. Unfortunately, the fund transfer approvals permitted bad actors to access the victims’ digital wallets – and steal all their money.
The affected investors put their money in the efarms cryptocurrency launched by the ElonFarms company. Despite the company name, Tesla and SpaceX CEO Elon Musk has no involvement in the aforementioned cryptocurrency. Initially, investors thought they approved a transaction to purchase the efarms coins. But instead, they lost all their tokens kept in their Trust Wallets instead of the amount for the purchased coins. ....

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Massachusetts Man Took Over 'OG' Social Media Accounts to Steal Cryptocurrency: Justice Department


Massachusetts Man Took Over ‘OG’ Social Media Accounts to Steal Cryptocurrency: DOJ
A Massachusetts man has pleaded guilty to running a scheme to take over people’s social media accounts and steal hundreds of thousands of dollars in cryptocurrency, the Department of Justice (DOJ) stated on April 29.
Eric Meiggs, 23, of Brockton, admitted that he and one or more co-conspirators used an illegal practice known as “SIM-swapping” to obtain login credentials for the social media accounts of his victims, exploiting them to steal or try to steal more than $530,000 in cryptocurrency, the Justice Department said in a statement.
Meiggs and his accomplices targeted people who they believed held significant amounts of cryptocurrency and “those who had high value or ‘OG’ (slang for ‘original gangster’) social media account names,” the statement said. ....

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Fraudsters Target Discord Users in Cryptocurrency Scam


A scam message promising free ethereum virtual currency (Source: Kaspersky)
Kaspersky researchers are warning that fraudsters are targeting Discord users with a scam centered on a fake cryptocurrency exchange and using the lure of free bitcoin or ethereum cryptocurrency to steal money and personal data.
The scam lures victims on Discord s cryptocurrency servers by sending a private message that looks like an ad for a genuine up-and-coming trading platform giving away cryptocurrency, and it deploys social engineering tactics to drive sign-ups, according to the Kaspersky report.
The reasons for such alleged generosity vary from message to message, but whether the exchange is supporting traders in difficult times or trying to attract new users, the thrust is always the same: The lucky addressee has been randomly chosen to receive an impressive payout in bitcoin or ethereum, Kaspersky notes. ....

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