MtGox Victims Targeted by Bitcoin Theiving Scammers
MtGox victims are not having an easy time reclaiming their money back after the 2014 collapse. According to cybersecurity firm Cyren, customers are receiving spam messages claiming to help them recover their money. Kraken, the altcoin exchange is distributing $91 million in Bitcoins to people left out of pocket from the MtGox crumbling; however, the company has found itself involved in a series of spam messages claiming to originate from Kraken. Once opened, the messages redirect customers to a Google Docs page claiming to provide an update on the status of Bitcoin recovery claims. In....
Related News
Cryptocurrency scam sites are being targeted by other scammers to hijack their traffic and their possible earnings. A recently detected threat actor, named Water Labbu, is manipulating the users that are drawn to these sites as a source of revenue, injecting a malicious script as a tool for interacting with the wallet that, depending on its funds, will be attacked.
Crypto Scammers Are Attacking Crypto Scammers
The rise of the cryptocurrency ecosystem has brought interest in targeting investors through scam sites using different resources that include Youtube streams to do so, as....
MtGox has suffered considerably over the past two months. All within the relatively short period of April and May 2013, we have seen the following: During the Bitcoin crash of April 10-12, MtGox saw its trading engine lag increase to over 70 minutes, and for over ten hours the exchange was almost entirely inaccessible. MtGox's response was mixed; at first, they committed what may go down as one of the major public relations disasters in Bitcoin history, telling angry customers that they were "victims of our own success!" and gloating about their high trade volume. Then, however, the....
The FBI says alongside regular methods of payment such as wire transfers and prepaid cards, crypto ATMs are also becoming a prominent tool for crypto investment scammers. The Federal Bureau of Investigation (FBI) Miami Field Office has warned that crypto ATMs are emerging as a popular method that scammers use to receive funds from defrauded victims. The information was revealed as part of an Oct. 3 public warning about “pig butchering scams” where scammers pose as long-lost friends or potential romantic partners to swipe money from victims. The scammers “fatten up” their victims by....
Crypto scams have been on the rise with the bull rally but scammers have found another medium to perpetuate their scams. YouTube has always been an effective marketing and influencing tool in the space, which is why it is sometimes a prime target for scammers. This time around, scammers have found another way to separate […]
Was a transaction malleability flaw the true cause of over 750,000 BTC belong to Mt. Gox customers going missing? According to a study conducted by Christian Decker and Roger Wattenhofer of ETH Zürich (Swiss Federal Institute of Technology), transaction malleability accounted for significantly less loss than Mt. Gox declared - as little as 386 bitcoins. ...while MtGox claimed to have lost 850,000 bitcoins due to malleability attacks, we merely observed a total of 302,000 bitcoins ever being involved in malleability attacks. Of these, only 1,811 bitcoins were in attacks before MtGox stopped....