Blockchain community busts alleged $20M NFT drop scam before sale completion
Thanks to vigilant crypto enthusiasts, the alleged scammers were stopped dead in their tracks. Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how he, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla, a lot of user hype previously existed for a novel crypto project called "Squiggles," which had an NFT drop scheduled for Feb. 10. At the time, Squiggles had amassed over 230,000 followers on Twitter.Hours before the anticipated....
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Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto scam platforms in Argentina. Cositorto was reportedly arrested this week in the Dominican Republic, where he was in charge of a similar platform called Sunrise Coach. He will now be extradited to Argentina.
Leonardo Cositorto Arrested in the Dominican Republic
One of the most wanted men linked to the operation of Generation Zoe, one of the largest alleged pyramid schemes in Argentina, has at last been located. Interpol arrested Leonardo....
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After the successful execution of the Ethereum network’s first hard fork, mainstream media outlets, including the Huffington Post, criticized the supporters of Ethereum Classic, calling the project aimed to maintain the original chain of Ethereum “another Bitcoin scam.” David Seaman, the author of an article entitled “‘Ethereum Classic,’ Another Bitcoin Scam,” laid out a series of irrational arguments to supposedly prove the invalidity of Ethereum Classic, both philosophically and economically. Because some people lost too much money? The first argument presented was the justification of....