NFT Scam: Chinese Student Takes The Bait, Clicks Trap Link, Loses $548,000
A senior student at Shanghai’s Tongji University fell victim to an NFT scam, losing around $548,000 after his non-fungible token was stolen through a phishing scam. The NFT artwork which Niq Chen bought from the well-known Doodles Collectible NFT project entitled “LuckyCot 3D,” made up roughly half the value of his entire NFT assets, he […]
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Piggy. Link allows websites to charge for content quickly and easily using bitcoin. Visitors to a Piggy. Link-linked website will be able to use their credit card to buy Piggy. Link credits. When they click the monetized links, they spend their Piggy. Link credit and the website gets paid in bitcoin. Hence, visitors don't need to own bitcoin to buy content using Piggy. Link credits. The system works as a paywall, and no software installation is necessary. The process of activating Piggy. Link links on a website takes around 10 minutes. "In my opinion, bitcoin needs applications which....
Recently a student from the University of Kent in London was robbed at knifepoint for his bitcoin. After eight thugs stormed his dorm room and demanded that he reveal his crypto credentials and passwords, the student was forced to leave the campus and he moved back home. Freshmen College Student Loses Bitcoin in an On-Campus Mugging A recent report shows that a college student who started the year as a freshman was robbed at the University of Kent, a school located in the historic city of Canterbury. The student’s mother details that five days before starting his course, her son....
Researchers from the University of California set up a trap — a crypto wallet loaded with a small amount of Ether and connected to third-party AI routing infrastructure. One of the routers took the bait. The wallet was drained. The loss was under $50, but the implications reached far beyond the dollar amount. Related Reading: […]
A massive police operation took place in Istanbul, Turkey, against a Chinese gang’s crypto scam. Authorities found that criminals kidnapped 101 people and forced them to run scam operations. Scammers Tricked Hostages by Promising Them Work in a Legit ‘Crypto Investment Consultancy’ According to Demirören Haber Ajansı, Istanbul police cracked down a fake “crypto investment consultancy” agency that allegedly hired these 101 people to run the scheme. In reality, the gang turned out to be a massive criminal operation, as they held hostage the employees....
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain sleuths believe the Chinese government may have already sold a great number of the coins and simply added the proceeds to the central treasury. Plustoken Masterminds Sentenced to Up to 11 Years in Prison Just recently, a Jiangsu Yancheng Intermediate People’s Court ruling published on....