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Elon Musk Impersonators Stole More Than $2M in Crypto Scams, Regulator Says

Elon Musk Impersonators Stole More Than $2M in Crypto Scams, Regulator Says
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Bitcoin crash latest - Dogecoin price climbs 23 per cent after Elon Musk s Tesla ban sees crypto market take $6bn hit

DOGECOIN is rising after Elon Musk said he was working with the cryptocoin to improve its impact on the the environment, rising 29 per cent on Friday after a

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Scammers Are Stealing Cash From People Who Are New to Cryptocurrency by Creating Fake Apps

(Photo : Pixabay/TheDigitalWay) Cryptocurrency scam Security researchers have discovered a stash of more than 150 fake trading, banking, and cryptocurrency apps that are made to steal the funds of its victims. Fake Crypto Apps According to Sophos, the fraudulent iOS and Android apps all utilize a common server, suggesting a single cybercriminal group is responsible. This assumption is widely supported by commonalities in the design of the applications, as well as communications with the fake customer support team. The scammers are said to have utilized different social engineering techniques to encourage people, especially newbies, to install the fake app, even going as far as creating relationships with potential victims over dating services, according to TechRadar.

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Bitcoin latest news - Elon Musk tweets Dogecoin support AGAIN as crypto market recovers from $6bn drop after Tesla ban

ELON Musk has again tweeted his support of Dogecoin as the cryptocurrency rose by 17% this weekend following a midweek slump.Yesterday the Tesla found

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Lesson Learned: Teacher Loses Life Savings To Elon Musk Bitcoin Scam

Lesson Learned: Teacher Loses Life Savings To Elon Musk Bitcoin Scam Reading Time: 3 mins read Bitcoin, Ethereum, Dogecoin, and other crypto assets are making headlines all across mainstream finance for making people rich left and right. But as abundant as success stories are these days, there’s also a growing number of horror stories where people end up with misfortune instead. Here’s a sad and painful lesson where a teacher learned the hard way not to send cryptocurrencies to strangers, even if that stranger appears to be Elon Musk. Bitcoin Scams Grow Abundant As Crypto Adoption Spreads Because Bitcoin and other cryptocurrencies exist only on the internet, they are an always-on target for cyber criminals. And as they become more valuable, more criminals see the allure in trying to steal some – which is a lot easier than earning it themselves.

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