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ScamRiskWarning
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Ameer Mehran
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šŸ’”QUICK TIP TO AVOID BEING ABUSED BY AIRDROPSšŸ’” Exit from all airdrops that: - Contain alot of $TON transactions. - Change their toknomics. - Has youtubers/influencers involvment in advertisement. - Delaying dates (especially when the market is in bullish trend) - Has plans to launch exchange. A question that is being emphasized by influencers or in your own head you think that "Airdrops giveaways are free so why dont we just keep patience and keep farming?". This is the trickiest yet easiest riddle to solve but people don't pay attention. They just want you to keep playing their airdrops while they play with you by dropping $TON transactions, delaying dates till they gain enough popularity to make deals with bigger projects, companies and exchanges. Only youtubers/influencers and the project's team benefit from this not you! Take your time and think through before joining any airdrop. Your time is precious as gold, do not give it away for free. #scamriskwarning #ScamAwareness #AirdropAlert #AirdropScam
šŸ’”QUICK TIP TO AVOID BEING ABUSED BY AIRDROPSšŸ’”

Exit from all airdrops that:

- Contain alot of $TON transactions.
- Change their toknomics.
- Has youtubers/influencers involvment in advertisement.
- Delaying dates (especially when the market is in bullish trend)
- Has plans to launch exchange.

A question that is being emphasized by influencers or in your own head you think that "Airdrops giveaways are free so why dont we just keep patience and keep farming?".

This is the trickiest yet easiest riddle to solve but people don't pay attention.

They just want you to keep playing their airdrops while they play with you by dropping $TON transactions, delaying dates till they gain enough popularity to make deals with bigger projects, companies and exchanges.

Only youtubers/influencers and the project's team benefit from this not you!

Take your time and think through before joining any airdrop.

Your time is precious as gold, do not give it away for free.

#scamriskwarning #ScamAwareness #AirdropAlert #AirdropScam
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Bias between Tron & Ton as a deception bait and they will argue "Eligible Procedure"... šŸ«£ BullSh!t šŸ‘€ Forget about doing all the AirDrops for every end of the year because they are usually scammers šŸ˜ real example šŸ‘‰ #REVOXAIRDROP who are clearly participants of the BNBCHAIN ā€‹ā€‹CATALYST AWARDS are SCAMS! puihhh.... @revox only sell their user data to third parties for their own benefit. šŸ¤” #ScamRiskWarning #CristmasMarketAnalysis
Bias between Tron & Ton as a deception bait and they will argue "Eligible Procedure"... šŸ«£ BullSh!t šŸ‘€
Forget about doing all the AirDrops for every end of the year because they are usually scammers šŸ˜ real example šŸ‘‰ #REVOXAIRDROP who are clearly participants of the BNBCHAIN ā€‹ā€‹CATALYST AWARDS are SCAMS! puihhh.... @REVOX only sell their user data to third parties for their own benefit. šŸ¤”

#ScamRiskWarning #CristmasMarketAnalysis
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Crypto Scoop
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šŸšØ Beware: The Truth About Tronkeeper Scams! šŸšØ

Have you seen posts about claiming rewards on platforms like Tronkeeper? It might look tempting, but letā€™s break it down and uncover the truth behind their claims.

What Theyā€™re Saying:

According to their post:
1ļøāƒ£ Enter your USDT (TRC20) wallet and submit.
2ļøāƒ£ Pay a fee to claim your rewards, supposedly to cover "blockchain transfer costs."
They claim these fees are necessary to maintain smooth transactions for "millions of users."

Sounds professional, right? šŸ¤” But thereā€™s a catch, and users have started exposing it!

What Users Are Exposing:

šŸ”¹ Fee Mismatch: They demand 5 TON as a "gas fee" for withdrawing your $200. But hereā€™s the issueā€”TON and TRON are two completely different blockchains! They cannot use TON to cover gas fees on TRON. This technical inconsistency screams red flag.

šŸ”¹ Community Feedback:
ā–ŖļøŽYou want me to pay 5 TON to withdraw $200? That makes no sense!

ā–ŖļøŽIf itā€™s legitimate, deduct the fee from my balance instead of asking for more money.

ā–ŖļøŽAnything that requires paying money to receive money is pure scam behavior.

Why This is Dangerous

1ļøāƒ£ No Guarantee of Payouts: Once you send your money, itā€™s unlikely youā€™ll ever see your rewards.
2ļøāƒ£ Exploiting Trust: Scammers use technical jargon to confuse users into thinking itā€™s a legitimate transaction.
3ļøāƒ£ Loss of Funds: People spend time and effort accumulating these so-called rewards, only to be asked for fees they cannot recover.

How to Protect Yourself

šŸšØ Do Your Research: Always verify the platformā€™s credibility.
šŸšØ Understand Blockchain Basics: TON and TRON are different; knowing this can help you spot inconsistencies.
šŸšØ Avoid Upfront Payments: If you need to send money to receive money, itā€™s likely a scam.

Final Thought:

These scammers rely on trust and confusion to exploit users. Stay informed, share this knowledge, and protect yourself from falling for their tricks! šŸ’”

āš ļø Share this post to warn others!šŸ’Ŗ#scamriskwarning
āš ļø Massive $BTC heist: over 4,500 BTC stolen North Korean hackers from the Lazarus Group have been identified as responsible for the theft of over 4,500 Bitcoins from Japanā€™s DMM Bitcoin exchange earlier this year. @viijaay_01 #scamriskwarning
āš ļø Massive $BTC heist: over 4,500 BTC stolen

North Korean hackers from the Lazarus Group have been identified as responsible for the theft of over 4,500 Bitcoins from Japanā€™s DMM Bitcoin exchange earlier this year.

@viijaay_01 #scamriskwarning
šŸ”„ Scammers on the Rise: How the Meme Coin Boom on Solana Unlocked New Ways to Steal Millions šŸ’øšŸŒ The Crypto Market in Shock! In 2024, total Web3 losses exceeded $2.9 billion. From DeFi to metaverses, no sector was spared. šŸšØ The main vulnerability? Access control issues, responsible for 78% of all attacks. šŸ’Ž DeFi: Fewer losses, but major hacks persist Losses decreased by 40%, but still reached $474 million. The biggest incident was the hack of Radiant Capital, costing $55 million. šŸ¦ CeFi in Trouble: Losses Double! CeFi losses skyrocketed to $694 million. Notable attacks include a key leak at DMM Exchange ($305 million) and a multisignature vulnerability at WazirX ($230 million). šŸŽ® Games and Metaverses Lose Hundreds of Millions The gaming sector reported $389 million in losses, accounting for 18% of all attacks. šŸŽ² šŸš© Rug Pulls Shift to Solana Scammers moved from BNB Chain to Solana, driven by the growing popularity of meme coins. šŸ“ˆ šŸŽÆ Presales Turn into Traps: $122.5 Million Stolen in One Month! In April 2024, scammers executed 27 fraud schemes using presales. šŸ’° They also exploited the names of celebrities and influencers to deceive investors. šŸ‘Øā€šŸ’» Phishing and North Korean Hackers Phishing attacks led to $600 million in stolen funds, while North Korean hackers siphoned off $1.34 billion. āš ļø Stay Alert! Crypto scams are becoming increasingly sophisticated. šŸ›”ļø Behind every meme coin, a trap could be waiting! #Hack #scamriskwarning #solana

šŸ”„ Scammers on the Rise: How the Meme Coin Boom on Solana Unlocked New Ways to Steal Millions šŸ’ø

šŸŒ The Crypto Market in Shock!
In 2024, total Web3 losses exceeded $2.9 billion. From DeFi to metaverses, no sector was spared. šŸšØ The main vulnerability? Access control issues, responsible for 78% of all attacks.

šŸ’Ž DeFi: Fewer losses, but major hacks persist
Losses decreased by 40%, but still reached $474 million. The biggest incident was the hack of Radiant Capital, costing $55 million.

šŸ¦ CeFi in Trouble: Losses Double!
CeFi losses skyrocketed to $694 million. Notable attacks include a key leak at DMM Exchange ($305 million) and a multisignature vulnerability at WazirX ($230 million).

šŸŽ® Games and Metaverses Lose Hundreds of Millions
The gaming sector reported $389 million in losses, accounting for 18% of all attacks. šŸŽ²

šŸš© Rug Pulls Shift to Solana
Scammers moved from BNB Chain to Solana, driven by the growing popularity of meme coins. šŸ“ˆ

šŸŽÆ Presales Turn into Traps: $122.5 Million Stolen in One Month!
In April 2024, scammers executed 27 fraud schemes using presales. šŸ’° They also exploited the names of celebrities and influencers to deceive investors.

šŸ‘Øā€šŸ’» Phishing and North Korean Hackers
Phishing attacks led to $600 million in stolen funds, while North Korean hackers siphoned off $1.34 billion.

āš ļø Stay Alert!
Crypto scams are becoming increasingly sophisticated. šŸ›”ļø Behind every meme coin, a trap could be waiting!
#Hack #scamriskwarning #solana
šŸšØ Beware: The Truth About Tronkeeper Scams! šŸšØ Have you seen posts about claiming rewards on platforms like Tronkeeper? It might look tempting, but letā€™s break it down and uncover the truth behind their claims. What Theyā€™re Saying: According to their post: 1ļøāƒ£ Enter your USDT (TRC20) wallet and submit. 2ļøāƒ£ Pay a fee to claim your rewards, supposedly to cover "blockchain transfer costs." They claim these fees are necessary to maintain smooth transactions for "millions of users." Sounds professional, right? šŸ¤” But thereā€™s a catch, and users have started exposing it! What Users Are Exposing: šŸ”¹ Fee Mismatch: They demand 5 TON as a "gas fee" for withdrawing your $200. But hereā€™s the issueā€”TON and TRON are two completely different blockchains! They cannot use TON to cover gas fees on TRON. This technical inconsistency screams red flag. šŸ”¹ Community Feedback: ā–ŖļøŽYou want me to pay 5 TON to withdraw $200? That makes no sense! ā–ŖļøŽIf itā€™s legitimate, deduct the fee from my balance instead of asking for more money. ā–ŖļøŽAnything that requires paying money to receive money is pure scam behavior. Why This is Dangerous 1ļøāƒ£ No Guarantee of Payouts: Once you send your money, itā€™s unlikely youā€™ll ever see your rewards. 2ļøāƒ£ Exploiting Trust: Scammers use technical jargon to confuse users into thinking itā€™s a legitimate transaction. 3ļøāƒ£ Loss of Funds: People spend time and effort accumulating these so-called rewards, only to be asked for fees they cannot recover. How to Protect Yourself šŸšØ Do Your Research: Always verify the platformā€™s credibility. šŸšØ Understand Blockchain Basics: TON and TRON are different; knowing this can help you spot inconsistencies. šŸšØ Avoid Upfront Payments: If you need to send money to receive money, itā€™s likely a scam. Final Thought: These scammers rely on trust and confusion to exploit users. Stay informed, share this knowledge, and protect yourself from falling for their tricks! šŸ’” āš ļø Share this post to warn others!šŸ’Ŗ#scamriskwarning
šŸšØ Beware: The Truth About Tronkeeper Scams! šŸšØ

Have you seen posts about claiming rewards on platforms like Tronkeeper? It might look tempting, but letā€™s break it down and uncover the truth behind their claims.

What Theyā€™re Saying:

According to their post:
1ļøāƒ£ Enter your USDT (TRC20) wallet and submit.
2ļøāƒ£ Pay a fee to claim your rewards, supposedly to cover "blockchain transfer costs."
They claim these fees are necessary to maintain smooth transactions for "millions of users."

Sounds professional, right? šŸ¤” But thereā€™s a catch, and users have started exposing it!

What Users Are Exposing:

šŸ”¹ Fee Mismatch: They demand 5 TON as a "gas fee" for withdrawing your $200. But hereā€™s the issueā€”TON and TRON are two completely different blockchains! They cannot use TON to cover gas fees on TRON. This technical inconsistency screams red flag.

šŸ”¹ Community Feedback:
ā–ŖļøŽYou want me to pay 5 TON to withdraw $200? That makes no sense!

ā–ŖļøŽIf itā€™s legitimate, deduct the fee from my balance instead of asking for more money.

ā–ŖļøŽAnything that requires paying money to receive money is pure scam behavior.

Why This is Dangerous

1ļøāƒ£ No Guarantee of Payouts: Once you send your money, itā€™s unlikely youā€™ll ever see your rewards.
2ļøāƒ£ Exploiting Trust: Scammers use technical jargon to confuse users into thinking itā€™s a legitimate transaction.
3ļøāƒ£ Loss of Funds: People spend time and effort accumulating these so-called rewards, only to be asked for fees they cannot recover.

How to Protect Yourself

šŸšØ Do Your Research: Always verify the platformā€™s credibility.
šŸšØ Understand Blockchain Basics: TON and TRON are different; knowing this can help you spot inconsistencies.
šŸšØ Avoid Upfront Payments: If you need to send money to receive money, itā€™s likely a scam.

Final Thought:

These scammers rely on trust and confusion to exploit users. Stay informed, share this knowledge, and protect yourself from falling for their tricks! šŸ’”

āš ļø Share this post to warn others!šŸ’Ŗ#scamriskwarning
Grover Ketchum CoGN:
This guy have 8 billions. Next tron ceo I supposed
--
Bullish
šŸšØ Nigerian Crypto-Romance Scams: A Wake-Up Call šŸšØ šŸŒ“ Cairns Romance Scam: 60yo Woman Loses $200k to Online Fraudster šŸ˜± šŸ’” Scam Details: - 60-year-old woman from Cairns, Australia, met a scammer on a dating app šŸ’˜ - Scammer posed as a US soldier, gained her trust, and asked for crypto investments šŸ’ø - Woman lost $200,000 to the scammer, leaving her financially devastated šŸ˜¢ šŸ“Š Alarming Stats: - 1 in 5 Australians have been targeted by romance scams šŸ“Š - $200 million lost to romance scams in Australia in 2022 šŸ’ø - Nigerian crypto-romance scams are on the rise, targeting vulnerable individuals worldwide šŸŒŽ šŸš« Red Flags: - Unrealistic or generic profiles šŸ’” - Quick requests for crypto or financial info šŸšØ - Poor grammar or inconsistent communication šŸ“ šŸ”’ Protect Yourself: - Verify profiles and research potential partners šŸ” - Never send crypto or financial info to strangers šŸš« - Use reputable dating apps/sites and report suspicious activity šŸ“Š šŸ¤ Report Scams: - File a complaint with the Australian Competition and Consumer Commission (ACCC) or local authorities šŸ“Š - Share your story to help others avoid similar scams šŸ’¬ Stay vigilant and prioritize your online safety! šŸ’»šŸ”’ $BTC {spot}(BTCUSDT) $COMP {spot}(COMPUSDT) $NEXO {spot}(NEXOUSDT) #BinanceLaunchpoolBIO #BinanceAlphaAlert #MicroStrategyInNasdaq100 #scamriskwarning #Write2Earn
šŸšØ Nigerian Crypto-Romance Scams: A Wake-Up Call šŸšØ

šŸŒ“ Cairns Romance Scam: 60yo Woman Loses $200k to Online Fraudster šŸ˜±

šŸ’” Scam Details:

- 60-year-old woman from Cairns, Australia, met a scammer on a dating app šŸ’˜
- Scammer posed as a US soldier, gained her trust, and asked for crypto investments šŸ’ø
- Woman lost $200,000 to the scammer, leaving her financially devastated šŸ˜¢

šŸ“Š Alarming Stats:

- 1 in 5 Australians have been targeted by romance scams šŸ“Š
- $200 million lost to romance scams in Australia in 2022 šŸ’ø
- Nigerian crypto-romance scams are on the rise, targeting vulnerable individuals worldwide šŸŒŽ

šŸš« Red Flags:

- Unrealistic or generic profiles šŸ’”
- Quick requests for crypto or financial info šŸšØ
- Poor grammar or inconsistent communication šŸ“

šŸ”’ Protect Yourself:

- Verify profiles and research potential partners šŸ”
- Never send crypto or financial info to strangers šŸš«
- Use reputable dating apps/sites and report suspicious activity šŸ“Š

šŸ¤ Report Scams:

- File a complaint with the Australian Competition and Consumer Commission (ACCC) or local authorities šŸ“Š
- Share your story to help others avoid similar scams šŸ’¬

Stay vigilant and prioritize your online safety! šŸ’»šŸ”’

$BTC
$COMP
$NEXO
#BinanceLaunchpoolBIO #BinanceAlphaAlert #MicroStrategyInNasdaq100 #scamriskwarning #Write2Earn
#scamriskwarning #BtcNewHolder Bitcoin and Crypto Markets Dip As North Korean Hacking Threat Triggers $112,000,000 in Outflows From Hyperliquid At the tail end of the weekend, well-known blockchain security expert Taylor Monahan who works for crypto wallet MetaMask reported that several addresses linked to the DPRK were trading on Hyperliquid, a decentralized perpetuals exchange with its own chain. MonahanĀ saidĀ the North Koreans were likely testing out the network before considering it as a target for their next attack. In its Discord channel, HyperliquidĀ disagreedĀ with Monahanā€™s analysis and said that there was no threat from the DPRK. ā€œWe are aware of reports circulating regarding activity by supposed DPRK addresses. There has been no DPRK exploit ā€“ or any exploit for that matter ā€“ of Hyperliquid. All user funds are accounted for. Hyperliquid Labs takes opsec seriously. No vulnerabilities have been shared by any party.ā€ However,Ā HYPE, Hyperliquidā€™s native token, dropped nearly 20% while the exchange suffered nearly $113 million in stablecoin outflows, according to blockchain analytics platform Dune. HYPE has since stabilized and is currently trading at $26.75 with a market cap of $9.1 billion, and itā€™s correction is more or less in line with the rest of the crypto markets. Earlier this month, the U.S. Treasury Departmentā€™s Office of Foreign Assets Control (OFAC)Ā saidĀ it was dismantling North Koreaā€™s digital asset money laundering network byĀ sanctioning Chinese nationals Lu Huaying and Zhang Jian who used a front company in the United Arab Emirates (UAE) to launder illicit money and convert crypto funds for the DPRK. Says Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley T. Smith, ā€œAs the DPRK continues to use complex criminal schemes to fund its WMD and ballistic missile programsā€”including through the exploitation of digital assetsā€”Treasury remains focused on disrupting the networks that facilitate this flow of funds to the regime.ā€ More interesting news ā€“ subscribe $BTC
#scamriskwarning #BtcNewHolder

Bitcoin and Crypto Markets Dip As North Korean Hacking Threat Triggers $112,000,000 in Outflows From Hyperliquid

At the tail end of the weekend, well-known blockchain security expert Taylor Monahan who works for crypto wallet MetaMask reported that several addresses linked to the DPRK were trading on Hyperliquid, a decentralized perpetuals exchange with its own chain.
MonahanĀ saidĀ the North Koreans were likely testing out the network before considering it as a target for their next attack.
In its Discord channel, HyperliquidĀ disagreedĀ with Monahanā€™s analysis and said that there was no threat from the DPRK.
ā€œWe are aware of reports circulating regarding activity by supposed DPRK addresses. There has been no DPRK exploit ā€“ or any exploit for that matter ā€“ of Hyperliquid. All user funds are accounted for. Hyperliquid Labs takes opsec seriously. No vulnerabilities have been shared by any party.ā€
However,Ā HYPE, Hyperliquidā€™s native token, dropped nearly 20% while the exchange suffered nearly $113 million in stablecoin outflows, according to blockchain analytics platform Dune.
HYPE has since stabilized and is currently trading at $26.75 with a market cap of $9.1 billion, and itā€™s correction is more or less in line with the rest of the crypto markets.
Earlier this month, the U.S. Treasury Departmentā€™s Office of Foreign Assets Control (OFAC)Ā saidĀ it was dismantling North Koreaā€™s digital asset money laundering network byĀ sanctioning Chinese nationals Lu Huaying and Zhang Jian who used a front company in the United Arab Emirates (UAE) to launder illicit money and convert crypto funds for the DPRK.
Says Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley T. Smith,
ā€œAs the DPRK continues to use complex criminal schemes to fund its WMD and ballistic missile programsā€”including through the exploitation of digital assetsā€”Treasury remains focused on disrupting the networks that facilitate this flow of funds to the regime.ā€

More interesting news ā€“ subscribe

$BTC
BlumšŸ‹šŸ‹šŸ¤Ŗ So, hereā€™s my new record in Blum! A Christmas event is currently underway, so if you believe in Blum or, like me, play out of boredom, this is your chance to beat my record! #Blum #BlumRecord #ScamRiskWarning
BlumšŸ‹šŸ‹šŸ¤Ŗ
So, hereā€™s my new record in Blum!
A Christmas event is currently underway, so if you believe in Blum or, like me, play out of boredom, this is your chance to beat my record!

#Blum #BlumRecord #ScamRiskWarning
--
LIVE
TIGRE_48
--
This Christmas šŸŽ„, bring many gifts šŸ„³šŸŽ.

But also many scams šŸ‘®ā€ā™‚ļøšŸš“šŸšØ.

That's why we remind you āœļø ( Be careful āš ļø )

āœ‹ Do not participate in any raffle šŸš«

āœ‹ Do not share your information šŸš«

šŸ‘®ā€ā™‚ļø Companies do not message you privately to give away money ( they are scammers ) šŸš“šŸšØ.

#StaySafeInTheCryptoWorld
#ScamT48
Critical Analysis of the "Act I: The AI Prophecy" ($ACT) Project: Scam or Not?$SOL {spot}(SOLUSDT) The cryptocurrency market has recently witnessed significant controversy surrounding the legitimacy of the "Act I: The AI Prophecy" ($ACT) token. The token faces accusations of being a scam. In this article, we provide a comprehensive analysis of the project based on the available evidence, offering a critical review supported by credible sources. 1. Allegations and Accusations: 1.1 Intellectual Property Theft Allegations: According to "Cyborgism Wiki," the $ACT project is accused of appropriating ideas and trademarks from an original developer who had withdrawn from the project. These claims suggest unauthorized use of the original project's materials. Source: Cyborgism Wiki - ACT 1.2 Fraud Allegations: Reports circulating on social media platforms and cryptocurrency forums like "Bitcointalk" claim that the project team comprises individuals with unclear backgrounds, raising further doubts about their intentions. Source: Bitcointalk Forum$XRP {spot}(XRPUSDT) 2. Project Analysis: 2.1 Official Documents and Future Plans: Whitepaper: A review of the project's technical document reveals that the provided information is vague, lacking clear technical details or a roadmap.Source: Whitepaper of the $ACT project (Note: The link to the whitepaper should be verified directly from the project website or trusted forums).Lack of Transparency: No information is available regarding the founding team or their professional backgrounds. 2.2 Financial Activities and Suspicious Practices: Sudden Price Surge: As reported by "Crypto Times," the token experienced an unjustified 2000% price surge after being listed on Binance, raising concerns about potential market manipulation.Source: Crypto TimesRandom Token Distribution: Several reports highlight that users received large quantities of the token unsolicited, a common tactic used to deceive investors.Source: CoinDesk 3. Community Warnings and Independent Sources: Cryptocurrency Forums: On forums like "Gate.io," users have described the token as fraudulent, citing the absence of real utility or sustainable development.Source: Gate.io ForumExpert Reports: No reputable institutions have released reports endorsing the projectā€™s credibility.Source: Bitcoin Magazine 4. Criteria for Identifying Scams: To determine whether the project is a scam, its behaviors were compared to common scam patterns: Unrealistic Returns Promises: There is no tangible product or service supporting the promised outcomes.Source: CoinTelegraphLack of Transparency: The founding team remains anonymous, and there are no clear plans for the future.Source: DecryptSuspicious Market Activities: Evident market manipulation and sudden price increases.Source: CryptoSlate Conclusion and Recommendations: Based on the available evidence, "Act I: The AI Prophecy" ($ACT) exhibits all signs indicative of being a scam: Lack of transparency.Intellectual property theft allegations.Unjustified and suspicious activities. Recommendation: Investors are advised to avoid this token unless independent reports and analyses substantiate its credibility. Caution should always be exercised when dealing with cryptocurrency projects that lack transparency and reliability. References: Solscan Token Overview: Solscan Token OverviewCyborgism Wiki - ACT: Cyborgism Wiki - ACTCrypto Times: Crypto TimesBitcointalk Forum: Bitcointalk ForumGate.io Forum: Gate.io ForumBitcoin Magazine: Bitcoin MagazineCoinDesk: CoinDeskCoinTelegraph: CoinTelegraphDecrypt: DecryptCryptoSlate: CryptoSlate #BinanceSquareFamily #ACTCoin #altsesaon #ScamRiskWarning #BTCNextMove

Critical Analysis of the "Act I: The AI Prophecy" ($ACT) Project: Scam or Not?

$SOL

The cryptocurrency market has recently witnessed significant controversy surrounding the legitimacy of the "Act I: The AI Prophecy" ($ACT) token. The token faces accusations of being a scam. In this article, we provide a comprehensive analysis of the project based on the available evidence, offering a critical review supported by credible sources.
1. Allegations and Accusations:
1.1 Intellectual Property Theft Allegations:
According to "Cyborgism Wiki," the $ACT project is accused of appropriating ideas and trademarks from an original developer who had withdrawn from the project. These claims suggest unauthorized use of the original project's materials.
Source: Cyborgism Wiki - ACT
1.2 Fraud Allegations:
Reports circulating on social media platforms and cryptocurrency forums like "Bitcointalk" claim that the project team comprises individuals with unclear backgrounds, raising further doubts about their intentions.
Source: Bitcointalk Forum$XRP 2. Project Analysis:
2.1 Official Documents and Future Plans:
Whitepaper: A review of the project's technical document reveals that the provided information is vague, lacking clear technical details or a roadmap.Source: Whitepaper of the $ACT project (Note: The link to the whitepaper should be verified directly from the project website or trusted forums).Lack of Transparency: No information is available regarding the founding team or their professional backgrounds.
2.2 Financial Activities and Suspicious Practices:
Sudden Price Surge: As reported by "Crypto Times," the token experienced an unjustified 2000% price surge after being listed on Binance, raising concerns about potential market manipulation.Source: Crypto TimesRandom Token Distribution: Several reports highlight that users received large quantities of the token unsolicited, a common tactic used to deceive investors.Source: CoinDesk
3. Community Warnings and Independent Sources:
Cryptocurrency Forums: On forums like "Gate.io," users have described the token as fraudulent, citing the absence of real utility or sustainable development.Source: Gate.io ForumExpert Reports: No reputable institutions have released reports endorsing the projectā€™s credibility.Source: Bitcoin Magazine
4. Criteria for Identifying Scams:
To determine whether the project is a scam, its behaviors were compared to common scam patterns:
Unrealistic Returns Promises: There is no tangible product or service supporting the promised outcomes.Source: CoinTelegraphLack of Transparency: The founding team remains anonymous, and there are no clear plans for the future.Source: DecryptSuspicious Market Activities: Evident market manipulation and sudden price increases.Source: CryptoSlate
Conclusion and Recommendations:
Based on the available evidence, "Act I: The AI Prophecy" ($ACT) exhibits all signs indicative of being a scam:
Lack of transparency.Intellectual property theft allegations.Unjustified and suspicious activities.
Recommendation: Investors are advised to avoid this token unless independent reports and analyses substantiate its credibility. Caution should always be exercised when dealing with cryptocurrency projects that lack transparency and reliability.
References:
Solscan Token Overview: Solscan Token OverviewCyborgism Wiki - ACT: Cyborgism Wiki - ACTCrypto Times: Crypto TimesBitcointalk Forum: Bitcointalk ForumGate.io Forum: Gate.io ForumBitcoin Magazine: Bitcoin MagazineCoinDesk: CoinDeskCoinTelegraph: CoinTelegraphDecrypt: DecryptCryptoSlate: CryptoSlate

#BinanceSquareFamily

#ACTCoin

#altsesaon

#ScamRiskWarning

#BTCNextMove
Kiara Driever OoXd:
i see the team in x make so good he is working
#ScamRiskWarning Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company The U.S. Treasury Departmentā€™s Office of Foreign Assets Control (OFAC) says it is dismantling North Koreaā€™s digital asset money laundering network by taking action against individuals and entities involved in the operation. In a statement, the OFACĀ saysĀ it is sanctioning Chinese nationals Lu Huaying and Zhang Jian who worked for the network that used a front company in the United Arab Emirates (UAE) to launder illicit money and convert crypto funds for North Korea. The OFAC says the Hermit Kingdom is using agents and proxies to access the international financial system and engage in illicit revenue generation schemes such as conducting fraudulent IT work and stealing digital assets. The agency says representatives set up shell companies and manage bank accounts to move and disguise funds that will be used to finance North Koreaā€™s unlawful weapons of mass destruction (WMD) and ballist1c missile programs. Says Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley T. Smith, ā€œAs the DPRK continues to use complex criminal schemes to fund its WMD and ballist1c missile programsā€”including through the exploitation of digital assetsā€”Treasury remains focused on disrupting the networks that facilitate this flow of funds to the regime.ā€ The OFAC says Lu cashed out crypto from North Koreaā€™s revenue-generation projects into fiat on behalf of the OFAC-sanctioned Sim Hyon Sop, who leads the laundering network. Zhang helped facilitate the exchange of fiat currency and served as a courier for Sim. The OFAC is also sanctioning Green Alpine Trading, the UAE-based shell company used by the laundering network. More interesting news ā€“ subscribe ā€“ I will be grateful for tips $USDC
#ScamRiskWarning

Treasury Department Disrupts North Korean Crypto Money Laundering Operation Using UAE-Based Shell Company

The U.S. Treasury Departmentā€™s Office of Foreign Assets Control (OFAC) says it is dismantling North Koreaā€™s digital asset money laundering network by taking action against individuals and entities involved in the operation.
In a statement, the OFACĀ saysĀ it is sanctioning Chinese nationals Lu Huaying and Zhang Jian who worked for the network that used a front company in the United Arab Emirates (UAE) to launder illicit money and convert crypto funds for North Korea.
The OFAC says the Hermit Kingdom is using agents and proxies to access the international financial system and engage in illicit revenue generation schemes such as conducting fraudulent IT work and stealing digital assets.
The agency says representatives set up shell companies and manage bank accounts to move and disguise funds that will be used to finance North Koreaā€™s unlawful weapons of mass destruction (WMD) and ballist1c missile programs.
Says Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley T. Smith,
ā€œAs the DPRK continues to use complex criminal schemes to fund its WMD and ballist1c missile programsā€”including through the exploitation of digital assetsā€”Treasury remains focused on disrupting the networks that facilitate this flow of funds to the regime.ā€
The OFAC says Lu cashed out crypto from North Koreaā€™s revenue-generation projects into fiat on behalf of the OFAC-sanctioned Sim Hyon Sop, who leads the laundering network.
Zhang helped facilitate the exchange of fiat currency and served as a courier for Sim.
The OFAC is also sanctioning Green Alpine Trading, the UAE-based shell company used by the laundering network.

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#ScamRiskWarning Crypto Platforms Suffered $2,200,000,000 in Losses From Hacks in 2024 Leading blockchain data analysis firm Chainalysis says hackers stole over $2 billion from crypto platforms this year. Even more alarming, according to the Chainalysis report, stolen funds saw more than a 20% increase from 2023. ā€œCrypto hacking remains a persistent threat, with four years in the past decade individually seeing more than a billion dollars worth of crypto stolen (2018, 2021, 2022, and 2023). 2024 marks the fifth year to reach this troubling milestone, highlighting how, as crypto adoption and prices rise, so too does the amount that can be stolen. In 2024, funds stolen increased by approximately 21.07% year-over-year (YoY) to $2.2 billion, and the number of individual hacking incidents increased from 282 in 2023 to 303 in 2024.ā€ Curiously, however, Chainalysis notes that hacking has slowed dramatically in the second half of 2024. ā€œIn our mid-year crime update, we noted that cumulative value stolen between January 2024 and July 2024 had already reached $1.58 billion, approximately 84.4% higher than the value stolen over the same period in 2023ā€¦ However, 2024ā€™s upward trend slowed considerably after July, after which it remained relatively steady.ā€ Despite the slowdown, Chainalysis also reveals a daunting fact: North Korean hackers stole more crypto in 2024 than ever before. ā€œIn 2023, North Korea-affiliated hackers stole approximately $660.50 million across 20 incidents; in 2024, this number increased to $1.34 billion stolen across 47 incidents ā€” a 102.88% increase in value stolen. These figures represent 61% of the total amount stolen for the year, and 20% of total incidents.ā€ More interesting news ā€“ subscribe ā€“ I will be grateful for tips $USDC
#ScamRiskWarning

Crypto Platforms Suffered $2,200,000,000 in Losses From Hacks in 2024

Leading blockchain data analysis firm Chainalysis says hackers stole over $2 billion from crypto platforms this year.
Even more alarming, according to the Chainalysis report, stolen funds saw more than a 20% increase from 2023.
ā€œCrypto hacking remains a persistent threat, with four years in the past decade individually seeing more than a billion dollars worth of crypto stolen (2018, 2021, 2022, and 2023). 2024 marks the fifth year to reach this troubling milestone, highlighting how, as crypto adoption and prices rise, so too does the amount that can be stolen.
In 2024, funds stolen increased by approximately 21.07% year-over-year (YoY) to $2.2 billion, and the number of individual hacking incidents increased from 282 in 2023 to 303 in 2024.ā€

Curiously, however, Chainalysis notes that hacking has slowed dramatically in the second half of 2024.
ā€œIn our mid-year crime update, we noted that cumulative value stolen between January 2024 and July 2024 had already reached $1.58 billion, approximately 84.4% higher than the value stolen over the same period in 2023ā€¦
However, 2024ā€™s upward trend slowed considerably after July, after which it remained relatively steady.ā€
Despite the slowdown, Chainalysis also reveals a daunting fact: North Korean hackers stole more crypto in 2024 than ever before.
ā€œIn 2023, North Korea-affiliated hackers stole approximately $660.50 million across 20 incidents; in 2024, this number increased to $1.34 billion stolen across 47 incidents ā€” a 102.88% increase in value stolen. These figures represent 61% of the total amount stolen for the year, and 20% of total incidents.ā€

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#CrudoProtocol RED FLAG Hello everyone. Today I was taking a look at my airdrops, investments and portfolios when I suddenly came across a message in the Crudo Protocol group saying that the token would no longer be launched until December 31st. It was explained that more funds were needed to have larger partnerships with larger exchanges. Now a poll was placed in a Crudo Protocol team chat for members to comment on the postponement of the token launch (a very suspicious vote) where of course, by a large majority people even understood and seemed almost happy. šŸ˜… DO YOU KNOW THAT RED FLAG? Then. I just said that it was to be expected because the pre-sale hadn't finished and that the mistake had been promising something that was as basic to understand as: If they do not complete the pre-sales stages, they cannot fulfill the promise of the investment plan. I have 20$ of crudo and I didn't care at all that the token came out later but to say that it was wrong to sell under promise of honor and that the launch would be until December 31st, it didn't matter what pre-sale stages or market conditions existed ... I WAS BANNED. And that's a big #REDFLAG I feel sorry for anyone who put in thousands hoping to get a return this year honestly. Besides, anyone who read this narrative about leaving under whatever conditions until December 31st was already suspicious, so I just invested 20$ Avoid projects by anonymous teams and if you see the history of the wallets that created the Token on the BNB network soon and you realize that something is not right. DON'T WASTE YOUR MONEY šŸ’¶ MEMBERS ARE BEING EXPULDED FROM GROUPS AND THE NARRATIVE OF SCAMMERS ACTING FOR US HAS ALREADY APPEARED. (Prints attached) #Crudo #CrudoProtocol #ScamRiskWarning
#CrudoProtocol RED FLAG

Hello everyone.
Today I was taking a look at my airdrops, investments and portfolios when I suddenly came across a message in the Crudo Protocol group saying that the token would no longer be launched until December 31st.

It was explained that more funds were needed to have larger partnerships with larger exchanges.

Now a poll was placed in a Crudo Protocol team chat for members to comment on the postponement of the token launch (a very suspicious vote) where of course, by a large majority people even understood and seemed almost happy. šŸ˜…

DO YOU KNOW THAT RED FLAG?

Then. I just said that it was to be expected because the pre-sale hadn't finished and that the mistake had been promising something that was as basic to understand as:

If they do not complete the pre-sales stages, they cannot fulfill the promise of the investment plan.

I have 20$ of crudo and I didn't care at all that the token came out later but to say that it was wrong to sell under promise of honor and that the launch would be until December 31st, it didn't matter what pre-sale stages or market conditions existed ...

I WAS BANNED.
And that's a big #REDFLAG

I feel sorry for anyone who put in thousands hoping to get a return this year honestly.

Besides, anyone who read this narrative about leaving under whatever conditions until December 31st was already suspicious, so I just invested 20$

Avoid projects by anonymous teams and if you see the history of the wallets that created the Token on the BNB network soon and you realize that something is not right.

DON'T WASTE YOUR MONEY šŸ’¶

MEMBERS ARE BEING EXPULDED FROM GROUPS AND THE NARRATIVE OF SCAMMERS ACTING FOR US HAS ALREADY APPEARED. (Prints attached)

#Crudo #CrudoProtocol #ScamRiskWarning
šŸšØBREAKING NEWS: ANTHROPICAI'S X ACCOUNT HACKED, POSTS RUG PULL SCAM. #scamriskwarning
šŸšØBREAKING NEWS: ANTHROPICAI'S X ACCOUNT HACKED, POSTS RUG PULL SCAM.
#scamriskwarning
šŸšØ Stay Alert: Beware of Fake Airdrops! šŸšØScammers: "Claim free tokens! Just send us your wallet keys or pay a small fee!" šŸŖ™āœØ You: "Free tokens? Sounds amazing!" 5 minutes later: "Why is my wallet empty? šŸ˜±" How Fake Airdrops Work: 1ļøāƒ£ Too-Good-to-Be-True Promises ā€“ Flashy posts claiming "Exclusive Airdrops!" 2ļøāƒ£ Suspicious Links ā€“ Direct you to shady websites or forms. 3ļøāƒ£ Scam Requests ā€“ Asking for your private keys or a small "processing fee." 4ļøāƒ£ Poof! ā€“ Your wallet is drained faster than you can say "blockchain." How to Protect Yourself: šŸš« Never share your private keys or seed phrases. šŸ›‘ Real airdrops never require upfront fees. āœ… Always verify announcements from official sources. #FreeAirDrop #scamriskwarning #beaware #FakeAirdrops Don't let scammers "take" your funds! Stay safe and protect your wallet. šŸ’Ŗ $BNB $TON

šŸšØ Stay Alert: Beware of Fake Airdrops! šŸšØ

Scammers: "Claim free tokens! Just send us your wallet keys or pay a small fee!" šŸŖ™āœØ
You: "Free tokens? Sounds amazing!"
5 minutes later: "Why is my wallet empty? šŸ˜±"

How Fake Airdrops Work:

1ļøāƒ£ Too-Good-to-Be-True Promises ā€“ Flashy posts claiming "Exclusive Airdrops!"
2ļøāƒ£ Suspicious Links ā€“ Direct you to shady websites or forms.
3ļøāƒ£ Scam Requests ā€“ Asking for your private keys or a small "processing fee."
4ļøāƒ£ Poof! ā€“ Your wallet is drained faster than you can say "blockchain."

How to Protect Yourself:

šŸš« Never share your private keys or seed phrases.
šŸ›‘ Real airdrops never require upfront fees.
āœ… Always verify announcements from official sources.
#FreeAirDrop #scamriskwarning #beaware #FakeAirdrops
Don't let scammers "take" your funds! Stay safe and protect your wallet. šŸ’Ŗ
$BNB
$TON
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VELO's Rise and Fall - Is a Comeback Imminent or a Rug Pull Looming?"Velodrome Finance (VELO) has recently garnered significant attention in the cryptocurrency market, particularly following its listing on Binance. This article delves into the current state of VELO, examines the factors influencing its price movements, analyzes its performance since the Binance listing, provides a price prediction, and assesses the potential risks associated with the token. 1. Current Status of VELO Cryptocurrency: VELO is the native token of Velodrome Finance, a decentralized exchange (DEX) operating on the Optimism network. The platform has positioned itself as a major player in the decentralized finance (DeFi) space, offering competitive swap rates and innovative liquidity solutions. As of December 17, 2024, VELO is trading at approximately $0.03126, with a market capitalization of around $231 million and a 24-hour trading volume of about $65.72 million. 2. Post-Binance Listing Performance: VELO experienced a significant surge following its listing on Binance. On December 13, 2024, the token's price jumped by 170%, reaching a high of $0.39 shortly after the announcement. This listing increased the token's visibility and accessibility, contributing to heightened investor interest. 3. Analysis Since Binance Listing: Despite the initial surge, VELO's price has exhibited volatility. After peaking at $0.42, the token has retraced to its current level of approximately $0.03126. This decline suggests that the initial excitement may have waned, leading to profit-taking and market corrections. Such patterns are common following major exchange listings, where an initial pump is often followed by a consolidation phase. 4. Price Prediction: Predicting cryptocurrency prices involves considerable uncertainty due to market volatility and external factors. However, some analysts have identified bullish patterns for VELO. For instance, a cup and handle formation suggests a potential rise to $0.054, representing a 109% increase from current levels. This projection is contingent upon market conditions and investor sentiment remaining favorable. 5. Potential Risks and Rug Pull Concerns: A rug pull is a type of exit scam where developers abandon a project after securing substantial investor funds, leaving investors with worthless tokens. While there have been discussions on platforms like Reddit labeling VELO as a scam token, it's important to note that Velodrome Finance has undergone audits, with no major or high-risk issues identified. However, some low-risk recommendations were made. Investors should exercise caution, conduct thorough research, and remain vigilant for any red flags indicating potential fraud. Conclusion: VELO's journey post-Binance listing has been marked by significant volatility. While the initial surge showcased strong market interest, the subsequent correction underscores the inherent risks in cryptocurrency investments. Potential investors should conduct comprehensive due diligence, remain aware of market dynamics, and consider the speculative nature of such assets before making investment decisions. $VELODROME #Write2Earn! #scamriskwarning

VELO's Rise and Fall - Is a Comeback Imminent or a Rug Pull Looming?"

Velodrome Finance (VELO) has recently garnered significant attention in the cryptocurrency market, particularly following its listing on Binance. This article delves into the current state of VELO, examines the factors influencing its price movements, analyzes its performance since the Binance listing, provides a price prediction, and assesses the potential risks associated with the token.
1. Current Status of VELO Cryptocurrency:
VELO is the native token of Velodrome Finance, a decentralized exchange (DEX) operating on the Optimism network. The platform has positioned itself as a major player in the decentralized finance (DeFi) space, offering competitive swap rates and innovative liquidity solutions. As of December 17, 2024, VELO is trading at approximately $0.03126, with a market capitalization of around $231 million and a 24-hour trading volume of about $65.72 million.
2. Post-Binance Listing Performance:
VELO experienced a significant surge following its listing on Binance. On December 13, 2024, the token's price jumped by 170%, reaching a high of $0.39 shortly after the announcement. This listing increased the token's visibility and accessibility, contributing to heightened investor interest.
3. Analysis Since Binance Listing:
Despite the initial surge, VELO's price has exhibited volatility. After peaking at $0.42, the token has retraced to its current level of approximately $0.03126. This decline suggests that the initial excitement may have waned, leading to profit-taking and market corrections. Such patterns are common following major exchange listings, where an initial pump is often followed by a consolidation phase.
4. Price Prediction:
Predicting cryptocurrency prices involves considerable uncertainty due to market volatility and external factors. However, some analysts have identified bullish patterns for VELO. For instance, a cup and handle formation suggests a potential rise to $0.054, representing a 109% increase from current levels. This projection is contingent upon market conditions and investor sentiment remaining favorable.
5. Potential Risks and Rug Pull Concerns:
A rug pull is a type of exit scam where developers abandon a project after securing substantial investor funds, leaving investors with worthless tokens. While there have been discussions on platforms like Reddit labeling VELO as a scam token, it's important to note that Velodrome Finance has undergone audits, with no major or high-risk issues identified. However, some low-risk recommendations were made. Investors should exercise caution, conduct thorough research, and remain vigilant for any red flags indicating potential fraud.
Conclusion:
VELO's journey post-Binance listing has been marked by significant volatility. While the initial surge showcased strong market interest, the subsequent correction underscores the inherent risks in cryptocurrency investments. Potential investors should conduct comprehensive due diligence, remain aware of market dynamics, and consider the speculative nature of such assets before making investment decisions.
$VELODROME #Write2Earn! #scamriskwarning
Ledger Wallet User Reports $1.5M in Losses, Crypto Community Links Incident to 2022 Phishing AttackA crypto enthusiast recently took to social media platform X to report a devastating loss of 10 Bitcoin (BTC) and $1.5 million worth of NFTs. Despite taking precautions with their Ledger Nano S wallet, the crypto community linked the incident to a phishing attack from 2022. The Incident: $1.5 Million and 10 BTC Gone On December 13, 2024, the user, known as "Anchor Drops," revealed their losses on X. They stated: "Hey @ledger, last night I lost 10 BTC and ~$1.5M of NFTs stored on my Ledger Nano S. The Ledger was purchased directly from you. The seed phrase was stored securely and never entered online. I have never signed any malicious transactions. Can you explain what happened?" The user emphasized that their seed phrase was kept in a secure location and that the wallet had not been used for over two months. They were searching for answers and clarity regarding the unexpected breach. Community Investigation: A 2022 Phishing Attack In response to the post, several members of the crypto community speculated that the loss stemmed from a phishing attack dating back to February 2022. One user, KDean, commented: "Sorry to hear that. Looks like the phish happened a few years ago and just woke up." KDean provided evidence tying the compromised Ethereum address to a phishing transaction labeled "Fake_Phishing5443." This transaction, dated February 22, 2022, reportedly involved the theft of sensitive wallet data, including the victim's seed phrase. How Did the Attack Unfold? Crypto experts suggest the phishing attack likely captured the seed phrase at the time, granting the hacker access to the victimā€™s funds across multiple blockchains. The hacker waited nearly three years before draining the wallet, a strategy often employed to evade suspicion. With Bitcoin currently valued at $105,000, the stolen 10 BTC translates to $1,050,000. Combined with the $1.5 million in NFTs, the total losses amount to over $2.5 million. Past Ledger Security Breaches This incident highlights ongoing security challenges for Ledger. Earlier this year, the company faced another attack where approximately $600,000 was stolen. The January 2024 breach involved phishing via the Ledger Connect Kit software, reportedly orchestrated by a former employee. In that case, malicious code redirected usersā€™ funds to the hackerā€™s wallet during interactions with decentralized applications (dApps). Ledger reimbursed affected users and implemented tighter security measures following the incident. Lessons for Crypto Users This case underscores the importance of vigilance when safeguarding digital assets. While hardware wallets like Ledger Nano S offer enhanced security, phishing attacks targeting seed phrases remain a significant threat. Users must remain cautious, avoid sharing sensitive information, and monitor their wallets for unusual activity. Security in the crypto world is ever-evolving, and staying informed is key to protecting your assets. $BTC {spot}(BTCUSDT) #MarketNewHype #ETHHits4KAgain #BTCNewATH #ScamAware #scamriskwarning

Ledger Wallet User Reports $1.5M in Losses, Crypto Community Links Incident to 2022 Phishing Attack

A crypto enthusiast recently took to social media platform X to report a devastating loss of 10 Bitcoin (BTC) and $1.5 million worth of NFTs. Despite taking precautions with their Ledger Nano S wallet, the crypto community linked the incident to a phishing attack from 2022.
The Incident: $1.5 Million and 10 BTC Gone
On December 13, 2024, the user, known as "Anchor Drops," revealed their losses on X. They stated:
"Hey @ledger, last night I lost 10 BTC and ~$1.5M of NFTs stored on my Ledger Nano S. The Ledger was purchased directly from you. The seed phrase was stored securely and never entered online. I have never signed any malicious transactions. Can you explain what happened?"
The user emphasized that their seed phrase was kept in a secure location and that the wallet had not been used for over two months. They were searching for answers and clarity regarding the unexpected breach.
Community Investigation: A 2022 Phishing Attack
In response to the post, several members of the crypto community speculated that the loss stemmed from a phishing attack dating back to February 2022. One user, KDean, commented:
"Sorry to hear that. Looks like the phish happened a few years ago and just woke up."
KDean provided evidence tying the compromised Ethereum address to a phishing transaction labeled "Fake_Phishing5443." This transaction, dated February 22, 2022, reportedly involved the theft of sensitive wallet data, including the victim's seed phrase.
How Did the Attack Unfold?
Crypto experts suggest the phishing attack likely captured the seed phrase at the time, granting the hacker access to the victimā€™s funds across multiple blockchains. The hacker waited nearly three years before draining the wallet, a strategy often employed to evade suspicion.
With Bitcoin currently valued at $105,000, the stolen 10 BTC translates to $1,050,000. Combined with the $1.5 million in NFTs, the total losses amount to over $2.5 million.
Past Ledger Security Breaches
This incident highlights ongoing security challenges for Ledger. Earlier this year, the company faced another attack where approximately $600,000 was stolen. The January 2024 breach involved phishing via the Ledger Connect Kit software, reportedly orchestrated by a former employee.
In that case, malicious code redirected usersā€™ funds to the hackerā€™s wallet during interactions with decentralized applications (dApps). Ledger reimbursed affected users and implemented tighter security measures following the incident.
Lessons for Crypto Users
This case underscores the importance of vigilance when safeguarding digital assets. While hardware wallets like Ledger Nano S offer enhanced security, phishing attacks targeting seed phrases remain a significant threat. Users must remain cautious, avoid sharing sensitive information, and monitor their wallets for unusual activity.
Security in the crypto world is ever-evolving, and staying informed is key to protecting your assets.

$BTC
#MarketNewHype #ETHHits4KAgain #BTCNewATH #ScamAware #scamriskwarning
Binance Customer Supportļ¼ŸBinance's customer support is accessible only via its official application. It is of utmost importance to exercise caution. Do not place your trust in individuals who reach out to you on social media, claiming to offer support. Such people are invariably scammers. We are grateful for your support. Please stay vigilant and safe. #Guidance #scamriskwarning

Binance Customer Supportļ¼Ÿ

Binance's customer support is accessible only via its official application.

It is of utmost importance to exercise caution. Do not place your trust in individuals who reach out to you on social media, claiming to offer support. Such people are invariably scammers.

We are grateful for your support. Please stay vigilant and safe.

#Guidance
#scamriskwarning
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Bearish
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Bearish
Real Comedian $BAN Crypto markets are not driven by analysis or indicatorsā€”it's the åŗ„家 (market makers) pulling the strings. Success lies in understanding their moves, not the charts. #scamriskwarning #AltcoinInvesting
Real Comedian $BAN

Crypto markets are not driven by analysis or indicatorsā€”it's the åŗ„家 (market makers) pulling the strings. Success lies in understanding their moves, not the charts.

#scamriskwarning #AltcoinInvesting
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