PNP, SEC Entrap, Arrest Five in Pangasinan Over Illegal Crypto Investment Scheme
Five suspects were entrapped and arrested in Pangasinan for operating a cryptocurrency scheme without SEC approval.
Crypto Crimes Surge in 2024: $2.36B Lost in Security Breaches
In 2024, cryptocurrency-related crimes escalated, with $2.36 billion lost across 760 security incidents, marking a 31.61% increase from the previous year.
Binance Warns of Rising ‘Clipper’ Malware Threat
For crypto traders, the news highlights the heightened security risks in cryptocurrency transactions, especially when using unofficial apps or plugins.
Alice Guo Reportedly Has Ties to Crypto Scams Network, Human Trafficking
The network is noted to be under investigation by United Nations agencies
Address Poisoning Scam: Tips To Avoid Losing Millions in Crypto
Address poisoning scam tricks victims into sending funds to attackers via misleading transactions.
BSP Alerts Public: Gov. Remolona Does Not Endorse ‘Tesler Code’ Crypto Scheme
Fraudsters are using AI to create fake endorsements and content, spreading false information about organizations, officials, and individuals, including the BSP.
Don’t Pay to Borrow: SEC Warns About Advance Fee Scam
SEC issues a warning on the ‘Advance Fee Scam,’ advising the public to stay alert to fake loan offers requiring upfront payments.
What is Recharging and Tasking Scam: SEC Warns Anew
Beware of the ‘Recharging and Tasking Scam’: SEC warns against fraudulent schemes enticing investments through fake e-commerce platforms, posing as reputable companies.
Legend of Constellations Rug Pull? Dev Abandons Project Leaving Pinoy Players With Worthless Tokens
The requirement to recharge 450 USDT first to be able to withdraw $LOCC is suspicious. Legitimate games and crypto projects do not require the participant to give money in exchange for more money.
Red Flags of Yexel Sebastian’s Investment Proposal
Yexel Sebastian and Mikee Agustin face ₱200 million fraud allegations for their investment scheme. Discover red flags and investor concerns in this case.