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Crypto Romance Scams, Known As Pig Butchering Frauds, Are Growing Online
Key Takeaways Crypto Legal tracks multiple threats known as Sha Zhu Pan, or “Pig Butchering” threats. These are confidence-based threats similar to romance scams. The threat actors lure a victim into depositing cryptocurrency into a fake cryptocurrency exchange. The threat actor steals the money. These pig butchering threats are typically managed by a large industry...
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Top 10 Cryptocurrency Scams - How To Avoid Falling Victim To Common
Cryptocurrency has become the new gold rush during the last few years. Even though it’s difficult to repeat the success of Bitcoin investors who earned thousands if not millions of dollars, it’s still possible. However, there is a serious downside to cryptocurrency popularity. Everyone wants to invest in a digital coin and gain great profit....
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6 Top Ledger Wallet Scams That You Should Know About
If you bought a Ledger hardware wallet, may it be the Ledger Nano S or the Bluetooth-enabled Ledger Nano X, chances are, you’ve bought them to have better security over your funds. And yes, you’ve definitely made a great choice. With that said, when you’re using a Ledger hardware wallet, it doesn’t automatically mean that...
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Losing access to your crypto is, unfortunately, a common occurrence in the crypto world: whether it’s due to forgetting your seed phrase to a particular wallet, a project you’ve bought into has been rug pulled, or one of your favourite NFT projects being hacked. While the monetary fallback of a situation like this is more...
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