A couple from Eden Prairie, Minnesota lost almost $10 million to a crypto scam involving a romance scammer on LinkedIn. The man was promised huge returns on an investment scheme and sent a total of $9.2 million in 21 transactions to the scammer without his wife's knowledge. The suspects did not invest any of the money but used it to buy cryptocurrency for themselves. This is one of the largest crypto fraud cases in Minnesota, where senior citizens have also fallen victim to similar scams.
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Minnesota Couple Loses Over $9,200,000 After ‘LinkedIn Adultress’ Misleads Man into Crypto Scam
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ZachXBT: Scam tokens issued after Yat Siu’s X account was stolen, originating from the same address as Kick & Vanar incident
according to ZachXBT, Yat Siu, co-founder of Animoca, may have been deceived by the same phishing email that targeted more than 10 X accounts of hackers, because the fraudulent tokens were deployed in the same address as Kick & Vanar CEO ATO. -
Chillguy creator X's account was briefly stolen and has been restored to control, calling on the community to be vigilant against abnormal content
Phillip Bankss, the creator of Chillguy's image, stated that his X account was stolen. Although he has regained control, hackers may have set up some scheduled tweets, or the account may not be completely safe yet. He called on the community to notify him promptly if they discover any abnormal content for him to handle. -
Odos DAO: Phishing email attacks related to the "ODOS Loyalty Program" have appeared, reminding users to be vigilant
Odos DAO posted on X platform, stating that they have noticed phishing email attacks related to the "ODOS Loyalty Program" in the community and reminded users to be cautious. Odos DAO and ODOS will not send emails to users. All official communication is only conducted through verified Twitter accounts. Do not click on any suspicious links. -
Report: 165 security incidents have occurred in the Web3 field so far in 2024, with losses exceeding US$2.3 billion
According to a report summarizing key security trends in 2024 by Cyvers, Web3 network threats will increase sharply in 2024, resulting in losses of over 2.3 billion US dollars and a total of 165 security incidents. Although the loss amount is 40% higher than in 2023 (1.69 billion US dollars), it is still 1.42 billion US dollars lower than in 2022 (3.78 billion US dollars). It is worth noting that 1.3 billion US dollars of stolen funds were recovered this year. -
Phishing ad links impersonating Virtuals Protocol appear in Google search results
according to Scam Sniffer, there are currently phishing ads impersonating Virtuals Protocol appearing in Google search results. If users click on these links to connect their wallets and sign transactions, these fraudulent ads may steal users' assets. Users should be careful to identify and prevent theft. -
Scam Sniffer: zkPass's X account was hacked and a fake airdrop message was published
Scam Sniffer posted on X platform that zkPass's X account was hacked and false airdrop messages were released, reminding the community to be cautious. -
Australia launches task force to tighten regulation of crypto ATMs
On December 6th, Australia established a special task force to strengthen the management of encrypted ATMs. The task force aims to ensure that digital currency exchanges (DCEs) that provide cryptocurrency ATM services comply with minimum standards. This measure is intended to implement strong measures to prevent these machines from being used for fraud, deception, or criminal transactions. -
Avalon Labs: Coordinated attacks against multiple projects in the Bitcoin ecosystem discovered, legitimate platforms were mistakenly reported as phishing sites
Avalon Labs has discovered a coordinated attack against multiple projects in the Bitcoin ecosystem, where legitimate platforms are being wrongly reported as phishing sites. They have reported this inappropriate behavior to Cloudflare and are actively working with them to address and resolve these malicious claims. -
ZachXBT: Suspected insiders made $3.8 million in profits on RTR
On August 10th, Chain Detective ZachXBT posted on social media that 4 addresses made a profit of $3.8 million in the RTR sell-off, with the 9G1ELG and GHoW2 addresses belonging to the same person and receiving 500 SOL in new funds within minutes after the TGE. Previously, it was reported that Restore The Republic (RTR) had its TGE on the evening of August 8th, with rumors circulating in the community that it was related to a new project by the Trump family. The RTR token reached a high of $0.156 on August 9th at midnight. Afterwards, Eric Trump, the current Executive Vice President of the Trump Organization and son of Donald Trump, warned on social media to "be careful of false tokens" and that the only official Trump project has yet to be announced and will be announced on Twitter first. After the statement was released, RTR quickly dropped by about 95%, with a trading volume of $164 million within just 15 hours of its creation. -
The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs
The US Internal Revenue Service (IRS) released an updated draft version of tax form 1099-DA for cryptocurrency brokers and investors to report certain transaction income. The public has 30 days to provide feedback to the IRS on this version. Starting in 2026, cryptocurrency investors who use brokers (currently mainly Coinbase and Kraken, among others) will receive 1099-DAs from these brokers to report certain cryptocurrency sales and trades as taxable events to the IRS. IRS officials say this form will "bring more convenience and clarity" to users who pay US cryptocurrency taxes.
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