A Pennsylvania man received a briefcase which supposedly held cash from his crypto profits, but it turned out to contain toilet paper. And he paid an extra $9K for the code to open the briefcase. PA Homepage
WhatsApp Scam Impersonating Scary Spice
A scammer sent WhatsApp messages to stars and friends of Mel B (aka Scary Spice) asking for crypto donations to “help African children dying of thirst”. Yahoo!
Binance Hacked for Two Million BNB
An exploit of weaknesses in cross-chain bridges allowed a scammer to steal 2M Binance Coin worth about $580M. Yahoo!
French Police Charge Bored Ape NFT Thieves
Bored Ape NFT owners fell for a phishing scam that claimed it would animate the valuable NFTs. $2.5M in NFTs were stolen in all. Decrypt
Indian Police Target Scam Cloud Mining App
31 people fell victim to scam cloud mining app “CCH Cloud Miner” and police have filed a case against 3 of the scammers involved. Inc42
“Pig Butchering” Scams Increasing on Tinder
Scammers are using Tinder to meet victims, then dating them for weeks in order to set them up for a crypto theft. NY Post
Kim Kardashian Settles Charges for Illegal Crypto Promotion Kardashian paid $1.26 million in penalties for promoting EthereumMax on social media without disclosing how much she was paid to do so. SEC.gov
Class Action Lawsuit Filed Against Just A Bit of Coin Plaintiffs claim that Just A Bit of Coin promised to build bitcoin mining rigs for customers but never delivered, blaming supply chain issues. ClassAction.com
Brazilian Police, US Homeland Security Bust Crypto Fraud Ring A multi-year investigation has ended with the execution of 20 search and seizure warrants against a crypto scam ring based in Curitaba, Brazil. ICE.gov
Malicious DApp Is Stealing Crypto from Other Crypto Scammers “Water Labbu” is inserting malicious code into crypto scam websites and emptying the wallets of visitors of those sites before they even have a chance to get scammed the usual way. Trend Micro
The Top 25 Most Frequently Reported Bitcoin Scam Addresses to BitcoinWhosWho.com in 2020* received 9.5994793 total BTC.
Every single address is associated with the “sextortion” email scam first reported here in March 2018. There are many variations of the scam, but basically claims to have webcam footage of the email recipient visiting adult websites and demands payment in bitcoin or else the video will be sent to their contacts.
The average amount scammed was .092 BTC.
Top 25 Most Frequently Reported Bitcoin Scam Addresses of 2020
The Financial Crimes Enforcement Network (FinCEN) fined the founder of cryptocurrency “mixers” Helix and Coin Ninja this week for violations of the Bank Secrecy Act, an action that may signal more serious enforcement actions against bitcoin scams in the future.
If you have been caught up in this scam, you have a better than average chance of recovering funds.
The first “CRA scam” was reported to BitcoinWhosWho.com in August 2018. Since then, there have been dozens of reports of this particular tactic and it continues to fool a lot of people.
The most frequently reported CRA scam, aka “SIN scam”, bitcoin address has received 567BTC (as of Sept 9), worth almost CAD$8M.
Based on input transactions to this address alone, it appears to be scamming 2 or 3 people a day out of ~.33 BTC a pop.
The fraud starts with a caller ID spoofing Service Canada, Canada Revenue Agency (CRA), Royal Canadian Mounted Police (RCMP) or even sometimes reportedly the FBI. The caller claims there was fraudulent use of your Social Insurance Number (SIN) and only by visiting the closest crypto ATM and depositing BTC into their wallet (which they will conveniently text you a QR code for!) will they be able to “assist”. Don’t fall for it!
The first “Elon Musk/Tesla” #Bitcoin scam reported to BitcoinWhosWho.com in June 2018 involved a hijacked high-profile verified Twitter account pretending to giveaway our beloved valuable crypto asset. Since then, the volume of Elon Musk (& Tesla) related bitcoin scams reported has increased dramatically, especially from Japan.
Elon Musk & Telsa Bitcoin Scam Report Volume
Almost 45% of Elon Musk/Tesla bitcoin scam reports come from Japan. 16% are unknown, 15% are US and the rest;
Don’t worry! In fact, congratulations, you are popular! Pretty much everyone has received a version of this bogus email threatening to expose risqué webcam footage of their mark to contacts. Be assured it is fake, even if it contains one of your online passwords!