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An increasing number of American seniors have been targeted for romance scams during the pandemic. The Federal Trade Commission (FTC) published an updated report on the top scams that have cost seniors aged 60 and up millions of dollars. “Romance scams; prize, sweepstakes and lottery scams; and business impersonator scams caused the highest aggregate reported losses for older adults,”…
“#Las Vegas high roller accuses heiress of ratting him out to the feds” A pudgy Las Vegas high roller who’s facing a prison sentence on fraud charges has accused a posh heiress to the Dean Witter fortune of ratting him out to the feds — but not before, he claims, she dumped shares in his…
“# Ethereum will replace Bitcoin as the leading crypto network, claims Polygon co-founder ” “Sooner or later, ETH will outpace Bitcoin and become the global standard”, said Polygon co-founder Sandeep Nailwal in an exclusive interview with Cointelegraph. Nailwal believes that Ethereum will eventually become “the ultimate settlement layer” for the DeFi space. Polygon will play…
“#James Mattis testifies in Elizabeth Holmes Theranos trial” Former US Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle….
“# Bitcoin.org goes offline after suffering scam attack ” Bitcoin.org, one of the first websites about Bitcoin (BTC), has been hacked by online scammers and down as of the time of writing. Cobra, Bitcoin.org’s anonymous curator, announced on Sept. 23 that Bitcoin.org was compromised, with hackers managing to put up a scam notice on the site….
“# Additional compensation available for Cryptsy victims, court notice says ” Last week, some former users of the now-defunct cryptocurrency exchange Cryptsy received a notice informing them of a new turn in the ongoing class settlement process. Authorized by the U.S. District Court for the Southern District of Florida, the document states that those who…
“# Indians opt for state-run blockchain platform amid bulk SMS regulations ” The Telecom Regulatory Authority of India (TRAI) established messaging regulations that require scrubbing consumer communication messages to ensure that the receiver of the message has opted in for such interactions. The drive is supported by BSNL DLT, a content verification platform built on…
“# Aussie crypto fund manager sentenced to 7 years for stealing $54M from investors ” Stefan He Qin, the founder of two cryptocurrency hedge funds has been sentenced to more than seven years in prison after U.S. authorities found that he cheated investors out of $54 million, A Sept. 15 statement from the U.S. Department…
“# Ohio man pleads guilty to fraud over $30M crypto scam promising 15% monthly ” The man behind a multi-million dollar cryptocurrency scam has pleaded guilty to fraud this week according to the U.S. Department of Justice. Ohio man Michael Ackerman could face up to 20 years inside following the guilty plea for defrauding investors…
“#Theranos CEO Elizabeth Holmes lookalikes draw attention at trial” Don’t blink, you’re not seeing double. Social media was abuzz Wednesday after a gaggle of blondes, sporting pulled-back, messy buns and black blazers, were spotted outside of the courthouse waiting to get a seat at the trial of disgraced Theranos founder and CEO Elizabeth Holmes. “Elizabeth…