#crypto scamming

[cryptocrit]

California “DOJ” close down 42 websites involved with crypto scam

California authorities are stepping up their efforts to fight cryptocurrency fraud after uncovering millions in consumer losses. In 2024, officials shut down 26 fraudulent crypto websites and identified over $4.6 million in stolen funds. These scams have become more sophisticated, prompting agencies to develop new tools to track and prevent them. The California Department of Financial Protection and Innovation (DFPI) has played a key role in investigating these frauds and keeping consumers informed.

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[cryptopolitan]

Alleged PlusToken scam rocks crypto community

Alleged PlusToken scam rocks crypto community

South Korean e-wallet company PlusToken gets involved in an alleged racket by fleeing away with an estimate of over three billion dollars ($3 billion) worth of cryptocurrency deposits.

How did it go downhill?

It all began when the users started becoming suspicious with the inability to withdraw deposits from the PlusToken app.Citing temporary unavailability due to technical issues, the users…

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