65-Year-Olds Are More Likely to Be Scammed in Crypto Transactions, Says Independent Reserve CEO

scam detection

The CEO of Independent Reserve, Adrian Przelozny, has disclosed that cryptocurrency users who are 65 years old and above have a good chance of being scammed because crypto fraudsters believe that “they are less familiar with the internet and technology”. He stated that the Australian-based crypto exchange is relying on its data, which revealed that … Read more

Elliptic Implicates Cambodia’s Huione Guarantee In $11 Billion Crypto Scam

Advertisements on Huione Guarantee for electric shock shackles

Elliptic Report has revealed that Cambodia’s online marketplace Huione Guarantee is being used as a medium to commit huge cryptocurrency scams to the tune of USD 11 Billion. Huione Guarantee, linked to Cambodia’s ruling family, is said to enable different types of scams such as pig-butchering scams, an American-based magazine Wired alleged, relying on information … Read more