Scams involving celebrity endorsements of digital assets are becoming more common.
Frazier "Kay" Khattri has gotten the boot, while Jarvis Khattri, Nikan Nadim and Jakob Teeqo have been suspended until further notice.
The firm was identified as using details of the legitimate company, Swiss Re Capital Markets.
The scammers reportedly hijacked verified Twitter accounts to promote a fake giveaway by the Tesla CEO.
WSB members were encouraged to buy a new token called WSB Finance on a Telegram account not affiliated with the subreddit.
The “clone” firm has been emailing and cold-calling investors and using the real company’s Firm Reference Number with a fake name, the regulator said.
Brad Garlinghouse said Ripple and YouTube have now agreed to "work together" to tackle XRP scams on the video platform.
These scams are raking in tens of thousands of dollars in crypto a month, blockchain analytics firm Whitestream determined.
At least 124.85 BTC appear to have been swept from wallets generated by the website.
The scammers may be trying to collect a database of crypto users for sale on the dark web, said Kaspersky.
Substack is being leveraged by scammers for its ease of use and reach.
Austin Nedved pleaded guilty to involvement in scams that reaped over $600,000 by targeting the elderly and vulnerable.
A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.