CryptoScamAlert

Phishing Alert: $1.1M Lost in Fake Withdrawal Code Scam Uncovered by SlowMist CISO
In a recent cybersecurity revelation, SlowMist’s Chief Information Security Officer (CISO), @im23pds, exposed a sophisticated phishing scam that led to a staggering $1.1 million loss. This fraudulent scheme, centered around fake withdrawal codes, has targeted cryptocurrency users, exploiting trust in seemingly legitimate platforms. As phishing attacks grow more advanced, this incident serves as a critical reminder to stay vigilant. Here’s what you need to know about the scam and how to protect yourself.
What Is the Fake Withdrawal Code Scam?
According to SlowMist’s CISO, the scam involves cybercriminals sending fraudulent withdrawal codes through SMS or other communication channels, often impersonating trusted crypto exchanges like Binance. These messages trick users into authorizing transactions or sharing sensitive information, such as private keys or mnemonic phrases. Once accessed, attackers drain victims’ wallets, resulting in significant financial losses. The $1.1 million loss underscores the growing sophistication of phishing tactics in the Web3 ecosystem.
How the Scam Works
1:Impersonation of Legitimate Platforms:
Scammers pose as reputable exchanges or services, using official-looking logos, domains, or communication channels.
2:Fake Withdrawal Codes:
Victims receive messages with malicious links or codes, urging them to “verify” transactions or accounts.
3:Exploitation of Trust:
High-net-worth individuals are often targeted, as they may be less likely to question the authenticity of urgent requests.
4:Asset Theft:
Once users interact with the fake code or link, attackers gain access to their wallets, leading to swift asset drainage.
This scam’s success hinges on social engineering, exploiting human behavior to bypass traditional security measures.
SlowMist’s Role in Exposing the Scam
SlowMist, a leading blockchain security firm established in 2018, has been at the forefront of identifying and mitigating cyber threats in the crypto space. Their CISO’s warning about this scam follows a pattern of proactive alerts, including previous reports on fake Ledger devices and Telegram-based “Fake Safeguard” malware. By leveraging their expertise in security audits and threat monitoring, SlowMist continues to protect users from evolving cyber risks.
How to Protect Yourself from Phishing Scams
To safeguard your assets and personal information, follow these essential cybersecurity tips:
1:Verify Communication Channels:
Always confirm the legitimacy of messages by contacting the service provider through official websites or verified channels.
2:Enable Two-Factor Authentication (2FA):
Adding 2FA to your accounts, such as email and crypto wallets, significantly reduces the risk of unauthorized access.
3:Avoid Clicking Suspicious Links:
Refrain from clicking on links or downloading attachments from unsolicited messages, even if they appear legitimate.
4:Use Trusted Security Software:
Install reputable antivirus programs like Bitdefender or Kaspersky to detect and remove malware.
5:Secure Private Keys and Mnemonics:
Store sensitive information offline or in secure hardware wallets, and never share them online.
6:Stay Informed:
Follow updates from trusted cybersecurity sources like SlowMist to stay ahead of emerging threats.
Why Phishing Scams Are on the Rise
Phishing attacks have surged due to the increasing adoption of cryptocurrencies and digital platforms. SlowMist’s January 2025 report noted that phishing scams impacted over 9,200 victims, causing $10.25 million in losses. The integration of AI and advanced social engineering tactics, such as those seen in recent Zoom and Telegram scams, has made these attacks harder to detect. As cybercriminals exploit vulnerabilities in human behavior, awareness and proactive measures are critical.
Take Action Now
The $1.1 million fake withdrawal code scam is a wake-up call for crypto users worldwide. By staying cautious and adopting robust security practices, you can protect your assets from phishing threats. If you suspect your account has been compromised, immediately transfer assets to a secure wallet, change passwords, and run a comprehensive antivirus scan.
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#alfabravocharlie #CryptoScamAlert #PhishingProtection #StaySafeOnline
$STEEM
$FDUSD
$USDC

Shocking new data from The Guardian reveals a grim story behind the $TRUMP token. Out of the 220 elite attendees at the TRUMP Dinner, nearly 43%—a staggering 95 people—lost everything they had invested. The total damage? A jaw-dropping $8.95 million wiped out!
The biggest loser? A user going by the name ‘GAnt’. Despite climbing to the #4 spot on the leaderboard, he poured $1.06 million into the TRUMP token—gone without a trace. Another prominent victim, ‘Meow’, who had even achieved VIP status, lost a heartbreaking $621,000.
Since its launch in January, the $TRUMP token has been nothing short of a rollercoaster—but mostly on the way down. Many tried to "buy the dip", only to watch their wallets get completely drained.
So what's really happening here?
Why are so many falling into this trap?
Is $TRUMP the next big celebrity rug pull—or just another cautionary tale?
Stay with us as we dig deeper into the dangers of chasing hype tokens and uncover the truth behind the fall of $TRUMP.
#TRUMP #CryptoScamAlert #RugPullAlert #CryptoNews

Big promises, bigger deception. Braden Karony, former CEO of the once-hyped crypto project SafeMoon, has been found guilty by a U.S. federal jury of running a fraudulent scheme that misled investors and diverted millions of dollars for personal gain.

⚖️ Guilty on All Charges
After a 12-day trial, a federal court in New York found Karony guilty of conspiracy to commit securities fraud, wire fraud, and money laundering.
He now faces up to 45 years in prison, and has also been ordered to forfeit assets worth over $2 million, including luxury homes, vehicles, and cryptocurrency holdings.

💸 How the Scheme Worked
SafeMoon, launched in 2021 with a 10% transaction tax model, quickly rose to fame — boasting a market cap of over $8 billion at its peak. But behind the scenes, the truth was far from what was advertised.
🔹 Karony and his team claimed that half the fees would be locked in a liquidity pool and the other half redistributed to token holders.

🔹 In reality, they retained access to the liquidity funds, siphoned them off, and used them for personal luxury.

🔹 They also traded SafeMoon tokens privately, even during peak prices, despite publicly denying any such activity.

🏎️ Crypto-Funded Teslas and Mansions
According to court evidence, investor funds were used to purchase:
🔹 luxury cars like an Audi R8, a Tesla, and custom trucks

🔹 high-end properties

🔹 transfers routed through anonymous wallets and unhosted exchange accounts
Authorities estimate that Karony personally pocketed over $9 million in crypto assets. The case was investigated by the FBI, IRS, and other federal agencies.

⚠️ SafeMoon – From Skyrocketing Token to Cautionary Tale
What began as a promising crypto project became a textbook example of how fast hype can turn into legal fallout.
Federal prosecutors said the case deeply damaged public trust in digital assets and highlighted the urgent need for greater oversight in the crypto industry.
One co-defendant, Thomas Smith, has pleaded guilty and awaits sentencing. Another, Kyle Nagy, remains at large.

📌 The Takeaway
SafeMoon was marketed as a “safe journey to the moon” — but it ended in a brutal crash landing, complete with FBI raids, IRS investigations, and a federal conviction. The message to the crypto world is clear: transparency and accountability are not optional — they’re essential.

#Safemoon , #CryptoFraud , #CryptoNewss , #CryptoScamAlert , #CryptoCrime

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

American Tourist Loses $123,000 in Crypto in London Uber Scam

A trip through London turned into a disaster for an American tourist who lost all his crypto savings in a single night. Here’s what happened:

1. The Setup: A Night Out in London

Jacob Irwin-Cline, 30, was in London for a short layover on his way to visit family in Spain.
He went out for drinks at Roxy nightclub in Soho.
Afterward, he ordered an Uber to go back to his hostel.
2. The Fake Uber Trap
A driver greeted him by name — but the car didn’t match the one on the Uber app.
Jacob still got in, thinking it was fine.
3. The Suspicious Cigarette 🚬
The driver offered him a cigarette.
Jacob declined at first, then accepted.
The cigarette may have been laced with scopolamine, a dangerous sedative known to cause memory loss and confusion.
4. Losing Consciousness & Access

While dazed, Jacob gave the driver his phone to “check directions.”
The driver likely used this moment to access his crypto apps and steal his funds.
When Jacob came to, his phone and laptop were wiped clean.
5. Total Crypto Loss: $123,000
$72,000 in XRP
$50,000 in Bitcoin
Smaller amounts in other coins

He now works with the FBI’s virtual assets unit to investigate.

6. Crypto Recovery? Nearly Impossible
The thief didn’t hack anything — they used social engineering (tricking Jacob in person).
Most of Jacob’s funds were stored in cold wallets (offline), so insurance and recovery options are limited.

7. Crypto Market Today
$BTC around

XRP: Priced at #xrp , boosted by Ripple’s legal win over the SEC

Alert: Crypto safety isn't just digital — it's physical. One moment of trust can cost everything.

#CryptoScamAlert t #Web3Security #StaySafe

A brief layover in London turned into a nightmare for Jacob Irwin-Cline. In a single night, he lost his entire crypto savings — all it took was a fake Uber driver, a suspicious cigarette, and a moment of vulnerability.
The 30-year-old developer and early Bitcoin investor went out for drinks at the Roxy nightclub in Soho during a short stopover on his way to visit family in Spain. After a fun evening, he ordered an Uber to return to his hostel. Outside, a driver greeted him by name — everything seemed fine. But the car didn’t match the one shown in the app. He got in anyway.

🚬 A Cigarette That Cost Thousands
The driver allegedly offered him a cigarette. Jacob initially declined, but then accepted. That cigarette may have been laced with scopolamine, a powerful sedative known as the “zombie drug” — so dangerous it’s been called “the scariest drug in the world.”
Jacob remembers slipping in and out of consciousness as the driver asked for his phone “to check the directions.” Dazed and confused, he handed it over — along with his access codes. He vaguely recalls the driver browsing through apps. By the time he realized what was happening, it was too late.
When he came to, he found himself on the outskirts of London with his phone and laptop completely wiped. A stranger called him a taxi back to his hostel.
“They basically took everything I built over my life,” Jacob said.

💸 Crypto Gone, Recovery Nearly Impossible
Authorities later confirmed that the attacker gained access to his wallets via Revolut and forced logins. The losses? Over $72,000 in XRP, nearly $50,000 in Bitcoin, and smaller altcoin positions — $123,000 in total.
Jacob believes he wasn’t targeted for his wealth — just bad luck. Still, the method matches the pattern of a “key attack”: no hacking required, just social engineering and physical coercion.
“Without insurance and with most of it in cold wallets, getting it back is basically impossible,” he said.

He now works with the FBI’s virtual assets unit. As an early crypto adopter, Jacob says he started investing in Bitcoin while still in high school — before it ever crossed the $1,000 mark.

📉 Crypto Market Update: Bitcoin and XRP Stay Strong
As of writing, Bitcoin trades at around $106,576 with a market cap near $2.11 trillion, having reached an all-time high of $109,000 in January 2025.
XRP, boosted by Ripple’s partial legal win over the SEC, is currently priced around $2.34.

💬 The London incident shows that in crypto, it’s not just about tech security — it’s about everyday awareness. One misstep, and it could all be gone.

#CryptoScamAlert , #CryptoFraud , #Web3Security , #CryptoNewss , #StaySafe

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Shocking new data from The Guardian reveals a grim story behind the $TRUMP token. Out of the 220 elite attendees at the TRUMP Dinner, nearly 43%—a staggering 95 people—lost everything they had invested. The total damage? A jaw-dropping $8.95 million wiped out!
The biggest loser? A user going by the name ‘GAnt’. Despite climbing to the #4 spot on the leaderboard, he poured $1.06 million into the TRUMP token—gone without a trace. Another prominent victim, ‘Meow’, who had even achieved VIP status, lost a heartbreaking $621,000.
Since its launch in January, the $TRUMP token has been nothing short of a rollercoaster—but mostly on the way down. Many tried to "buy the dip", only to watch their wallets get completely drained.
So what's really happening here?
Why are so many falling into this trap?
Is $TRUMP the next big celebrity rug pull—or just another cautionary tale?
Stay with us as we dig deeper into the dangers of chasing hype tokens and uncover the truth behind the fall of $TRUMP .
#TRUMP #CryptoScamAlert #RugPullAlert #CryptoNews

London mein aik chhota sa layover Jacob Irwin-Cline ke liye aik bura khwab ban gaya. Sirf aik raat mein usne apni poori crypto savings kho di – aur is sab ke peeche tha aik fake Uber driver, aik suspect cigarette, aur aik pal ki ghaflat.
Kahani Kya Thi?
Yeh 30 saala developer aur shuruati Bitcoin investor, Spain mein apni family se milne jaate hue, London mein thoray time ke liye ruka tha. Usne Soho ke Roxy nightclub mein doston ke saath fun kiya. Raat ko hostel wapas jaane ke liye usne Uber order ki. Bahar aik driver ne usay naam se pukara – sab kuch theek lag raha tha. Lekin gaari app mein dikhai gayi gaari se match nahi karti thi. Phir bhi, woh andar beth gaya.
Woh Cigarette Jo Hazaaron Mein Pari
Driver ne Jacob ko cigarette offer ki. Pehle Jacob ne mana kiya, lekin phir le li. Shayad woh cigarette scopolamine se laced thi, aik powerful sedative jise "zombie drug" bhi kehte hain – itni khatarnak ke isay "the scariest drug in the world" kaha jata hai.
Jacob ko yaad hai ke woh behosh ho raha tha jab driver ne us ka phone manga "directions check karne ke liye." Nashe ki halat mein, usne phone de diya – saath hi apne access codes bhi. Usay dhundla sa yaad hai ke driver apps browse kar raha tha. Jab tak usay samajh aaya, tab tak bohot der ho chuki thi.
Jab usay hosh aaya, woh London ke outskirts mein tha aur us ka phone aur laptop poori tarah se wiped ho chukay thay. Aik ajnabi ne usay hostel wapas jaane ke liye taxi bula di.
Jacob ne kaha, "Unhon ne meri poori zindagi ki kamai loot li."
Crypto Khatam, Wapsi Na-Mumkin Si
Authorities ne baad mein confirm kiya ke attacker ne Revolut ke through us ke wallets tak access haasil ki aur force logins kiye. Kitna nuksan hua? $72,000 se zyada XRP mein, taqreeban $50,000 Bitcoin mein, aur chotay altcoin positions – total $123,000.
Jacob ko lagta hai ke usay us ki daulat ki wajah se target nahi kiya gaya – bas bad luck tha. Phir bhi, tareeqa "key attack" pattern se milta hai: koi hacking ki zaroorat nahi, bas social engineering aur physical coercion.
"Insurance na hone aur zyada tar cold wallets mein hone ki wajah se, isay wapas lena basically impossible hai," usne kaha.
Woh ab FBI ki virtual assets unit ke saath kaam kar raha hai. Aik early crypto adopter hone ke naate, Jacob kehta hai usne high school mein hi Bitcoin mein invest karna shuru kar diya tha – jab yeh $1,000 mark bhi cross nahi kiya tha.
Crypto Market Update: Bitcoin aur XRP Strong Rahey
Likhte waqt, Bitcoin $106,576 ke qareeb trade kar raha hai aur market cap $2.11 trillion ke qareeb hai, January 2025 mein isne $109,000 ki all-time high touch ki thi.
XRP, Ripple ki SEC ke khilaf partial legal win ki wajah se, filhal $2.34 ke qareeb price par hai.
London incident yeh dikhata hai ke crypto mein, sirf tech security hi nahi – everyday awareness bhi zaroori hai. Aik ghalat qadam, aur sab kuch khatam ho sakta hai.
#CryptoScamAlert , #CryptoFraud , #Web3Security , #CryptoNewss , #StaySafe
Aik qadam aage rahen – hamara profile follow karen aur cryptocurrencies ki duniya ki har zaroori cheez se ba-khabar rahen!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“