Scammers Use Meme Coin Mania to Defraud 42,000 Victims and Amass $32 Million: Blockfence

1 year ago 50

A group of fraudsters has managed to deceive over 42,000 victims, accumulating a staggering $32 million in a series of crypto scams that began in April 2023. What makes this scam unique is the use of a method that even fooled some of the industry’s renowned “rug pull detectors,” as revealed by blockchain security firm […]

The post Scammers Use Meme Coin Mania to Defraud 42,000 Victims and Amass $32 Million: Blockfence appeared first on Cryptonews.

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