Researchers expose Ethereum drainers posing as trading bots to steal crypto

Researchers expose Ethereum drainers posing as trading bots to steal crypto

SENTINELLABS has reported coded currency fraud using fake trading robots for ETHEREUM and other coins. The fraudsters are said to use old YouTube accounts and strategically developed comments to create a wrong perception of legitimacy to target encryption traders through social media and distribute video content. Actors are threatened with fake encryption trading robots through … Read more

Australian Federal Police Launches Operation Firestorm To Nab Crypto Scamsters Posing As Binance Representatives

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Australian encryption investors are currently facing significant financial losses due to the high chest fraud, especially those who are imitating the character, one of the largest encryption exchanges in the world. In a statement made on March 20, 2025, the Australian Federal Police (AFP) confirmed the start of a global investigation into this encrypted fraud. … Read more