Hackers used a Louis Vuitton NFT phishing link to scam unsuspecting Beeple users, netting more than $70,000 in the process.
A Top10VPN study shows a rising rate of NFT scams globally, with the North American continent experiencing the highest rate of NFT scams.
The rate of criminal activities in the NFT sector doesn’t show any sign of reducing soon. Despite increased efforts to capture these cybercriminals, many remain bold in continuing with their illegal actions.
The US secret service now has two subsidiaries – the National Crypto Enforcement Team (NCET) and the FBI crypto unit. The primary objective of this subsidiary is to tackle fraudulent activities in the US crypto space.
However, the unit seems to be less effective as crypto investors in the US continue to become victims of ransomware hacks, phishing scams, and rug pulls. The hackers were at it again this past weekend as they hacked several Beeple user accounts.
Beeple followers lose nearly $440K to scammers
On May 22,