ChainCatcher message, Binance founder Changpeng Zhao posted on social media, "Someone told me that since I shared the post 'WLFI is suspected to have issued the stablecoin USD1 on BNB Chain', many scammers have created coins with the same name. The USD1 token officially issued by WLFI is not yet tradable. Please do not be deceived."The WLFI project has issued the stablecoin USD1 on both Ethereum and BNB Chain and is conducting multiple functionality tests, but the official statement indicates that USD1 is currently not tradable.

ChainCatcher message, Deribit officially reminds users to be cautious of a new type of recruitment scam. Scammers impersonate recruiters from well-known companies like Deribit, attracting job seekers with high-paying positions, and then lure victims into completing an "online assessment" to install malware, or offer "exclusive onboarding benefits" such as discounted shares to defraud them of money. They even invite candidates to bring their work laptops to fake office locations for interviews.Deribit points out that these scams primarily target senior employees or developers to gain access to sensitive systems. To prevent such scams, users should verify the authenticity of the recruiter’s account and directly contact the company's HR department through official channels to confirm recruitment information. Deribit expects this type of scam to spread to other industries soon.

ChainCatcher news reports that cryptocurrency scams continue to pose an increasing threat to investors, with scammers using increasingly sophisticated methods to steal funds and personal information. To help the public identify and avoid these scams, the California Department of Financial Protection and Innovation (DFPI) has released a glossary containing 24 different types of cryptocurrency scams, highlighting the most common ways scammers deceive victims:Advance Fee ScamsAffinity ScamsAI Investment ScamsAsset Recovery ScamsBait and Switch ScamsBitcoin Mining ScamsCrypto Blackmail ScamsCrypto Gaming ScamsCrypto Job ScamsCrypto Wallet Drainer AttacksFraudulent Trading PlatformsHackingHigh-Yield Investment ProgramsIdentity TheftImposter ScamsInvestment Group ScamsLiquidity Mining/Yield Farming ScamsCrypto Giveaway/Airdrop ScamsPig Butchering ScamsRansomwareRomance or Social Media ScamsRug Pull ScamsSignal Selling ScamsTech Support Scams

ChainCatcher news, Xinhua Net published an article titled "Focusing on '3·15' | Using AI Face Swapping and Hyping Metaverse Investment" which points out: With the explosive development of AI large models, many netizens have begun to use AI to assist in work and life. Financial fraud has also adopted new "disguises." Criminals utilize concepts such as blockchain, virtual currency, artificial intelligence, the metaverse, biotechnology, and cloud farming to weave various fraud traps and carry out online financial scams. Some criminals, under the banner of the metaverse and blockchain, rehash concepts related to game production and virtual reality, claiming "earn money while playing games," packaging high-tech investment projects, publicly promoting false high returns, and attracting public funds, which has the characteristics of illegal fundraising.

ChainCatcher news, according to News.bitcoin, the North Dakota Securities Department has issued a warning that some "investment education foundations" claim to teach investors about cryptocurrency and stock knowledge, but are actually scams. These scams use deceptive tactics, including "risk-free" trials and fake loans, to persuade victims to invest and pay excessive commissions.These scams often start with social media ads that lead potential victims to WhatsApp groups operated by fake founders and automated bots. In these groups, the so-called founders offer investment courses and then introduce a fraudulent cryptocurrency exchange. Investors initially receive "free" tokens to test an AI trading bot, which falsely generates profits.Encouraged by the illusion of success, people deposit real money, and if they are short on funds, the scammers direct them to fake loan providers on Telegram. These loans are directly credited to the fraudulent exchange, but victims soon discover that they cannot withdraw any funds unless they repay the loans or pay fake commissions. The scam freezes accounts under the pretext of regulatory issues, and then the scammers shut down the business and rebrand under a different name. To gain credibility, the scammers may present real government documents claiming registration with the U.S. Securities and Exchange Commission (SEC) and the U.S. Department of the Treasury, and publish misleading articles online.

ChainCatcher message, according to MistTrack monitoring, has found multiple phishing websites appearing in cryptocurrency project searches using Bing ads, and users should be cautious about asset security.Do not connect to phishing websites to avoid asset loss.

ChainCatcher news, according to Cointelegraph, securities regulators in Alberta and New Brunswick, Canada, have warned that crypto scammers are exploiting trade war panic by using fake news articles and images of government figures to profit.The Alberta Securities Commission stated in a warning on March 7 that a crypto investment scam named "CanCap" has been impersonating news articles from the Canadian Broadcasting Corporation (CBC) and falsely claiming endorsement from then-Prime Minister Justin Trudeau. The regulator said, "The false articles claim that the Prime Minister is responding to U.S. tariffs and supports an investment plan involving digital currency."The New Brunswick Financial and Consumer Services Commission also warned on March 5 that CanCap used fake news articles claiming that New Brunswick Premier Susan Holt supports the platform, including fabricated interview records with Holt and altered photos with CBC.Regulators noted that scammers are increasingly exploiting current events to prey on the fears of potential victims and are using artificial intelligence to forge endorsements and generate content to make the scams appear legitimate.They added that scammers can quickly change the names and appearances of their schemes, having already used names like "CanCentra" and "Immediate Flectinium," linking them to at least six other different domain websites.

ChainCatcher news, according to the Straits Times, Singapore's Minister of State for Home Affairs Sun Xuelin stated that last year, cryptocurrency scams accounted for a quarter of the total losses from fraud. In the highest-value scam case last year, the victim clicked on a fake meeting link, downloaded and ran malicious code on their computer, resulting in a loss of approximately 125 million Singapore dollars.Sun Xuelin mentioned that, in addition to malware, scammers also design fake websites, send phishing links, or use "pump and dump" tactics to inflate the prices of memecoins before causing them to plummet. "Our advice to the public is to stay away from cryptocurrencies. The risk of being 'burned' is very high, and if you become a victim of a scam, the chance of recovering even a cent is very slim."

ChainCatcher News, the Chinese Embassy in South Korea's official WeChat account published a typical case of a virtual currency "pig slaughtering" scam, revealing that a certain international student, under the romantic pressure from his girlfriend, became firmly convinced that he could make money by "trading virtual currency" and entrusted his account to her for management, subsequently transferring over 300,000 RMB for "recharging." The Chinese Embassy in South Korea reminds that online dating carries risks and not to believe in investment schemes that claim to have "insider information" and guarantee profits.

According to ChainCatcher news reported by Decrypt, U.S. Senator Dick Durbin from Illinois has proposed the "Cryptocurrency ATM Anti-Fraud Act," aimed at curbing the growing problem of cryptocurrency ATM scams. The bill proposes to set a daily transaction limit of $2,000 and a $10,000 limit within 14 days for new users, and requires operators to directly contact and verify users when transactions exceed $500 to prevent fraud. Additionally, the bill stipulates that operators must provide full refunds to victims of fraud reported within 30 days.Durbin emphasized that the bill is a "common-sense safeguard" to prevent scams and protect the financial security of the elderly. According to data from the Federal Trade Commission (FTC), losses from scams involving cryptocurrency ATMs have exceeded $110 million in 2023, nearly a tenfold increase compared to 2020.

ChainCatcher news, well-known on-chain detective ZachXBT announced in his Telegram channel that he will disable the direct messaging feature on his X platform in the coming weeks. The reason for the shutdown is the receipt of a large number of invalid messages lacking basic common sense, which wastes time.ZachXBT reminds the community that it is currently not possible to contact him via direct message and to be wary of impersonation scams.

ChainCatcher message, Paradigm researcher samczsun mentioned on X regarding the promotion scams of Meme coins on social media: "It's a very simple idea: the next time a large account is hacked and promotes an obvious scam, maybe the front end should manually remove that scam? Of course, no one would oppose this, unless the goal is to allow people to gamble in a casino?"

ChainCatcher news, according to CNBC, blockchain research firm Chainalysis warned in a report that as cybercriminals leverage artificial intelligence and become more organized, "pig butchering" scams have surged, with last year's cryptocurrency scam revenue estimated to have reached an all-time high.According to its preliminary estimates, cryptocurrency wallets associated with scams received $9.9 billion in 2024. The company predicts that as Chainalysis uncovers more scam wallets, the figure for 2024 will rise to a record $12.4 billion. The primary reason for the increase in scam revenue is the prevalence of "pig butchering" scams.Additionally, scammers are more likely to target more victims at the cost of smaller payments.

ChainCatcher news, according to CoinDesk, based on a report from the crypto intelligence platform Merkle Science, in 2024, losses exceeded $500 million due to the crash of Meme coins and scams.The report from Merkle Science revealed that 75% of attacks occurred on the X platform, while 19% took place on YouTube. 44% of reported social engineering scams led to the crash of Meme coins, and phishing attacks were also considered a factor in 44% of all scam cases.

ChainCatcher message, Musk stated on X: "I am 100% sure that the level of fraud in federal benefits (Social Security, Medicare, Medicaid, welfare, disability insurance, etc.) far exceeds the total of all private scams you have ever heard of."

ChainCatcher news, according to BeInCrypto, blockchain investigator ZachXBT revealed that Coinbase users have lost at least $150 million due to social scams in the past year, with this amount confirmed in cases he has independently verified.In the latest case, a user was scammed out of 110 cbBTC (worth $11.5 million) on the Base network. The attacker quickly laundered the funds using instant exchanges, making it nearly impossible to trace and recover the money through cross-platform exchanges and bridging operations.ZachXBT pointed out that these scams are typically carried out by impersonating Coinbase customer service, including phishing emails, spoofed phone calls, and other tactics to trick users into revealing their private keys or account information. Once successful, the attackers immediately transfer and control the funds. Additionally, ZachXBT criticized Coinbase for failing to effectively assist victims and noted that its leadership has not adequately addressed security threats.

ChainCatcher news, according to CertiK Alert statistics, the losses due to vulnerabilities, hacking attacks, and scams reached 98 million dollars in January 2025, with approximately 8 million dollars attributed to phishing losses.However, the total loss amount is less than the funds lost due to hacking activities in January 2024 (approximately 193 million dollars).

ChainCatcher Message: The Chinese Consulate General in Sydney reminds Chinese citizens in Australia to be vigilant against telecommunications network scams. If the other party requests payment through bank transfer, gift cards, or virtual currency, do not comply. Do not click on unfamiliar links, and do not casually disclose sensitive information such as passport numbers, bank account details, addresses, or contact information.

ChainCatcher news, Trump's daughter Ivanka warned investors on Thursday not to buy fraudulent cryptocurrencies bearing her name.She wrote on social platform X: I have noticed that a fake cryptocurrency called "Ivanka Trump" or "$IVANKA" is being promoted without my consent or approval. It needs to be clarified: I have no association with this token. This fake coin may deceive consumers and take their hard-earned money.

ChainCatcher message, South Korean cryptocurrency exchange Upbit has issued a notice regarding multiple recent fraud cases involving impersonation of former and current Upbit employees. The scammers showcase forged work IDs on social media, falsely claiming to be "employees of Upbit three years ago," and approach victims under the pretext of "providing business model consulting." Additionally, there are scammers impersonating current employees, spreading false information about coin listings.An Upbit representative stated, "Photos of employee IDs have never been made public; all published employee IDs are forged," and emphasized that all information related to trading support is only released through official announcements. They urged users to remain vigilant and report suspicious activities through official channels.