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SIM-swap reportedly outs crypto influencer as scammer

The crypto influencer known as Profit Blue is alleged to have scammed one of his followers out of $11,000 before being liquidated.

Crypto scams favor Revolut when ripping off Brits, major bank says

According to UK banks, crypto scammers are often choosing Revolut to receive fraudulent funds as reported crypto scams rise by 23% in a year.

Jordan Persad was sentenced last week and ordered to pay $950,000 after he was caught siphoning crypto through a series of SIM swap attacks.

The Ponzi-style scheme lured investors with hefty returns on investment in two fictitious cryptocurrencies, Korvio Coin and DGT Coin.