2025 starting with a worldwide scam attempt to Binance

The rise in online fraud has introduced new methods of deception, and text message fraud, commonly known as smishing (SMS phishing), is one of them. Binance, one of the world’s largest cryptocurrency exchanges, has recently alerted its users about a surge in fake SMS messages aimed at stealing login credentials and other sensitive information. What […]
Identifying Red Flags in Rug Pull Schemes: A Guide to Protecting Your Investments

The decentralized finance (DeFi) ecosystem has become a breeding ground for innovation—but also for scams. Among the most devastating is the rug pull, where project developers abandon their platform after draining investors’ funds. Rug pulls have collectively caused billions of dollars in losses, making it essential for investors to identify warning signs. This article outlines […]
Forex Shark – Dripp Community and Animal Farm projects rug pull

“Forex Shark,” the pseudonymous developer behind Drip Network and Animal Farm, has orchestrated schemes that epitomize the deceptive underbelly of decentralized finance (DeFi). These ventures lure unsuspecting investors with promises of high returns, only to entangle them in complex, unsustainable models that enrich early entrants and the creators at the expense of the majority. Drip […]