User contributions for Azoundria

24 January 2023

• 15:0915:09, 24 January 2023 diff hist +31,689‎ N USI Tech Ponzi Scheme ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/usitechponzischeme.php}} thumb|USI TechUSI Tech had a website which provided investors with the opportunity to participate in an automated arbitrage trading operation that apparently paid a consistent 1% daily return. The opportunity continued to be available for multiple years, and was promoted with different conferences and even lavish beach parties. This proceeded through 2..."
• 15:0915:09, 24 January 2023 diff hist 0‎ N File:Usitech.jpg ‎No edit summary current
• 15:0815:08, 24 January 2023 diff hist +16,810‎ N BitConnect Scheme Collapses ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bitconnectschemecollapses.php}} thumb|BitConnectBitConnect ran a large Ponzi scheme, which successfully tricked investors to invest over $2b. At the end, the scheme collapsed and the token value rapidly dropped 90%. This is a global/international case not involving a specific country. == About BitConnect == "On November 13th, 2016, BitConnect announced that they would be..."
• 15:0815:08, 24 January 2023 diff hist 0‎ N File:Bitconnect.jpg ‎No edit summary current
• 15:0715:07, 24 January 2023 diff hist +9,221‎ N Telegram ICO Phishing ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/telegramicophishing.php}} thumb|TelegramTelegram had announced plans to launch a large ICO in early 2018. A number of prominent fraudulent websites cropped up allowing users to purchase the upcoming GRAM tokens. All of these sites were fake and took user's money. One of the sites was clever enough to generate a unique address for each user, making it much easier to get away w..."
• 15:0715:07, 24 January 2023 diff hist 0‎ N File:Telegram.jpg ‎No edit summary current
• 15:0715:07, 24 January 2023 diff hist +16,128‎ N Unknown Sim Swapping Michael Terpin ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/unknownsimswappingmichaelterpin.php}} thumb|UnknownOn an unknown exchange platform, Michael Terpin was successfully SIM-swapped despite instituting extra protections on his AT&T account. The case went before the courts. Parts of the case were dismissed, while the claim for the lost funds was allowed to proceed. It does not appear that any judgement against AT&T has been suc..."
• 15:0715:07, 24 January 2023 diff hist 0‎ N File:Simswapatt.jpg ‎No edit summary current
• 15:0615:06, 24 January 2023 diff hist 0‎ N File:Coinsmarkets.jpg ‎No edit summary current
• 15:0615:06, 24 January 2023 diff hist +6,440‎ N CoinsMarkets Exit Scam ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/coinsmarketsexitscam.php}} thumb|CoinsMarketsCoinsMarkets operated out of Cyprus, with no visibility into their storage and fund backing practices. Ultimately, they ended up going silent and customers could only access a limited number of low-value coins. This exchange or platform is based in Cyprus, or the incident targeted people primarily in Cyprus. == About CoinsMar..."
• 15:0615:06, 24 January 2023 diff hist +8,896‎ N Ledger Devices Pre-Seeded On Ebay ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/ledgerdevicespreseededonebay.php}} thumb|LedgerLedger hardware wallets were being resold through Ebay, with the company insisting these were safe to purchase. Criminal resellers initialized seed phrases on hardware wallets. and created fake instructions complete with scratch card seed words. This resulted in customers receiving official wallets with seed phrases already provide..."
• 15:0615:06, 24 January 2023 diff hist 0‎ N File:Ledger.jpg ‎No edit summary current
• 15:0515:05, 24 January 2023 diff hist +7,595‎ N Canadian Bitcoins Robbery ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/robberyatcanadianbitcoins.php}} thumb|Canadian BitcoinsThe Canadian Bitcoins office appears to have been visited by multiple individuals with handguns. Four employees were bound, and a fifth was unseen and called for police. Aside from one employee being hit over the head with a gun, there were no injuries and no funds were taken. This exchange or platform is based i..."
• 15:0515:05, 24 January 2023 diff hist +7,716‎ N Coincheck NEM Token Hack ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/coinchecknemtokenhack.php}} The hack was carried out through the NEM (XEM) token which was stored entirely in hot wallets. This was the largest theft in fiat dollars, surpassing Mt. Gox, and affected 260,000 traders. This exchange or platform is based in Japan, or the incident targeted people primarily in Japan. == About CoinCheck == “This year started with one of the biggest crypto heists eve..."
• 15:0515:05, 24 January 2023 diff hist +8,036‎ N John McAfee Twitter Hacked ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/johnmcafeetwitterhacked.php}} thumb|TwitterIt appears that John McAfee became victim of a SMS-swapping attack, where his cell phone carrier was tricked into transferring his number to a different cell phone. Following this, the cell phone number could be used to receive the two-factor authentication code which can be used to recover a lost Twitter account. His Twitter follo..."
• 15:0515:05, 24 January 2023 diff hist 0‎ N File:Johnmcafee.jpg ‎No edit summary current
• 15:0415:04, 24 January 2023 diff hist +6,861‎ N BitKRX Exit Scam ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bitkrxexitscam.php}} thumb|BitKRXBitKRX was a crypto-asset trading platform launched using the name and branding of KRX, a major stock exchange in South Korea. Rather than giving users the promised funds, the platform typically kept them. It is believed that affected users have no recourse at present to obtain their lost funds. This exchange or platform is based in South Kore..."
• 15:0415:04, 24 January 2023 diff hist 0‎ N File:Bitkrx.jpg ‎No edit summary current
• 15:0415:04, 24 January 2023 diff hist +7,860‎ N MyEtherWallet Fake Wallet Application ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/myetherwalletfakewalletapplication.php}} thumb|MyEtherWalletMyEtherWallet is one of the oldest wallets for Ethereum. On December 10th, 2017, a fake version of the application made it's way to number 3 position on the Apple app store. Not only did thousands of people download the free software and pay the $4.99 pricetag, but they may also have put their funds at risk in d..."
• 15:0415:04, 24 January 2023 diff hist +13,258‎ N PlexCoin ICO Fraud ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/plexcoinicofraud.php}} thumb|PlexCoinPlexCoin promised a large payment service, supposedly with a partnership with Visa and other financial services. They raised over $8m in funds from investors. Regulators charged them with fraud and appear to have redistributed the collected funds to investors. This is a global/international case not involving a specific country. == About..."
• 15:0415:04, 24 January 2023 diff hist 0‎ N File:Plexcoin.jpg ‎No edit summary current
• 15:0315:03, 24 January 2023 diff hist +8,621‎ N Youbit Exchange Hack ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/youbitexchangehack.php}} Details appear to have been slow to come out on this hack, which took place right after a government security inspection by South Korea. It appears to be some kind of malware which was installed on the operation. Youbit had been previously hacked in April, and would again suffer issues as CoinBin in the future. The exchange filed for insurance, but this was denied, causing..."
• 15:0315:03, 24 January 2023 diff hist +6,374‎ N NiceHash Exchange Hack ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/nicehashexchangehack.php}} NiceHash is not only one of the most popular mining brokerage platforms out there; they also function as a cryptocurrency exchange. The platform was founded in part by Matjaž Škorjanc who is known to have spread malware on millions of PCs, however the breach appears to have occurred through the other founder and CEO Marko Kobal who fell victim to a spear phishing attac..."
• 15:0315:03, 24 January 2023 diff hist +17,099‎ N Confido Exit Scam ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/confidoexitscam.php}} thumb|ConfidoConfido promised to develop a new crypto service which actually appeared quite promising, and would serve as an escrow for application for shipments. However, the team was completely fake. After disappearing completely, they reappeared and made a decision to run a refund through the Kucoin exchange. As far as can be told, all funds were retur..."
• 15:0315:03, 24 January 2023 diff hist 0‎ N File:Confido.jpg ‎No edit summary current
• 15:0215:02, 24 January 2023 diff hist +13,176‎ N Tether USDT Token Theft ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/tetherusdttokentheft.php}} thumb|TetherTether is a stablecoin that has a typical market value of $1 USD. New tether tokens are issued from a treasury. This treasury held a significant portion of the funds in a wallet protected by a single private key. That wallet was breached, and the funds were sent to a malicious actor. However, unlike with most crypto-assets, Tether is in f..."
• 15:0215:02, 24 January 2023 diff hist 0‎ N File:Tether.jpg ‎No edit summary current
• 15:0215:02, 24 January 2023 diff hist +11,126‎ N My BTG Wallet Fraud ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/mybtgwalletfraud.php}} thumb|Bitcoin GoldThe My BTG Wallet was a fake wallet listed on the official Bitcoin Gold website. A developer gained prominence in the community and requested them to link to his wallet. This service asked user to enter their private key, then sent it to the attacker. Once the scheme was uncovered, the link was removed, however no urgent announcemen..."
• 15:0215:02, 24 January 2023 diff hist 0‎ N File:Bitcoingold.jpg ‎No edit summary current
• 15:0115:01, 24 January 2023 diff hist +25,300‎ N Optioment Bitcoin Ponzi Scheme ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/optiomentbitcoinponzischeme.php}} thumb|Optioment BitcoinOptioment Bitcoin promoted that bitcoin trading was the most lucrative opportunity "in the world", and assured customers that they could consistently earn "between 1.5%, 2% or 4% interest" on "safe" arbitrage trading. They had a nice multi-level marketing arrangement which users could take advantage of for even more pr..."
• 15:0115:01, 24 January 2023 diff hist 0‎ N File:Optioment.jpg ‎No edit summary current
• 15:0015:00, 24 January 2023 diff hist +11,939‎ N Parity Ethereum Frozen ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/parityethereumfrozen.php}} thumb|ParityParity created a complex multi-signature smart contract which had a public function enabling anyone to take claim over a wallet. Because of the complexity, this was hidden in another part of the contract which was not easy to find. Parity had no formal audit, nor bug bounty program running. Eventually, a hacker found the function and use..."
• 15:0015:00, 24 January 2023 diff hist +12,695‎ N Bitpetite Ponzi Scheme ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bitpetiteponzischeme.php}} thumb|BitpetiteBitpetite launched as an apparent bitcoin mixing service. However, the primary business was taking people's funds and using them to pay out subsequent investors (a ponzi scheme). By November 5th, 2017, the scheme had collapsed. It does not appear that investors were able to receive any of their funds back. This exchange or platform..."
• 15:0015:00, 24 January 2023 diff hist 0‎ N File:Bitpetite.jpg ‎No edit summary current
• 15:0015:00, 24 January 2023 diff hist +8,392‎ N New York Biker Gang Ether Theft ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/newyorkbikergangethertheft.php}} thumb|NoneAn unknown cyber-millionaire became victim of theft. Three biker gang members tricked the victim into a van, and threatened him with a gun until he revealed the location of his 24 word passphrase. While it took many months, eventually the thieves were brought to justice and most of the funds were returned. This exchange or..."
• 14:5914:59, 24 January 2023 diff hist 0‎ N File:Threebikersnewyork.jpg ‎No edit summary current
• 14:5914:59, 24 January 2023 diff hist +7,588‎ N MyEtherWallet Phishing Steals Thousands ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/myetherwalletphishingstealsthousands.php}} thumb|MyEtherWalletMyEtherWallet is a popular and widely used cryptocurrency wallet service. A realistic email update was sent out, providing users with a link to download a new version of the wallet, which was intended to handle an upcoming hard fork. Those users who clicked the link in the email received would have been redir..."
• 14:5914:59, 24 January 2023 diff hist 0‎ N File:Myetherwallet.jpg ‎No edit summary current
• 14:5914:59, 24 January 2023 diff hist +5,964‎ N BitOrbit Ltd Exit Scam ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bitorbitltdexitscam.php}} thumb|BitOrbit LtdIn September 2021, BitOrbit Ltd (not to be confused with the separate BitOrbit social media platform) launched an investment platform, promising that they were registered and set up properly as a mining and trading company. At some point around October 13th, they stopped paying out any funds. The website remained offline until at le..."
• 14:5814:58, 24 January 2023 diff hist 0‎ N File:Bitorbit.jpg ‎No edit summary current
• 14:5814:58, 24 January 2023 diff hist 0‎ N File:Diamondreserveclub.jpg ‎No edit summary current
• 14:5814:58, 24 January 2023 diff hist +11,897‎ N Diamond Reserve Club False Claims ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/diamondreserveclubfalseclaims.php}} thumb|Diamond Reserve ClubThe Diamond Reserve Club was an organization which planned to offer tokens that were backed by diamonds and real estate to members. However, in actuality, there wasn't any backing yet. $75k worth of funds were raised before the SEC got involved and attempted to shut down the operation. They were able to r..."
• 14:5814:58, 24 January 2023 diff hist +5,144‎ N Bitfinex Phishing Website ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bitfinexphishingwebsite.php}} thumb|BitfinexIn September 2017, hackers set up the domain bitfienex.com as a phishing website against the Bitfinex platform. It is unknown how many users were affected, though there are no reports of any funds lost. This is a global/international case not involving a specific country. == About Bitfinex == "Bitfinex is a Hong Kong-based cryptoc..."
• 14:5714:57, 24 January 2023 diff hist +13,550‎ N Control Finance Scheme ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/controlfinancescheme.php}} thumb|Control FinanceControl Finance was a multi-level ponzi scheme which was operated by a fictional Benjamin Reynolds. As in a typical ponzi, this scheme used the funds of new investors to pay out old investors. It claimed that the invested funds were being used to perform intelligent trades, which is a common ponzi scheme claim. Investors..."
• 14:5714:57, 24 January 2023 diff hist 0‎ N File:Controlfinance.jpg ‎No edit summary current
• 14:5714:57, 24 January 2023 diff hist +8,419‎ N Xtreme Coin MLM Exit ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/xtremecoinmlmexit.php}} thumb|Xtreme CoinXtremeCoin had no product or utility provided through their program. The way XtremeCoin worked is that you paid in, and received back a commission once you signed up 6 new members. The XtremeCoin website appears to have stopped at the end of 2018. This is a global/international case not involving a specific country. == About Xtreme..."
• 14:5714:57, 24 January 2023 diff hist 0‎ N File:Xtremecoin.jpg ‎No edit summary current
• 14:5614:56, 24 January 2023 diff hist +6,871‎ N Bittrex Spoofed Website Hack GodOfWhatevers ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bittrexspoofedwebsitehackgodofwhatevers.php}} thumb|BittrexA Bittrex user reported having $100k in funds withdrawn from their Bittrex account during a suspiciously lengthy login session. This most likely happened due to them visiting the wrong website URL or having malware on their computer to redirect their traffic to the wrong website. This exchange or platform is based in..."
• 14:5614:56, 24 January 2023 diff hist 0‎ N File:Bittrex.jpg ‎No edit summary current
• 14:5514:55, 24 January 2023 diff hist +8,158‎ N Bancor Front-Running Possible ‎ Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/bancorfront-runningpossible.php}} thumb|BancorIt's possible on a decentralized exchange for an adversary to observe the Ethereum mem-pool, see that another participant wants to make a purchase, and also decide to make a purchase at the same price. Hence, the original purchaser would end up missing a portion of their purchase at that price, and have to pay more, depending on th..."