Generative Data Intelligence

Tag: fraudulent activity

Chainalysis report finds most NFT wash traders unprofitable

Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.

Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it

Rug pulls are crypto scams that occur when developers of a new cryptocurrency pump a token's value and vanish with the funds as the coin’s value collapses.

Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement

Crypto Exchange Binance Restricts 281 Nigerian Accounts Citing International Compliance LawsCryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted by Binance, CEO Says 79 Cases Have Been Resolved Cryptocurrency exchange Binance has sent a letter to […]

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