https://guardiansofcyber.com/cybersecurity-news/pump-it-scams-fbi-sec-cryptocurrency-fraud-crackdown/ Latest Cybersecurity News, Threats & Updates Sun, 13 Oct 2024 10:14:08 +0000 hourly 1 https://guardiansofcyber.com/cybersecurity-news/pump-it-scams-fbi-sec-cryptocurrency-fraud-crackdown/#comment-35 Sun, 13 Oct 2024 10:14:08 +0000 https://guardiansofcyber.com/?p=1593#comment-35 Honestly, it’s about time the FBI did something like this. Crypto’s been the Wild West for too long, and too many people have lost their savings to these pump-and-dump scams. Regulation needs to catch up with innovation.

]]> https://guardiansofcyber.com/cybersecurity-news/pump-it-scams-fbi-sec-cryptocurrency-fraud-crackdown/#comment-34 Sun, 13 Oct 2024 10:13:37 +0000 https://guardiansofcyber.com/?p=1593#comment-34 And now the FBI is playing pretend with fake tokens. lol, guess everyone’s a crypto expert these days… or at least until they aren’t. Not buying the whole “law enforcement catches up with innovation” narrative, it’s all smoke and mirrors if you ask me.

]]> https://guardiansofcyber.com/cybersecurity-news/pump-it-scams-fbi-sec-cryptocurrency-fraud-crackdown/#comment-33 Sun, 13 Oct 2024 10:13:00 +0000 https://guardiansofcyber.com/?p=1593#comment-33 “Pump it”? More like “dump it.” The FBI seems to be catching up, but I’m not convinced. They’ll crack down on some of these guys, but a hundred more will pop up next week. Regulation without deeper understanding of the tech is just gonna lead to more games.

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