Dash-Coin.net scam wallet steals funds

Dash-Coin.net scam wallet steals funds from its users' accounts
15 September 2017   1367

Dash cryptocurrency holders fell prey to the fraudulent Dash-Coin.net service, which pretends to be a web wallet and gets access to individual users' keys, stealing their money.

The threat message was posted at the official Dash Core forum on Reddit.

Dash Core forum on reddit
The official Dash Core forum on reddit.com

The problem has drawn the attention of the administrator of the online games website Dash.red, Edward Stover. As the man explains, several users registered on the website had the same address associated with a fraudulent wallet-service.

The man goes on, saying that the Dash.red website has many security settings, one of which is the blocking of transactions from different users to the same Dash address. Thus, one of the users complained that his transaction was blocked. He said that during this operation, he went to the address of Dash Public from the "web-wallet" Dash-Coin.net. That's when Stover realized why different users use the same Dash address.

Very simple, but effective fraud.

Edward Stover
Administrator of Dash.red

The Dash Core team, in its turn, urges its users to be vigilant and trust only proven official wallets.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.