Crypto Crime Rising Threat: The Surge of China-Based CSAM Networks in 2024
The rise of cryptocurrency has revolutionized the financial landscape, offering fast, decentralized, and anonymous transactions. However, this technological advancement has also become a double-edged sword, enabling criminal enterprises to flourish under the cloak of blockchain anonymity. In 2024, a disturbing trend emerged: the proliferation of China-based CSAM (Child Sexual Abuse Material) networks exploiting cryptocurrencies to […]
SocialFi And Meme Coin Scams
The rise of SocialFi and Meme Coins has created exciting opportunities in the cryptocurrency space, but they’ve also attracted scammers looking to exploit unsuspecting investors. SocialFi combines social media and decentralized finance, while meme coins are lighthearted cryptocurrencies based on internet memes. Despite the fun nature of these trends, they are not without risks. Contact […]
HoneyPot Scams
In the fast-evolving world of cryptocurrency, scammers are finding new ways to deceive investors, and HoneyPot Scams are among the most insidious. In a HoneyPot Scam, the scammer lures victims into buying tokens they can’t sell, trapping them with worthless assets. Attorney Jay Arnesen, CEO and Managing Partner of Elevate Legal Services, PLLC, is at […]
WhatsApp & Telegram Investment Scams: How To Spot And Avoid Them
As cryptocurrency scams evolve, so do scammers’ methods, including WhatsApp and Telegram investment scams. Leading the fight against these scams is Attorney Jay Arnesen, CEO and Managing Partner of Elevate Legal Services, PLLC. Jay Arnesen is dedicated to helping victims recover their assets from fraudulent investment schemes promoted on messaging platforms. We are committed to […]