Cyber Presents: How To Not Get Scammed In The Crypto Market

There is no episode of Darknet Diaries this week. Instead we are going to play an episode from the podcast Cyber, by Vice Motherboard. See you with a new episode next week. Hacking. Hackers. Disinformation campaigns. Encryption. The Cyber. This stuff gets complicated really fast, but Motherboard spends its time embedded in the infosec world so you don't have to. Host Matthew Gault talks every week to Motherboard reporters Lorenzo Franceschi-Bicchierai and Joseph Cox about the stories they're breaking and to the industry's most famous hackers and researchers about the biggest news in cybersecurity.  This episode: How To Not Get Scammed In The Crypto Market A strange press release went out on September 13th. Retail giant Walmart, it seemed, would soon be accepting crypto currency. “The eCommerce giant intends to give its millions of shoppers across the world an opportunity to seamlessly make payments with cryptocurrencies,” the press release said. The press release was bullshit. The world of cryptocurrency is rife with scams. Pump and dumps, fake coins, massive hacks. Members of a professional eSports influencer house have been accused of running a crypto-based charity scam, a hacker recently made off with $600 million in Bitcoin, the SEC is investigating a crypto backed fraud case that’s alleged to have screwed investors out of billions. The list goes on and on. What is it about these digital currencies that makes them so vulnerable to getting ripped off and how do you keep yourself safe? Here to help us navigate the murky waters of Crypto currency and its many scams is Motherboard Senior Editor Jordan Pearson. See acast.com/privacy for privacy and opt-out information. Subscribe to the Cyber podcast and learn more at https://www.acast.com/cyber.