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‘Fan token’ company Socios accused of crypto price manipulation

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‘Fan token’ company Socios accused of crypto price manipulation

Alexandre Dreyfus, the CEO and founding father of fan token web site Socios, has been accused of withholding funds with a view to keep the value of Chiliz (CHZ), the cryptocurrency utilized by the Socios group, in accordance with a report from Off the Pitch.

Fan tokens are tied to real-life sports activities groups, creators, or artists, and provides token holders entry to unique fan golf equipment the place they’ll vote on choices inside their group. In Socios’ case, the platform facilities round sports activities, with customers shopping for Chiliz to buy the fan tokens representing numerous groups in soccer, soccer, motorsports, and extra.

As reported by Off the Pitch, Dreyfus allegedly didn’t pay a few of his advisors an agreed-upon share of Chiliz in trade for endorsing the cryptocurrency. An unnamed tech government informed Off the Pitch that he solely acquired “some portion of what was promised,” and claims Dreyfus began “avoiding all communications with the advisors” in September 2020.

His purpose for not paying out advisors? An inside message from Dreyfus considered by Off the Pitch signifies Dreyfus didn’t need the worth of Chiliz to tank. “We additionally want to guard the traders,” Dreyfus writes within the screenshotted message. “While you give free tokens, folks can promote at any worth — it would not matter for them.” He then went on to notice that the “actual traders” who purchased Chiliz could possibly be dropping cash on account of advisors promoting off the forex.

The tech government referred Off the Pitch to 3 different advisors who additionally allegedly went unpaid, and acquired affirmation from one in all them. Oddly sufficient, that one advisor reached out to Dreyfus as soon as once more — the context of their dialog unknown — and reported again to Off the Pitch that every one 4 advisors had lastly been paid in full. It’s unclear if there are nonetheless different Chiliz advisors that stay unpaid.

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“We remorse that some advisers which have labored with us up to now weren’t paid in a well timed method and we have now rectified this with them immediately and keep good relationships immediately,” a Chiliz spokesperson informed Off the Pitch. “The agreements have been made when the corporate was pre-start up and at the moment we weren’t in a position to award CHZ immediately because it wasn’t listed on any exchanges. To be clear, this delay is unacceptable and never the way in which we wish to run our enterprise, and falls wanting the requirements to which we maintain ourselves immediately.”

Workers members, who have been additionally alleged to obtain a portion of their wage in Chiliz, weren’t so fortunate. When the worth of Chiliz skyrocketed, one worker claims they have been unable to money in on the $10 million allegedly owed by Dreyfus. Chiliz later ushered in a brand new contract to switch those beforehand signed by workers, leading to a smaller allotment of crypto, Off the Pitch reviews. The worker who was owed $10 million supposedly solely made off with round $60,000 on account of the brand new settlement. One other employees member was reportedly fired after talking out in regards to the situation to the press.

Chiliz responded to Off the Pitch’s report in a submit on Medium, stating that it “doesn’t replicate the reality of the matter.”

Replace March twelfth 6:05PM ET: Up to date so as to add the response from Chiliz.

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Tech CEOs want to replicate Tim Cook’s Donald Trump playbook

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Tech CEOs want to replicate Tim Cook’s Donald Trump playbook

Instead of sending government relations executives or lobbyists, Cook would appeal to Trump directly through phone calls and meals, said people familiar with the interactions.

Cook then developed a meeting strategy with Trump where he would bring one data point to home in on a single issue in a meeting, the people said. That approach helped keep the meetings from spiraling in too many directions.

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Don’t get caught in the 'Apple ID suspended' phishing scam

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Don’t get caught in the 'Apple ID suspended' phishing scam

Scammers keep coming up with new and, honestly, pretty clever ways to trick people. They socially engineer their phishing emails and messages so well that even the most tech-savvy users have to think twice. One example is the “Apple ID Suspended” phishing scam. 

You might have seen it before since it’s been going around for the past few years. 

Here’s how it works: You get an email from what looks like Apple, saying your Apple ID has been suspended. 

The sender’s name shows “Apple,” but the email is actually from a scammer trying to get you to click on a malicious link.

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A woman looking at her iPhone (Kurt “CyberGuy” Knutsson)

What you need to know

The Apple ID phishing emails have come a long way in recent years. They used to be plain text, had no Apple branding and didn’t even greet or address the user. Now, though, they look almost identical to genuine Apple emails. These fraudulent emails claim your Apple ID has been suspended to trick you into giving up login credentials or other sensitive information. They come complete with an Apple logo, show “Apple ID” as the sender name and have a big blue button that says “Go to Apple ID.”

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The email pretends to be from Apple Support, claiming your access has been suspended due to “unusual activity” or missing or invalid information. It says you can’t access your account or Apple services until you verify your identity. There’s usually a link that leads to a fake Apple site, asking you to enter your username, password and additional personal details to reactivate your account. To add urgency, it even warns that if you don’t verify your Apple ID within 24 hours, it will be permanently blocked.

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A person checking emails  (Kurt “CyberGuy” Knutsson)

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Watch out for red flags

If you’re not paying attention, it’s easy to get tricked into clicking the link in a scam like this. But if you’re keeping an eye out, there are plenty of red flags. I’ve added a sample phishing email below, and you’ll spot the issues immediately. For one, it’s not actually from Apple; the email domain is @uaepass.ae, which has nothing to do with Apple. Any legit Apple email will end with “@email.apple.com,” so anything else is an instant red flag.

Then there’s the awful grammar and punctuation. A company worth $3.37 trillion can definitely afford a decent content writer. You know someone at Apple is not going to mix up past and present tense like it’s their first time writing an email.

Take this gem: “Therefore we need to re-verify your account data. if you did not verify your account within 48 hour, your account will be permanently locked, go to Apple ID and verify as soon as possible.” It reads like someone smashed a bunch of words together and called it a day. I’m not trying to give a grammar lesson here, but you get the point.

phishing email

“Apple ID Suspended” phishing email  (Kurt “CyberGuy” Knutsson)

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6 ways to protect yourself from Apple ID phishing scams

1. Check the email address: Always verify the sender’s email address. Any legitimate email from Apple will come from a domain ending in “@email.apple.com.” If it’s anything else, like @uaepass.ae, it’s a scam.

2. Look for spelling and grammar mistakes: Phishing emails often have poor grammar and punctuation. If the message sounds odd or looks like it was written by someone who doesn’t know how to write well, be suspicious.

3. Don’t click on suspicious links: If the email asks you to click a link, don’t do it right away. Hover over the link to see the actual URL. If it doesn’t look like an official Apple website (or any site you trust), don’t click it.

The best way to safeguard yourself from malicious links that install malware, potentially accessing your private information, is to have antivirus software installed on all your devices. This protection can also alert you to phishing emails and ransomware scams, keeping your personal information and digital assets safe. Get my picks for the best 2024 antivirus protection winners for your Windows, Mac, Android and iOS devices.

4. Enable two-factor authentication (2FA): This adds an extra layer of protection to your Apple ID. Even if a scammer gets your password, they won’t be able to log in without the second authentication step.

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5. Verify directly with Apple: If you’re ever unsure about an email or message, go directly to Apple’s official website or contact their support team. Don’t use any contact info provided in a suspicious email.

6. Invest in data removal services: Scammers often use personal information that’s readily available online to craft more convincing phishing attempts. By investing in data removal services, you can reduce the amount of personal data that’s exposed on the web, making it harder for scammers to target you effectively.

While no service promises to remove all your data from the internet, having a removal service is great if you want to constantly monitor and automate the process of removing your information from hundreds of sites continuously over a longer period of time. Check out my top picks for data removal services here. 

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Kurt’s key takeaways

Scammers are getting pretty clever, but you don’t have to fall for their tricks. By staying alert and keeping an eye out for those red flags, you can easily spot these phishing attempts before they catch you off guard. Always double-check the sender’s email address, watch for bad grammar and don’t click on any suspicious links. If something feels off, don’t hesitate to go directly to Apple’s official website or contact their support team.

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Do you think companies like Apple are doing enough to protect users from scams? Let us know by writing us at Cyberguy.com/Contact

For more of my tech tips and security alerts, subscribe to my free CyberGuy Report Newsletter by heading to Cyberguy.com/Newsletter

Ask Kurt a question or let us know what stories you’d like us to cover

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Two new tech documentaries you really need to see

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Two new tech documentaries you really need to see

Hi, friends! Welcome to Installer No. 61, your guide to the best and Verge-iest stuff in the world. (If you’re new here, welcome, happy Hallmark season, and also you can read all the old editions at the Installer homepage.) 

I missed you all last week — thanks to everyone who told me you missed Installer, too! Warms my heart, and also makes me feel terrible for not being there, but mostly warms my heart. Let’s get back at it. This week, I’ve been reading about venom and deadly car races and hockey phenoms, setting up the new Mac Mini I finally caved and bought, watching The Day of the Jackal (which is spectacular) and Wolfs (which is fine), devouring the Dark Matter and Say Nothing books before I watch the shows, seeing if Google’s Gemini app can replace my search engine, trying to restart my notebooking habit with MyMind, and listening to the Halt and Catch Fire soundtrack on repeat.

I also have for you a delightful new music-making gadget, a couple of interesting new documentaries, a humongous Alexa device, the next big thing in Dune, and much more.

And I have a question: what’s on your gift list this year? Stuff you want, stuff you’re giving, it’s all fair game. I’m putting together an Installer-y gift guide for next week and would love your ideas! (And fair warning, I’m going to be asking for lots of your recommendations the next few weeks — I have some fun year-end things planned.)

Okay, lots going on this week! Let’s get into it.

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(As always, the best part of Installer is your ideas and tips. What are you into right now? What should everyone else be watching / reading / playing / listening to / air-frying this week? Tell me everything: installer@theverge.com. And if you know someone else who might enjoy Installer, tell them to subscribe here.)

The Drop

  • Surveilled. First, read Ronan Farrow’s latest New Yorker article about how the US government could very easily hack your tech. Then watch this new doc about how this kind of thing is happening all over the world, and Farrow won’t seem so dramatic when he basically advocates hucking your phone out the window. 
  • Buy Now! The Shopping Conspiracy. This looks like it belongs in the legacy of The Great Hack and The Social Dilemma, which is to say, very alarming and somewhat overstated documentaries about how the world really works. But the tricks companies use to get you to keep spending money, even the obvious ones, are pretty alarming to see laid out like this.
  • Teenage Engineering’s OP-XY. The OP-1 is still Teenage Engineering’s classic and most iconic synthesizer, but this new synthesizer / sampler / sequencer looks like an even more powerful portable music maker. TE is maybe the only company that makes me wish I were a musician, just so I’d have a reason to buy this.
  • Dune: Prophecy. My obsession with all things Dune is not a secret if you’ve been reading Installer for a while. So far, this super-prequel isn’t exactly fizzing with action, but it’s dramatic and big and I’m into it.
  • Year of the Ring. Our friends over at Polygon put together this epic tale about an epic tale: Lord of the Rings. Stories about the books, the movies, the characters, the fanfiction, and so much more. If you’re a Tolkien-head, you won’t want to miss this.
  • Queue. A perfectly minimalist iPhone podcast app, this one. You add a show, it puts new episodes in a list, you play things from the list. The more I use it, the more I wonder why any podcast app does anything else.
  • Tokyo Override. Intense commentary about capitalism, fascism, AI, and the surveillance state, dressed up in a stylishly animated story about hackers riding motorcycles in futuristic Tokyo? Extremely into it.
  • The Amazon Echo Show 21. I’m sorry, but a 21-inch “smart display” is just a TV. But I think Amazon’s idea with these new, bigger Echo devices — which is basically to have one giant screen as the hub of your smart home — is the right one.  
  • One Billion Users. The folks at Techdirt have a surprisingly strong hit rate for fun games. I bought their CIA card game a while back and played the heck out of Startup Trail. This one’s a card game about starting a social network, and it’ll be a hit at my Thanksgiving one of these years.
  • The JVC HA-NP1T “Nearphones”. Another cool-looking set of open-ear headphones, which let you hear your music and the world around you. And unlike so many others, these don’t cost a fortune! A hundred bucks, in that dark green color, sounds like my kind of thing.
  • IMG_0001. A few weeks ago, Ben Wallace found a trove of videos on YouTube that had been uploaded directly from iPhones a dozen years ago or so. Riley Walz went and compiled 5 million of the videos, and they’re both incredibly mundane and often weirdly intimate? It’s just, like, people’s real lives, uploaded before anyone knew not to.

Screen share

There aren’t many people who do as good a job explaining tech to regular humans as Rich DeMuro. You might know him as “Rich on Tech” from the teevee if you live in LA, where he’s a tech reporter for KTLA. You might also have heard his radio show / podcast or read his newsletter. I’ve been following his work forever, and we’ve crossed paths a few times at various events as we run to play with new iPhones or Pixel phones. 

Like any good reporter, Rich is perpetually using a million gadgets. So I asked him to share his current homescreen and tell me a little about how it all works. I got even more than I bargained for.

The phone: I typically carry three phones with me… my primary SIM is in an iPhone, then I usually have the latest Samsung and Pixel for reference. I answer a lot of questions about these phones on a daily basis for my followers and talk about what you can do with them on my radio show (and podcast!), Rich On Tech. So it’s handy to have them standing by, since the way you do things is slightly different on each.

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The wallpaper: My homescreen wallpaper is usually pretty boring. I don’t put a whole lot of thought into it. Sometimes I will have my kids pick something cool for me for the season, but otherwise, my wallpaper can linger for months. I always get it from the app Backdrops. I just head into the “Abstract” category and find it there.

Usually, the wallpapers on my phones will match, but sometimes I’ll change them independently.

The apps: On iPhone: YouTube Music, Notion, Apple News, ElevenReader, Settings, Google Photos, Google Maps, Google Calendar, Claude, Microsoft To Do, JustWatch, Techmeme, Gmail, Email Me, Instagram, X, Phone, Telegram, Messages, Chrome. On Android: mostly the same, plus Samsung Voice Recorder and Voicenotes.

When it comes to my iPhone, I keep it pretty simple with just the apps that I use on a daily basis. I recently switched to YouTube Music from Spotify because it’s included in my YouTube Premium membership. I really like the supermixes that they generate. I still think Spotify is better, but YouTube Music works just fine.

I have tried every single note-taking app in the world, and Notion actually seems to do a majority of the stuff I like. Before that, it was Obsidian, and I liked how it was sort of self-hosted, but Notion is much easier across various devices, and it just works. I have also tried every single to-do list in the world, and once I put something on my to-do list, it’s almost guaranteed it’s not going to be done. There are two things I like about Microsoft To Do: you can start each day fresh with a fresh list just for that day, and you can attach a file to your to-do items.

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I use my email inbox as sort of my to-do list, so all articles, random notes, and websites I want to check out later go there first, and I triage when I have time. That means I always have some sort of “email myself” app. On iPhone, I love Email Me, and on Android, I just found a new app to replace my old one, also called EmailMe, but not from the same developer. It basically opens up a Gmail or Outlook compose window with your email address already populated.

Any time I put an article in a read-later app, I never ever get to it. I’m really trying to find a better way for that system, but I love how ElevenReader can read articles to me while I’m at the gym if I want to brush up on things before my radio show. 

My preferred AI is Claude. I love how it deals with more summarizations of things and the English language versus image generation and such. 

A couple of other apps that I absolutely love: one is an iOS app called Whisper Memos. It will use AI to transcribe what I say with eerie accuracy, and it will email that information to me so I can deal with it later. It’s great for podcasts when you’re in the car and hear something you want to remember. Another is called Voicenotes: it’s more of a digital voice notebook. It’s on iOS and Android, and you can search your notes using AI, sort of like ChatGPT for your notes.

I keep going back and forth on Twitter / X. It’s definitely doomscrolling for me, but I haven’t really gotten used to Threads, nor do I like the idea of one company controlling all of my social media between Facebook, Instagram, and Threads. So I’m still there.

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I also asked Rich to share a few things he’s into right now. Here’s what he sent back:

  • Because of my wild work schedule (I work early mornings, so I don’t have the typical downtime at night to just watch some TV), I rarely watch TV shows or movies. I mostly watch when I’m traveling — right now, I’m bingeing That ‘90s Show, which I find easy to digest and silly. But I mostly stick to movies.
  • Right now, I’m really into the author Teddy Wayne. I loved his book The Winner and have been reading his older stuff. 
  • I also like any sci-fi and have been reading the author T.J. Newman, who was a flight attendant and wrote her first book doing red-eye flights. Cool success story.
  • As for podcasts, I always listen to Techmeme Ride Home each morning (ironically on my way to work) and check Techmeme in general about a gazillion times a day. Fun fact: I was an editor there for a year or so.

Crowdsourced

Here’s what the Installer community is into this week. I want to know what you’re into right now as well! Email installer@theverge.com or message me on Signal — @davidpierce.11 — with your recommendations for anything and everything, and we’ll feature some of our favorites here every week. For even more great recommendations, check out the replies to this post on Threads and this post on Bluesky. That’s right, we’re doing Bluesky now, too. Come hang out!

“A new timed crossword puzzle game called SnowFall. Love how it takes the elements of a crossword puzzle and throws them at you one at a time. Builds a little anxiety to the unlimited time of a traditional crossword. Starts easy but gets hard fast. Helps fill the pockets of time when I cannot do a full crossword.” – Neal

“Deep in Apple TV Plus this past couple weeks. Silo is back, and the second season of Bad Sisters continues to be compelling TV. Small screen rules going into the holidays.” – Matthew

Cooked has been a huge help turning my ever-growing collection of social media recipes into something actually usable.” – Dylan

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“I switched to Thunderbird on my Pixel device, and it is better IMO than the Gmail app. My biggest complaint with the Gmail app was not being able to see if my other accounts have emails without fully switching over to them. When you open up the navigation pane, you can easily see what accounts have an unread email. (I don’t like unified inboxes, either.) Also, the split-pane view on the Pixel Fold’s inner display is very much welcome.” – Sean

“Trying to decide if I want to splurge on the new Razer Wolverine. It’s finally wireless for Xbox, but then the question becomes whether I can tolerate the software on PC. It’s been fascinating finally seeing wireless Xbox controllers from other brands.” – Luke

“Learning about the fascinating and morbid history of vampire burials with the hilarious Milo Rossi!” – Josh

Sill, by Tyler Fisher, is a new tool that connects to your Bluesky and / or Mastodon accounts, collecting all links posted to your timeline and displaying the most popular ones in your network. It’s similar to Nuzzel for Twitter and free to use. I’ve been finding it incredibly useful to get a feeling for what’s trending.” – Paulo

“Lately, I’ve been really into KarmaZoo, a unique little multiplayer puzzle platformer that features you, as a cute little pixel animal, wordlessly teaming up with a bunch of other player-animals — each with their own special abilities — to navigate levels as a team. It’s giving and gracious and an absolute blast.” – Dan

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Vehicle Motion Cues on iOS to do two things: 1) Prevent motion sickness using the phone while riding in a car and 2) Remind myself that I should not use my phone while riding in a car.” – Johnson

“I bought a couple of these 3-in-1 chargers from Anker for traveling, and I love them so much. My fiance can never remember to bring both of his cords to charge his phone and his watch when we travel, so I’m very excited.” – Luke

“I’m excited that I scored tickets to see Interstellar in 70mm IMAX for its 10th anniversary. It’s one of my favorite movies of all time, and I just happen to live by one of the few theaters that can play it in 70mm. I’m pumped!” – Tony

“I’ve been getting back into listening to music I actually own. It’s tough to find an aesthetic and useful FLAC-compatible music player on the Mac, but Doppler has been filling that role pretty well. A simple interface and Last.fm scrobbling are my favorite features.” – Russ

Reeder just added Bluesky account integration! Now, it has Mastodon, Bluesky, YouTube, RSS, podcasts… It is slowly becoming my first and only app open!” – Kelly

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Signing off

It’s officially the most wonderful time of the year: Holiday Movie Season! I am almost embarrassed to explain how much I love crappy holiday movies and how excited I get when I both get to begin the rotation of the favorites (The Holiday, Love Actually, Elf, and Home Alone are probably my Mount Rushmore, but there are many others) and the seemingly infinite supply of new ones Hallmark and others crank out every year. I have Us Weekly’s full guide to the season bookmarked in my browser, and I am only slightly ashamed to admit that I just signed up for Hallmark Plus. I promise you this: I will be getting my money’s worth. Just please help me to remember to cancel before New Year’s Eve. And if you have a holiday favorite, send it my way! The worse the better.

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