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Cryptocurrency News Articles

PancakeSwap's CAKE token surges by 37% as Binance Smart Chain ecosystem blossoms

Mar 19, 2025 at 05:10 am

PancakeSwap's CAKE token has surged by 37% within the last 24 hours, reaching $2.49, marking a 57% increase over the past week. This notable rise is tied to pivotal developments affecting the decentralized exchange, primarily the impending delisting of Tether (USDT) by Binance.

PancakeSwap's CAKE token surges by 37% as Binance Smart Chain ecosystem blossoms

DeSoto County officials are warning residents about a new phone scam targeting members of the community.

The scam involves callers impersonating DeSoto County officials, such as the sheriff or county judge, and attempting to extort money from residents by threatening legal action or arrest if they don't comply.

"We want to alert DeSoto County residents to be aware of this scam and to take precautions to protect themselves," said DeSoto County spokesperson Natalie Brock. "This scam has been reported in other parts of the state, and we believe it may now be reaching our community."

Officials are urging residents to remain vigilant and to report any suspicious activity to the appropriate authorities. They also advise residents not to engage with any callers who threaten legal action or arrest, and to never disclose personal or financial information over the phone unless they have initiated the call.

"If you receive a call from someone claiming to be a DeSoto County official and demanding money, it's a scam," said Brock. "We will never call residents and threaten them with arrest or legal action if they don't pay up."

DeSoto County officials are working with local law enforcement to investigate the scam and identify the culprits. They are also planning to launch a public awareness campaign to educate residents about the scam and how to protect themselves.

Residents are encouraged to report any scams to the Federal Trade Commission at https://reportfraud.ftc.gov or call 800-243-4080. They can also report scams to the Better Business Bureau at https://www.bbb.org/ or call 800-273-8464.

"We want to keep our community safe and informed," said Brock. "We urge everyone to be aware of this scam and to take the necessary precautions to protect themselves from becoming victims."

This scam has been reported in other parts of the state, and it appears to be moving into DeSoto County. Callers are impersonating DeSoto County officials, such as the sheriff or county judge, and attempting to extort money from residents by threatening legal action or arrest if they don't comply.

"This is a scam, and we want to alert residents of DeSoto County to be aware of it and to take precautions to protect themselves," said Brock. "We will not be contacting residents and threatening them with arrest or legal action if they don't pay up. If you receive a call like this, it's a scam."

Officials are planning to launch a public awareness campaign to educate residents about the scam and how to protect themselves. They are also working with local law enforcement to investigate the scam and identify the culprits.

Residents are urged to report any scams to the Federal Trade Commission at https://reportfraud.ftc.gov or call 800-243-4080. They can also report scams to the Better Business Bureau at https://www.bbb.org/ or call 800-273-8464.

"We want to keep our community safe and informed," said Brock. "We urge everyone to be aware of this scam and to take the necessary precautions to protect themselves from becoming victims."

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Other articles published on Apr 21, 2025