The Shiba Inu community is being warned against potential scams targeting the LEASH token as it undergoes a migration process. Concerns have been raised about fraudulent schemes, particularly […]
Joint Investigation Dismantles $47M Pig Butchering Scam Network in Asia-Pacific
Authorities in the Asia-Pacific region have crippled a large-scale pig butchering cryptocurrency scam operation, freezing nearly $47 million in USDT linked to victims. This action was coordinated by […]
Binance, Tether, Others Freeze Over $50 Million Connected to Pig Butchering Scam
Blockchain tracing firm Chainalysis played a key role in a joint investigation that resulted in the freezing of almost $50 million linked to a pig butchering scam. The […]
Binance, Industry Leaders Freeze $49.6M USDT in Pig-Butchering Scam
In a significant win against digital fraud, a collaboration between blockchain analytics firms, stablecoin issuers, and major exchanges has led to the freezing of nearly $50 million in […]
Vanilla Drainer Steals $5.27 Million in Cryptocurrency, Raising Concerns about New Crypto Scam Services
A new cryptocurrency scam service known as Vanilla Drainer has stolen at least $5.27 million from victims over a three-week period, raising alarm bells within the digital asset […]
20% of Scam Site Takedowns Linked to Crypto Fraud – ASIC Intensifies Crackdown
The Australian Securities and Investments Commission (ASIC) has confirmed that cryptocurrency-related fraud accounted for 20% of its scam site removals over the past two years. Since July 2023, […]
Investor Loses $91 Million in Bitcoin to Sophisticated Scam
A cryptocurrency investor suffered a significant loss, losing nearly $91 million worth of Bitcoin after falling victim to a sophisticated social engineering scam. The incident occurred on August […]
Bitcoin Whale Suffers $91 Million Loss from Sophisticated Scam
A high-profile cryptocurrency investor has fallen victim to a large-scale social engineering scam, losing over $91 million worth of Bitcoin. Blockchain investigator ZachXBT revealed that the theft occurred […]
£2.8 Million Bitcoin Heist: Scammer Targets Long-Term Crypto Holders
A sophisticated phishing scam has resulted in the theft of £2.8 million worth of Bitcoin after a scammer impersonated a senior UK police officer to trick an individual. […]
Cryptocurrency Scams Mimicking Reputable Media: UK Sees Rise in Imposters
Fraudulent schemes targeting cryptocurrency investors are now utilizing a new tactic – impersonating trusted media outlets like the BBC and WalesOnline to spread misleading investment opportunities. These scams […]
Over $1.6 Million Lost in Address Poisoning Scams, Impacting Individual Ethereum Users
A recent surge of address poisoning scams has resulted in a staggering loss of over $1.6 million for individual Ethereum holders within just a week. This type of […]
Chinese Embassy Warns of Tether Scam Targeting Maldives Residents
A new scam targeting Chinese citizens in the Maldives has emerged, involving fraudulent USDT transactions through online platforms. The Chinese Embassy in the Maldives issued a warning about […]
Crypto Fraudster Receives One-Year Sentence in Landmark Case
A landmark crypto fraud case has resulted in the sentencing of Charles O. Parks, a figure known in the digital space as CP3O, to one year and a […]
Cryptocurrency Users Lose Over $1.6 Million to Address Poisoning Scams
A recent surge in address poisoning scams has resulted in over $1.6 million in losses for cryptocurrency users within a week, according to Cointelegraph reports. These scams exploit […]
XRP Holders Warned of Potential Fraudulent Activity
Wietse Wind, founder of XRPL Labs and creator of the Xaman (formerly XUMM) wallet, has issued a strong warning to the XRP community about potential scams targeting users. […]