A groundbreaking move by the U.S. Department of Justice has resulted in the seizure of a record-breaking $15 billion worth of Bitcoin linked to a massive scam originating […]
U.S. Seizes $15 Billion in Bitcoin from Major Crypto Scam
The U.S. government has seized $15 billion worth of bitcoin in a major crackdown on a cryptocurrency scam orchestrated by Cambodian billionaire Chen Zhi. This high-profile case marks […]
Luxury Scam Allegations: Shazad Bakhsh Under Investigation
Accusations against Shazad Bakhsh have surfaced concerning a luxury scam targeting affluent individuals, but the extent of the alleged fraud and its implications for the cryptocurrency sector remain […]
Pi Network Under Fire: Is It the Biggest Cryptocurrency Scam Ever?
Pi Network, once touted as a revolutionary way to mine cryptocurrency using smartphones, is facing intense scrutiny from the crypto community. Years of hype and promises have led […]
Scammer Makes $430K Profit by Using CZ’s Name for SCI6900 Token
A recent cryptocurrency scam has exposed the vulnerability of the market to exploitative tactics, where an individual profited over $430,000 by falsely associating the SCI6900 token with Binance […]
Shiba Inu Faces New Threat: Fake Airdrops and Phishing Scams
The Shiba Inu community faces a growing threat from scammers, as recent incidents highlight the challenges of navigating online activities within this popular ecosystem. One such threat is […]
Fortune Collective Founder Loses $1 Million to Scam
Alexander Choi, founder of the cryptocurrency trading community Fortune Collective, has suffered financial losses amounting to nearly $1 million after falling victim to a fraudulent community project and […]
Shiba Inu Issues Security Warning After LEASH Token Scams Spark Price Drops
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 […]