A Wellington resident has been arrested as part of a major cryptocurrency scam investigation, with authorities claiming the total value of the stolen funds reaches $265 million. The […]
Illicit Crypto Market Xinbi Channels Billions for Scammers
A Colorado-based company linked to a massive Chinese illicit marketplace has facilitated billions of dollars in cryptocurrency transactions, serving as a hub for scammers targeting victims across Southeast […]
Warning: WEMIX Stake Website Identified as a Potential Scam
The WEMIX Team is issuing an alert regarding a confirmed scam website posing as the official WEMIX Stake service. Users are advised to avoid accessing, connecting wallets to, […]
New Crypto Tokens ‘Pahalgam’ and ‘Operation Sindoor’ Raise Security Concerns
Two recently launched cryptocurrency tokens, ‘Pahalgam’ and ‘Operation Sindoor’, are circulating on platforms like Solana, sparking concerns about potential scams. These tokens lack essential information such as verified […]
Justin Sun Calls for Action After TRON DAO Twitter Hacking
TRON founder Justin Sun has called for immediate action from cryptocurrency exchange OKX to freeze funds linked to a fraudulent scam following the unauthorized takeover of the official […]
John Bollinger Raises Alarm Over Crypto Scammers Using His Name
Renowned trader John Bollinger has sounded the alarm about a new cryptocurrency scam, warning that fraudsters are impersonating him to lure unsuspecting victims into financial schemes. The scammers […]
Crypto Address Poisoning Results in $100,000 Loss
A recent example of a sophisticated cryptocurrency scam highlights the vulnerability of users to address poisoning attacks. A victim lost a staggering $100,000 worth of USDC due to […]
Alex Mashinsky Faces 20 Years in Prison for Celsius Scam
Former crypto lending pioneer Alex Mashinsky will spend the next two decades behind bars after being accused of orchestrating a deliberate and calculated scam that led to nearly […]
Massive Ethereum Scam? Wallet Transfers $1 Million Amidst Security Concerns
A significant concern has been raised in the crypto community following a suspicious wallet transaction. According to Foresight News, an anonymous wallet linked to cryptocurrency theft reportedly transferred […]
18-Year Sentence Imposed on Crypto Broker Behind $12 Million Scam
A Long Island resident, identified as Austin, was sentenced to 18 years in prison for orchestrating a multi-million dollar cryptocurrency scam. The 62-year-old allegedly preyed on over two […]
Binance Investigates Scam Linked to Deceptive Wallet Platform
Binance is investigating reports of a fraudulent wallet platform scam after on-chain security firm Hashdit flagged suspicious activity. The investigation focuses on victims who unknowingly sent USDT to […]
Binance Investigates Scam Claims Linked to Fake Wallet Platform
Binance is actively investigating reports of a potential scam involving a fraudulent wallet platform, following alerts from on-chain security firm Hashdit. The investigation centers around victims who unknowingly […]
Crypto Rugpull Losses Surge 6,500% in Q1 as Industry Remains Vulnerable
Cryptocurrency investors lost nearly $6 billion to rug pulls during the first quarter of 2025, a staggering 6,500% increase from the $90 million recorded in the same period […]
Malta’s Financial Authority Issues Warning Against Cryptocurrency Scams Targeting Traders
The Malta Financial Services Authority (MFSA) has issued a public alert regarding fraudulent activity targeting cryptocurrency traders. Scammers are creating fake documents to extort money from individuals by […]
DeFi Scam Targets Users Visiting Abandoned Projects
A new scam targeting DeFi users has emerged, exploiting abandoned cryptocurrency projects and taking advantage of dormant user activity. Fraudsters are hijacking the websites of these defunct projects, […]