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, […]
Memecoin Market Plummets 30%, Spurred by Hype Fade & Scam Concerns
The memecoin market is experiencing a significant downturn, with its value plummeting over 30% in the last two months, driven by waning hype and increased concerns about scams. […]
Florida Residents Targeted in McAfee Pop-Up Scam
A new scam targeting residents of Pinellas County, Florida is using fake McAfee pop-up alerts to gain access to victims’ computers and steal their money. According to Foresight […]
Sophisticated Address Poisoning Attacks Target Bitcoin Holders
New scams targeting Bitcoin users are using a sophisticated technique called address poisoning to steal funds. This method tricks victims into sending money to malicious addresses that closely […]
Bybit CEO Raises Concerns About Pi Network: Is It a Scam?
A prominent cryptocurrency exchange leader has cast doubt on the legitimacy of the Pi Network, just as it launches its long-awaited Open Network. Ben Zhou, CEO of Bybit, […]
Rich The Kid’s Crypto Promotion Sparks Controversy as ‘Scam Token’ Collapses
Celebrity rapper and entrepreneur Rich the Kid has found himself at the center of controversy after promoting a new cryptocurrency token, leading to its rapid decline in value. […]