A Cambodian businessman, Chen Zhi, chairman of Prince Group, is suspected to have orchestrated a massive $1.8 billion Bitcoin scam dubbed
U.S. Seizes $14 Billion in Bitcoin from Cambodian Forced-Labor Crypto Scam
The U.S. has made a historic move, seizing $14 billion worth of Bitcoin to dismantle a massive cryptocurrency scam originating in Cambodia. The operation targeted forced-labor crypto investment […]
US Seizes $14 Billion in Bitcoin, Targeting Crypto Scams and Money Laundering
The United States has seized a significant sum of cryptocurrency – $14 billion worth of Bitcoin – as part of a crackdown on a sprawling international scam operation. […]
Pi Network Plunges: Price Crash Triggers Exasperation and Skepticism
The Pi Network token experienced a sharp and record-breaking decline over the weekend, plunging to its lowest point ever. This dramatic fall has been fueled by accusations of […]
Crypto Scams: The Rise of Fraud in the Digital Asset Market
The booming world of cryptocurrency has attracted both opportunities and risks, leading to an alarming increase in fraudulent schemes targeting investors. These scams are becoming more sophisticated, leveraging […]
FC Barcelona Instagram Hack Leads to Fake ‘FCB’ Token Scam
A recent social media hack targeting FC Barcelona has resulted in a fake cryptocurrency token scam, highlighting the growing threat of crypto scams targeting high-profile brands. The hackers […]
Elderly Woman Loses $63,000 in Scam Targeting Seniors
A recent case highlights the devastating impact of scams targeting seniors. Judith Rosenberg fell victim to a scammer posing as a federal agent, losing a staggering $63,000 from […]
US Takes Action Against $12 Million in Crypto Funds Linked to Investment Fraud
The U.S. Attorney’s Office filed a civil forfeiture action on Friday, targeting over $12 million in Tether (USDT) funds linked to an investment scam that defrauded victims of […]
U.S. Targets 19 Entities for Role in Cryptocurrency Investment Scams from Southeast Asia
The U.S. Department of the Treasury has taken action against 19 entities based in Myanmar and Cambodia that are alleged to be involved in cryptocurrency investment scams targeting […]
Crypto Analyst Warns of Scams, Market Volatility, and Recession Risk in XRP-Holders
In a video released by crypto analyst BullRunners, warnings were issued regarding the dangers of scams targeting digital asset holders, particularly those related to the XRP token. The […]
US Treasury Sanctions Crypto Scam Networks in Myanmar, Cambodia
The US Treasury Department has announced the sanctioning of 19 entities operating within Myanmar and Cambodia for involvement in cryptocurrency scams. These groups are accused of coercing victims […]
US Sanctions Target $10B Crypto Fraud Networks in Southeast Asia
The US Treasury Department announced the sanctions of 19 entities in Myanmar and Cambodia linked to sophisticated cryptocurrency scams, resulting in a staggering loss of over $10 billion […]
Attorney General Sues Athena Bitcoin for Enabling Scams Targeting Elderly
The District of Columbia Attorney General’s office has filed a lawsuit against Athena Bitcoin, accusing the company of enabling scams targeting elderly residents through its cryptocurrency ATMs. The […]
Recovering From Crypto Scams: Tips for New Traders
Crypto trading can be exciting, but unfortunately, it can also lead to scams. These malicious actors often target novice traders, leaving them vulnerable and emotionally shaken after losing […]
ZachXBT Issues Warning: New Token Project Linked to Known Scam Artists
Blockchain investigator ZachXBT has issued a warning regarding a new token project called Web3, stating it’s connected to individuals linked to past NFT scams. He based his claims […]