Vietnamese authorities have arrested key individuals associated with a massive cryptocurrency scam involving approximately $400 million, known as the ‘Matrix Chain’ operation. This multi-level marketing scheme attracted over […]
Crypto Trader Loses $2.5 Million in Sophisticated Address Poisoning Scam
A crypto trader recently suffered a significant loss of $2.5 million due to a sophisticated address poisoning scam. This incident highlights the growing threat of phishing attacks and […]
Copy-Paste Scam Leaves User Out $2.5M Twice
A cryptocurrency user suffered a significant financial loss after duplicating an incorrect address from erroneous transaction records twice. The individual first attempted to transfer 843,166 Tether (USDT) to […]
Crypto Scams Target Nigerian Users, Underscoring a Growing Problem
A new wave of cryptocurrency scams is targeting users in Nigeria, highlighting the growing vulnerabilities associated with this booming industry. As many seek financial opportunities through digital currencies, […]
Lucie Warns of Rise in SHIB Scams, Urges Community Vigilance
SHIB marketing lead Lucie has issued a concerning warning about the surge in scams targeting SHIB holders. In a recent X post, she urged community members to be […]
U.S. Tourist Loses $123,000 in Cryptocurrency to Fake Uber Scam in London
A U.S. tourist from Portland, Oregon, Jacob Irwin-Cline, experienced a devastating loss of $123,000 worth of cryptocurrency after falling victim to a fake Uber scam in London. The […]
Retired Artist Loses Millions to Sophisticated Crypto Scam
A retired artist recently became a victim of a sophisticated cryptocurrency scam involving fake Coinbase calls and social engineering tactics. Ed Suman lost over $2 million in crypto […]
Jupiter Co-Founder Identifies Three Major Crypto Threats
In a recent tweet, Jupiter co-founder Meow highlighted three critical challenges impacting the cryptocurrency sector. Meow categorized these issues as ‘the three mosquitoes’ of the crypto world: spammers, […]
Coinbase Scam Costs Retired Artist $2 Million, Raises Security Concerns
A retired artist from Los Angeles has fallen victim to a sophisticated phishing scam targeting Coinbase users, resulting in the loss of $2 million in cryptocurrency assets. The […]
Man Arrested in New Zealand for Role in $265 Million Crypto Scam
A Wellington resident was apprehended in Auckland as part of an international investigation into a cryptocurrency scam that allegedly stole $265 million (NZD$450 million) from seven victims. This […]
Cryptocurrency Scams: How They’re Evolving and What New Investors Need to Know
The surge in cryptocurrency adoption has fueled a corresponding rise in scams targeting new investors. This growth comes from criminals exploiting advancements in technology, regulatory gaps, and the […]
25 Arrested in South Korea’s $540K Crypto Scam Crackdown
South Korea is experiencing a surge in both crypto investment and sophisticated fraud schemes. Authorities have recently arrested 25 individuals linked to a network of fake cryptocurrency investment […]
Elderly Suffer Biggest Crypto Scams Losses: $2.8B Lost in Investment Schemes
The FBI has revealed that a staggering $2.8 billion was lost by individuals aged 60 and above through investment scams specifically targeting the cryptocurrency market in 2024. This […]
10 Red Flags for Spotting Fake Cryptocurrency Investment Platforms
Fake cryptocurrency investment platforms often use deceptive tactics to lure unsuspecting investors into scams. Recognizing these red flags is crucial to protecting your investments and avoiding fraud. This […]
Crypto User Loses $20,000 Due to Phishing Scam on ChangeNOW Exchange
A recent victim of a phishing scam involving the ChangeNOW cryptocurrency exchange experienced a significant financial loss. According to Foresight News, the user lost over $20,000 after interacting […]