New data from PeckShield reveals that crypto scams resulted in a significant drop of $244 million in losses during May 2025. This decrease, representing a 40% reduction compared […]
Wells Fargo Refunds Scam Victims Following Media Pressure
After facing media scrutiny, Wells Fargo has initiated refunds for victims of scams. This action highlights the impact of public exposure on the bank’s consumer protection policies. However, […]
Wells Fargo Reverses Refunds Refusal, Following Media Scrutiny of Scam Victims
Wells Fargo faced public backlash after initially denying refunds to scam victims despite substantial losses reported by individuals affected. The bank’s initial stance sparked media attention and forced […]
Protecting Your Crypto Investments: A Guide to Avoiding Scams
The rise of crypto has opened new doors for financial freedom, but it’s also led to opportunities for scammers. From phishing attacks to rug pulls, fraudulent schemes are […]
XRP Validator Warns of Scammers Amidst Ecosystem Boom
Following the high-profile XRPLV event in Las Vegas, a key figure in the XRP ecosystem has issued a critical warning to XRP holders. Vet, an influential validator on […]
Vietnamese Authorities Arrest Leaders in $394 Million Crypto Scam
The Vietnamese government has dismantled a major cryptocurrency scam, Matrix Chain, leading to the arrest of five individuals and recovering an estimated $394 million in ill-gotten funds. The […]
Interpol Arrests ‘Madam Ngo’ in Thailand for $300M Crypto Scam
International police organization Interpol has arrested Vietnamese national Ngo Thi Theu, also known as ‘Madam Ngo’, in Bangkok, Thailand. She faces charges related to a multi-million dollar crypto […]
Vietnam Police Arrest Key Figures in $400M Matrix Chain Crypto Scam
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, […]