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 […]
Navigating the Challenges of Crypto’s Wild West
The cryptocurrency market is often characterized as an unregulated arena where scammers and unscrupulous individuals flourish, preying on less experienced traders seeking quick profits. It’s essential to remain […]
Crypto Scam Alert: Fake Tokens Rise Again
Despite the rebound of the crypto market, a worrying trend resurfaces: fake tokens designed to deceive investors. Binance, a leading cryptocurrency exchange, warns about this resurgence of scams […]
Telegram Scams Surge as Fraudsters Exploit Chat History
Security concerns have risen with multiple scams targeting users on Telegram, according to reports from Foresight News. SlowMist founder Yu Jian has highlighted three theft incidents today, two […]
Binance Warns Crypto Traders: Fake Tokens On the Rise
Major cryptocurrency exchange Binance has issued a critical alert for crypto traders, highlighting an alarming increase in fake token scams. The warning comes via a recent tweet from […]
Shiba Inu Team Warns of Fake Tokens and Misleading Claims
The Shiba Inu team has issued a critical warning to its dedicated community about the rise of fraudulent activities within the ecosystem. @susbarium, an official SHIB-related account on […]
Crypto Industry Suffers Massive $364 Million Loss to Scams and Hacks in April
April proved a challenging month for the cryptocurrency market as investors suffered significant losses due to scams, hacks, and phishing attacks. A recent report by blockchain security firm […]
Australia Targets Inactive Crypto Exchanges: Combating Scams with Deregistration
Australia’s financial watchdog, AUSTRAC, is taking action against dormant crypto exchanges to curb the risk of scams and illicit activities. The agency has initiated a campaign to remove […]
Ledger Users Targeted by New Scam: Fake Letters Seek Recovery Phrases
A recent scam targeting cryptocurrency users has emerged, with scammers utilizing fake letters bearing the official Ledger logo to steal recovery phrases. These malicious documents falsely claim a […]