New evidence points to a cunning phishing scam targeting Ledger users. Fraudsters are sending fake letters that imitate the official Ledger logo, urging recipients to perform an “important […]
CoinMarketCap Warns Against Token Promotion Scams
CoinMarketCap has issued a safety alert on Twitter, indicating that it hasn’t released any tokens. The platform explicitly warned users about fraudulent information regarding token promotions and urged […]
Hayden Davis: The Persistent Crypto Fraudster Behind Multi-Million Dollar Rug Pulls
Hayden Davis, a notorious cryptocurrency scammer, continues to evade capture while launching new fraudulent memecoins that have inflicted significant losses on investors worldwide. Despite accusations and investigations, Davis […]
FBI’s Operation Level Up Tackles Surge in Crypto Scams
The FBI launched ‘Operation Level Up’ in 2024 to combat the increasing number of cryptocurrency scams across the United States. This operation has successfully prevented $285 million in […]
Crypto Scams Surge 66% in 2024: FBI Report Reveals Steep Losses
The FBI’s Internet Crime Complaint Center (IC3) reports a concerning surge in crypto scams in the US, with losses skyrocketing 66% to $9.3 billion in 2024 alone compared […]
FBI Report Highlights Surge in Cryptocurrency Scams, Reaching Over $9 Billion in Losses
The FBI Report on Cryptocurrency Scams in 2024: Details
FBI: $9.3 Billion Crypto Fraud Hits Americans in 2024
The FBI reported a significant increase in cryptocurrency scams during 2024, with losses surging by 66%. Elderly Americans were particularly affected, losing nearly $3 billion to these fraudulent […]
Crypto Influencer Targeted by Sophisticated Scammers Using AI
Influencer Scott Melker reveals he is facing a sophisticated scam orchestrated by Nigerian criminals who impersonated him to defraud clients of $4 million. The scammers used an array […]
Elderly Americans Face Major Losses in 2024 Crypto Scams
A new report from the FBI reveals that elderly Americans lost a staggering $4.8 billion to cryptocurrency scams in 2024. The agency’s Criminal Investigative Division is actively combating […]
CZ Targeted in Major Crypto Scam Using AI-Powered Memecoin
A recent incident involving AI chatbot Grok highlights the growing vulnerability of the cryptocurrency market to sophisticated scams. When an AI accidentally revealed the name of a memecoin, […]
SCMP Reports to Police Over Copycat Website Promising Fake Cryptocurrency Investments
The South China Morning Post (SCMP) has filed a police report concerning the emergence of a copycat website promoting fake cryptocurrency investments. According to SCMP, this fraudulent website […]
Rug Pull Losses Skyrocket 6,500% in 2025: Cryptocurrency Scams Surge
Cryptocurrency scam losses reached nearly $6 billion in 2025, a staggering increase of 6,500% compared to previous years. Experts warn that despite declining frequency, the financial impact from […]
Rug Pulls: A Growing Threat Despite Less Frequent Occurrence
CoinMarketCap’s intraday gainers list highlights several projects, including Bittensor, Artificial Superintelligence Alliance, Pancakeswap, Four, Immutable, The Sandbox, and Algorand. This shows continued interest and growth within these sectors […]
Malta Regulator Warns of Cryptocurrency Trading Scam
The Malta Financial Services Authority (MFSA) has issued a public alert regarding fraudulent activity targeting cryptocurrency traders. Scammers are forging documents mimicking the MFSA’s official branding to extort […]
Dogecoin Developers Warn Against Scams Mimicking the Meme Coin
Dogecoin’s price is surging, fueled by recent advancements like a new ETP and potential SEC approval for a spot ETF. However, the meme coin has also become a […]