The cryptocurrency sector remains susceptible to fraud, causing financial hardships for individuals impacted by recent scams. A recent court filing underscores the urgent need for vigilance, particularly among […]
Spain Dismantles Massive AI-Driven Crypto Scam Operation, Arresting Six Suspects
Spanish authorities have dismantled a sophisticated criminal network responsible for defrauding over $20 million from 208 victims via an elaborate AI-powered investment scam. The operation involved using deepfake […]
ASIC Targets 95 Crypto Scam Firms in Australia’s Crackdown
Australia’s ASIC has taken action against 95 companies suspected of running cryptocurrency investment and romance scams, commonly known as ‘pig butchering.’ These firms were recently shut down by […]
ZKasino Scammer Loses $27.1 Million After ETH Position Liquidation
A scammer linked to the illicit gambling platform ZKasino, which stole over $30 million from its users in 2024, suffered a significant loss after liquidating their long ETH […]
Facebook Marketplace Scam Targets Nigerians with Fake Customs Auctions
A concerning scam targeting Nigerians on Facebook Marketplace is using fake customs auction schemes to defraud unsuspecting buyers. Fraudsters pose as officers from the Nigeria Customs Service (NCS), […]
Bitcoin ATM Scams Rise in North Dakota, AARP Calls for Regulation
North Dakota is experiencing a surge in Bitcoin ATM scams, with residents receiving suspicious phone calls demanding payments to avoid arrest warrants. These fraudulent calls often target Stanley […]
83% of Crypto Traders Targeted by Malicious Actors: Study Reveals Major Losses
The study highlights that phishing attacks account for 19% of total losses, with exchange hacks contributing another $27 billion in overall losses. Centralized exchanges appear to be the […]
Crypto Scams and Hacks See Significant Decrease in March
Despite a surge of losses in February driven by the Bybit hack, crypto scam and exploit losses significantly decreased in March. According to blockchain security firm CertiK, losses […]
Crypto Scams and Exploits See Significant Decline in March
Following a significant spike in losses to scams and exploits in February, crypto theft decreased significantly in March. Losses reached just $28.8 million, according to blockchain security firm […]
Pi Network Responds to Bybit CEO’s Allegations, Reiterates Project Integrity
Pi Network has issued a formal response to allegations raised by Bybit CEO Ben Zhou regarding the project’s legitimacy. This comes after Zhou publicly voiced concerns about Pi […]