Crypto Scam
Canada Leads $25M Crypto Scam Takedown with Chainalysis Help
Operation Spincaster froze $25M in stolen cryptocurrency tied to phishing scams. Chainalysis helped identify $1.2M in overlooked assets in a blacklisted wallet. Over 1,100 scam…
Pig Butchering Scams: India and Tech Giants Take a Stand
India collaborates with Google and Meta to combat the growing threat of crypto scams. "Pig butchering" scams have resulted in over $3.6 billion in losses…
Crypto Theft in Scottsdale: Fake Uber Driver Steals $300K
Nuruhussein Hussein is accused of posing as an Uber driver to steal over $200,000 in cryptocurrency from victims. The scheme involved accessing victims' phones under…
South Korean Court Upholds Hancom Crypto Scandal Verdict
Court denies Hancom Group chairman’s son’s crypto fraud case appeal. The court sentenced the chairman’s son to three years in prison. The suspect allegedly created…
Radiant Capital Hit by $50M Cyberattack: North Korea Group Linked
Radiant Capital suffered a $50M loss in a cyberattack attributed to the DPRK-linked UNC4736 group. Attackers used sophisticated malware and social engineering to bypass security…
Taiwan Introduces Tough AML Rules: Crypto Firms Must Register Locally
Taiwan enforces AML rules for VASPs, mandating strict registration by November 30. New AML measures aim to curb illicit crypto activities and enhance market transparency.…
Binance Caught in FTX Crossfire: US Department of Justice to Seize $16 Million in Crypto
The DOJ is initiating a civil forfeiture procedure against Binance. Former FTX CEO deposited about $16 million on the Binance exchange. The deposited funds were…
3AC Founder’s Wife Sells $38.5 Million Singapore Mansion Despite Asset Freeze
3AC founder’s wife recently sold a mansion in Singapore for $38.5 million. 3AC was once one of the world’s largest crypto-native hedge funds. Evelyn sold…
Sony’s Soneium Blockchain Project Hit by Google Ad Phishing Scam
Google ad redirects visitors to a fake Soneium website, pointed out Scam Sniffer. The fake website acted as a wallet drainer for those who connected…
FBI Sting Operation Exposes Crypto Wash Trading Scheme
FBI’s NexFundAI helped the agency nab market manipulators in crypto. Kaiko reported a symmetry in buying and selling volume of the token. The scammers engaged…
