Crypto Scam

Binance has issued an important security reminder for projects on September 9, warning crypto projects to be wary of scammers claiming to be listing agents or intermediaries who promise fast-track...

The US Treasury Department has imposed sanctions on 19 entities across Myanmar and Cambodia for operating large-scale cryptocurrency investment fraud networks that use forced labor to target American victims. The...

Terraform Labs co-founder Do Kwon has failed in his attempt to recover a S$19.4 million (about $14.2 million) deposit paid for a luxury penthouse in Singapore after the nation’s High...

An Indian anti-corruption court has thrown the book at 14 individuals, including senior police officials and a former legislator, sentencing them all to life in prison for a 2018 Bitcoin...

The biggest weak point hackers exploited in the first half of 2025 wasn’t the code—it was human behavior, according to CertiK co-founder Ronghui Gu. Gu made the statement during an...

Kanye West’s official entry into the crypto market with his Solana-based meme coin, YZY, saw its market valuation briefly flash above $3 billion before a dramatic decline, leaving a trail...

A sprawling international crypto scam has been dismantled by Indian authorities and U.S. law enforcement, masterminded by Chirag Tomar, a New Delhi native accused of stealing over $20 million through...

Chinese authorities have ramped up efforts to prosecute cryptocurrency-related crimes, sentencing a former tech executive to over 14 years in prison for embezzling 140 million yuan (approximately $19.5 million) from...

The cryptocurrency community went aghast after Ricky Banks, CEO of FaZe, stepped down amid the MLG scandal. The meme coin was highly promoted in early 2025 by Banks along with...

The Delhi High Court in India denied bail to Umesh Verma, a businessman accused of defrauding 61 people through a crypto investment scheme, with the judge issuing a stark warning...

Hackers stole approximately $140 million (R$ 800 million) by breaching reserve accounts of six Brazilian financial institutions through infrastructure provided by C&M Software, a technology supplier connected to the country’s...

Telegram’s attempt to dismantle the Huione Guarantee marketplace in May was seen as a decisive move against crypto-driven scams. However, the takedown has proven more symbolic than effective. Within weeks,...

In what security researchers are calling the largest data breach in history, a massive compilation of 16 billion stolen usernames and passwords has been uncovered in a series of exposed...

The U.S. Department of Justice has initiated a civil forfeiture case to seize more than $225 million in digital assets connected to a large-scale, global cryptocurrency investment fraud network. The...

Bitget, the leading cryptocurrency exchange and Web3 company, in conjunction with blockchain security firms SlowMist and Elliptic, has released a 2025 Anti-Scam Research Report highlighting the roles of deepfake technology...

On June 3, 2025, Shiba Inu community members received a warning about a phishing scam using fake Coinbase emails. The alert came from Susbarium Shibarium Trust Watch, a Shiba Inu-focused...

Leading crypto exchange Bitget has officially launched the second year of its Anti-Scam Month campaign, a global initiative to raise awareness about the escalating threat of crypto fraud.  According to...

An Ethereum wallet holder just lost nearly $2.6 million in two Tether (USDT) transactions today, May 26, after reportedly copying a fake wallet address by mistake. On-chain activity tracked by...

Global authorities just delivered a major hit to the darknet drug trade. A sprawling law enforcement crackdown, dubbed Operation RapTor, zeroed in on illicit fentanyl and opioid sales across online...

The U.S. Securities and Exchange Commission has filed a lawsuit against cryptocurrency company Unicoin and four of its senior leaders, accusing them of conducting a fraudulent investment scheme worth more...

Russian authorities arrested Vladimir Smerkis, a co-founder of the Telegram-based crypto platform Blum, on fraud charges. A Moscow court quickly approved his detention as investigations are ongoing. The case reportedly...

German law enforcement shut down the crypto swapping service eXch on April 30, seizing €34 million in assets and eight terabytes of data. According to the press release, the move...

TRON founder Justin Sun has issued an update on what he describes as a “$500 million fraud” involving misappropriated TrueUSD (TUSD) reserves.  The alleged scheme centers around a web of...

The United States Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a rule that would bar the Cambodia-based Huione Group and its affiliates from accessing the U.S. financial system. The...

The Economic and Financial Crimes Commission (EFCC) of Nigeria has declared Elie Bitar, a foreign national, wanted in connection with a massive crypto investment fraud. The scheme ran through the...