Crypto Scam
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…
Binance Helps Delhi Police Bust Crypto Scam in India
Binance and Delhi Police collaborate to shut down the fraudulent "M/s Goldcoat Solar" scheme. Scammers misled investors by falsely claiming ties to India’s renewable energy…
Bitfinex Hacker Faces 5 Years, Prosecutors Seek to Deter Crypto Crime
US prosecutors urge the court for a five-year prison for Ilya Lichtenstein, the mastermind of the $6B Bitfinex hack. Lichtenstein represents a troubling pattern among…
Philippine Ex-Mayor Embroiled in AAX Crypto Exchange Scandal
Former Philippine mayor has alleged ties to defunct crypto exchange AAX, which defrauded $30M in customer funds. Alice Guo’s business partners are linked to transnational…
Cybercriminals Exploit ChatGPT’s Name in New Ethereum Scam: MEV Bot Fraud Unveiled
Scammers are using AI labels to deceive users into deploying fake MEV arbitrage bots. Over 30 ETH has been stolen since August, impacting more than…
Staying Safe on Solana: A Guide to Avoiding Crypto Scams
Many blockchain and cryptocurrency users are interested in Solana’s growth. But while reputable developers are building on the scalability-focused blockchain, crypto scammers are taking advantage…
GOTBIT’s Market Manipulation Charges Cast Shadow Over Crypto Markets
GOTBIT Consulting LLC and its CEO have been charged with market manipulation. The company and its execs are accused of wash trading between 2017 and…
