Crypto Scam
Mayor NYC Eric Adams Faces Scrutiny Over Alleged $NYC Memecoin Liquidity Pull
Former New York City Mayor Eric Adams is facing scrutiny from the crypto community after social media posts alleged that he removed liquidity from a newly launched memecoin, $NYC, minutes...
Alleged Scam Kingpin Chen Zhi Sent to China After Cambodia Arrest
Two days ago, it was reported that Chen Zhi, accused of running one of the world’s biggest online scam networks, was arrested in Cambodia and sent back to China. This...
Dubai Court Jails Woman Over Dh4.3 Million Crypto Wallet Swap Scam
A Dubai court has sentenced a woman to jail and ordered her deportation after finding her guilty of stealing cryptocurrency worth about $1 million by secretly swapping a hardware wallet...
ED Recovers ₹3 Crore Assets in Haryana Crypto Fraud Probe
India’s Enforcement Directorate (ED) has recovered cash, frozen bank accounts, and identified high-value properties following search operations linked to an alleged cryptocurrency investment fraud operating across parts of Haryana and...
December Crypto Losses Fall Despite High-Impact Security Incidents
Cryptocurrency-related losses declined in December 2025, despite several high-value security incidents being reported. According to blockchain security firm PeckShield, total losses from 26 major crypto exploits reached approximately $76 million...
Brooklyn Man Indicted in $16M Coinbase Phishing Scheme Targeting 100 Users
A 23-year-old Brooklyn man has been charged with orchestrating a massive crypto phishing and social engineering scheme that defrauded nearly 100 Coinbase users across the United States of almost $16...
Jump Trading Hit With $4B Lawsuit Linked to Terraform Collapse
The court-appointed bankruptcy administrator handling the shutdown of Terraform Labs has filed a lawsuit against trading firm Jump Trading, accusing it of playing a role in the downfall of the...
Billions Lost to Crypto Scams Push U.S. Senators to Act
Two U.S. senators from opposite parties have introduced a new bill directed at protecting Americans from cryptocurrency scams. Senator Elissa Slotkin, a Democrat from Michigan, and Senator Jerry Moran, a...
Crypto, Conflict, and Corruption: Inside Central African Republic’s Digital Gamble
The Central African Republic once promised the world a bold leap into the future of money. Under President Faustin-Archange Touadéra, cryptocurrency was presented as a shortcut to modernization, foreign investment,...
Hollywood Director Convicted of $11 Million Netflix Fraud, Spent Cash on Crypto and Rolls-Royces
Carl Erik Rinsch, Hollywood director best known for the 2013 Keanu Reeves flop, 47 Ronin, has been convicted by a federal jury in Manhattan of defrauding Netflix out of $11...
Samourai Wallet CEO Speaks Out Before Reporting to Prison for Money-Transmission Case
Samourai Wallet CEO Keonne Rodriguez warned that U.S. enforcement actions may reshape how Bitcoin privacy tools are treated under federal law. He spoke about his case in a Coin Stories...
Do Kwon Handed 15-Year Sentence: Terra Tokens Crash 20% upon Verdict
Do Kwon, the architect of the $40 billion Terra-Luna collapse that precipitated the 2022 crypto winter, has been sentenced to 15 years in federal prison. The sentence, handed down on...
DOJ Secures 9th Conviction in $263M Crypto Heist: Money Launderer Pleads Guilty to RICO
The United States Department of Justice (DoJ) has nailed another member of the social engineering scam that stole $263 million in the past few years. According to U.S. Attorney Jeanine...
Crypto Scam Horror: How a San Jose Widow Was Duped Out of $1 Million
A widow in San Jose who believed she had found a partner online, instead became the victim of a massive crypto scam, losing almost $1 million. The case, reported by...
US Prosecutors Push for 12-Year Sentence as Do Kwon’s Terra Case Nears Final Judgment
Federal prosecutors have asked a New York judge to impose a 12-year prison sentence on Terraform Labs co-founder Do-hyung Kwon, arguing that the collapse of TerraUSD amounted to a “colossal...
Inside 2025’s Crypto Pre-Sale Scams And The Red Flags Buyers Miss
The digital asset economy is facing an unprecedented crisis of trust. In the first half of 2025 alone, malicious actors siphoned more than $2.17 billion from the ecosystem, putting 2025...
US Justice Department Seizes Domain Linked to Burmese ‘Pig Butchering’ Ring
The Justice Department has taken down a web domain used to defraud crypto investors. On Tuesday, the Justice Department announced the takeover of tickmilleas, and has obtained its control together...
Interpol Declares Global Emergency Over Transnational Crypto Scam Networks
The International Criminal Police Organization (Interpol) has formally elevated “Transnational Scam Centres” to the status of a priority global security threat. In a resolution adopted at the 93rd General Assembly...
Chen Zhi’s Rise and Fall: How a Fujian-Born Tycoon Became the Center of a $15 Billion Global Fraud Case
Chen Zhi, a Fujian-born Cambodian businessman, is now at the center of an international investigation that ties him to one of the largest financial fraud operations uncovered in recent years....
UK Fraud Office Probes Basis Markets Collapse After $28M Fundraising
The UK’s Serious Fraud Office (SFO) has opened an investigation into the collapse of Basis Markets, a cryptocurrency project that raised $28 million before abruptly shutting down. This call for...
New Report Links President Milei to LIBRA Crypto Fraud: Here’s What Investigators Found
A congressional investigative commission released a 200-page report on Argentine President Javier Milei’s alleged involvement in the now-infamous LIBRA crypto scandal. The document was published after three months of inquiry...
US Court Sentences Samourai Founders to Five and Four Years in Prison
United States Attorney Nicolas Roos has announced the sentencing of Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet. According to the announcement, both Rodriguez and Hill participated in...
Malaysia Suffers Over $1 Billion in Losses From Illegal Bitcoin Mining Power Theft
Malaysia has suffered a massive financial loss due to illegal cryptocurrency mining. The national utility company, Tenaga Nasional Berhad (TNB), recorded over $1.1 billion in losses from electricity theft. These...
Another Suspect Pleads Guilty in the Long-Running RICO Conspiracy Crypto Theft Scheme
Kunal Mehta, a 45-year-old individual from Irvine, California, has become the eighth suspect to plead guilty in the ongoing case of a multi-state conspiracy that used social engineering to steal...
