Crypto Scam

A crypto ATM can send a victim’s cash into a scammer’s wallet within minutes, with little chance of reversing the payment. California’s latest enforcement action raises a central question: how...

More than S$17.4 million in potential crypto scam losses were averted after Singapore police reached people before they transferred additional funds. The result came from a two-month operation combining blockchain...

The Enforcement Directorate (ED) has filed a prosecution complaint in the HashPe cryptocurrency case and provisionally attached assets valued at about ₹14.16 crore. The agency said the assets include properties...

Anti-Muslim posts on X are being used to attract attention and build audiences before scammers introduce fraudulent investment opportunities. A report by the Center for the Study of Organized Hate...

Crypto holders are being targeted by scammers posing as police officers and Ledger support staff. The callers claim that victims’ personal or wallet information surfaced during a criminal investigation and...

The Indian Enforcement Directorate opened a money laundering case against Essel Group chairman Subhash Chandra after LIC Housing Finance reported losses of ₹1,322 crore. Registered under the Prevention of Money...

Indian law enforcement agencies have uncovered three major financial fraud networks, including a probe into a crypto racket worth NPR37.64 crore, a ₹90.2 lakh Facebook scam, and a ₹3.93 crore...

Six men face federal charges over an alleged cryptocurrency romance scam that led Americans from dating websites to fraudulent NFT investment platforms. The U.S. Department of Justice announced the charges,...

Brooklyn prosecutors have disrupted a multinational crypto investment scam that targeted Russian-speaking Americans, seizing or disabling 241 fraudulent domains and 112 servers linked to the operation. Brooklyn District Attorney Eric...

Brooklyn prosecutors and the FBI have shut down 241 websites linked to cryptocurrency scams that stole tens of millions of dollars from Americans. The operation followed a three-year investigation into...

The creator of Kishu Inu has been charged in federal court in Chicago on allegations that he misled cryptocurrency investors while secretly selling tokens allocated to himself and others. Prosecutors...

The Alberta Securities Commission’s (ASC) CheckFirst guidance highlights key crypto scam warnings before investors transfer funds.  The regulator’s fraud-prevention page outlines 31 investment warning signs, including fake platforms, relationship fraud,...

The U.S. Commodity Futures Trading Commission won a $31.5 million default judgment against two Fundsz board members over an alleged digital asset fraud scheme. A Florida federal court ordered Brian...

The U.S. Securities and Exchange Commission charged four entities over two alleged crypto and artificial-intelligence investment scams that raised more than $15 million from investors. The SEC filed the cases...

Myanmar scam compounds are major hubs of organized cybercrime, involving online fraud networks and human trafficking. They are primarily located in border areas such as the vicinity of Myawaddy and...

The UK’s Financial Conduct Authority (FCA) has secured confiscation orders worth more than £850,000 to compensate victims of a cryptocurrency investment fraud that caused losses of about £1.5 million.  The...

Dutch police have arrested two men in the Netherlands over an alleged crypto scam in which Rolex sellers were tricked into giving up their watches after being shown what looked...

The Allahabad High Court denied relief to people arrested in an alleged cyber-fraud operation involving fake official calls, cryptocurrency wallets, and QR codes. In Karolyn v. State of U.P., decided...

A crypto trader was tricked into transferring about $2.1 million in USDT after scammers used a compromised Telegram account to impersonate his business partner. On-chain investigator VAL detailed the case...

Indian Central Bureau of Investigation (CBI) has launched a nationwide crackdown under Operation Chakra-VI. The operation is focused on transnational cybercrime networks involved in “digital arrest” scams that have defrauded...

Crypto scam-related activity worth $12.7 billion was flagged in 33,904 Bank Secrecy Act reports filed by financial institutions, according to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The agency...

The US and UK are moving to disrupt scam centers as crypto fraud drains billions from victims. The alliance targets networks involved in fraud, money laundering and human trafficking. The...

A crypto user reportedly lost about $2.1 million in FXRP after receiving a phishing link through ChatGPT. Blockchain investigator VAL reported the incident on X Thursday, saying the victim lost...

Cyber specialists from the National Police of Ukraine have shut down a network of fake investment platforms that have orchestrated cryptocurrency theft across more than 20 countries. In an official...

Crypto scams are becoming more common in Apopka, according to the Apopka Police Department (APD). Police say scams involving Bitcoin and other digital currencies have increased in recent months and...