Crypto Scam

The U.S. government has agreed to extradite convicted Russian crypto-laundering suspect Alexander Vinnik in a prisoner exchange with Russia, securing the release of Marc Fogel, an American teacher detained in...

Ben Armstrong, better known as BitBoy, has gone public with serious accusations against former business associates, claiming they engaged in extortion, fraud, and organized crime. This messy situation, fueled by...

Thai authorities, in collaboration with Chinese police, have frozen cryptocurrency assets worth $2.5 million (around 84 million Thai baht) connected to two Chinese nationals. According to Khaosod English, Thai police...

Former Malaysian Prime Minister Mahathir Mohamad’s X account was compromised, with hackers using the platform to promote a fraudulent cryptocurrency named “$MALAYSIA” on the Solana blockchain.  The attack, which follows...

Failed cryptocurrency exchange FTX says it will pay back some creditors from the Bahamas on February 18, 2025. This repayment is aimed at customers with claims under $50,000 and will...

Pump.fun, the memecoin platform, is now at the center of a legal dispute in the United States. A class action lawsuit was filed in the Southern District of New York....

Chainalysis teamed up with the Delta Police Department in Canada for a groundbreaking operation. Code-named “Spincaster,” this initiative took down a sophisticated crypto scam network. The operation froze over $25...

India has ramped up its fight against the rising tide of crypto-related scams, particularly the notorious “pig butchering” schemes, by collaborating with tech giants Google and Meta. According to the...

A man posing as an Uber driver in Scottsdale, Arizona, has been arrested after allegedly stealing $300,000 in crypto assets from two unsuspecting passengers. The suspect, Nuruhussein Hussein, faces multiple...

A South Korean court denied the appeal of the Hancom Group chairman’s son, upholding his prison sentence for creating slush funds using crypto. Specifically, the court had sentenced Kim’s son...

Radiant Capital has confirmed new findings surrounding the devastating $50 million cyberattack it suffered on October 16, 2024. An investigation by cybersecurity firm Mandiant identified the attackers as UNC4736, a...

Taiwan has implemented stringent anti-money laundering (AML) regulations for virtual asset service providers (VASPs), effective November 30, 2024. This change builds on Article 6 of the Money Laundering Prevention Law,...

The FTX bankruptcy case took a new turn, with the US Department of Justice (DOJ) initiating a civil forfeiture procedure against Binance exchange. According to reports, the DOJ aims to...

The wife of the defunct Three Arrows Capital (3AC) founder, Zhu Su, has reportedly sold a mansion in Singapore for S$51 million (US$38.5 million). This sale occurred despite a court...

A Google ad for Sony’s new blockchain project, Soneium, has been exposed as a scam by Scam Sniffer, a leading Web3 anti-scam platform. Scam Sniffer gained prominence by exposing a...

An FBI sting operation called Operation Token Mirrors used a fake crypto project, NexFundAI, to expose wash trading by three market makers: ZM Quant, CLS Global, and MyTrade. Blockchain research...

The Binance crypto exchange teamed up with Delhi Police in the capital region of India, to shut down a complex fraud operation run by “M/s Goldcoat Solar,” which falsely claimed...

US prosecutors have recommended a five-year prison sentence for Ilya Lichtenstein, who pleaded guilty to a money-laundering conspiracy related to the $6 billion Bitfinex hack. They believe Lichtenstein reflects a...

Alice Guo, a former Philippine mayor, is facing allegations of involvement with the defunct Atom Asset Exchange (AAX) and other potentially illicit activities. A report from Rappler connects Guo’s business...

Cybercriminals have adapted to trending topics, rebranding their fraudulent schemes under popular names like “ChatGPT.” Earlier this year, SlowMist’s founder Cos warned users on X about arbitrage MEV bot 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 of new users to exploit...

Blockchain analysis platform Santiment forecasts a short-term dip in digital assets. This prediction comes as the crypto community reacts to the news of GOTBIT Consulting LLC and its CEO, Aleksei...

ZachXBT, quite a popular crypto detective on X, has called out crypto analyst and influencer Rekt Fencer for promoting fake meme coin projects, duping investors.  In an X post, ZachXBT...

Software company Hancom Group Chairman Kim Sang-cheol is under investigation for allegedly amassing illicit funds worth tens of billions of Korean won using Arowana (ARW) tokens. South Korean prosecutors are...

North Korea is secretly infiltrating the cryptocurrency sector by disguising its citizens as IT workers and using other deceptive tactics to channel funds into the regime’s military programs. The finding...