Crypto Scam
Binance Helps Indian Authorities Crack $47M Crypto Gaming Scam
India’s ED and Binance’s FIU probed into the Fiewin gaming app’s $47 million investor fund fraud. The Enforcement Directorate arrested four individuals linked to Fiewin’s…
Germany Shuts Down 47 Illegal Crypto Exchanges, Seizes Millions
German authorities shut down 47 illegal crypto exchanges, combating money laundering. Crackdown on cybercrime continues with millions seized from illicit platforms. Commerzbank enters regulated crypto…
China Cracks Down on Crypto Pyramid Scheme, Victims Reimbursed
Over 10,000 people were lured into the virtual currency pyramid scheme. Chen and his accomplices returned 22.59 million yuan in illegal gains. They were sentenced…
WazirX Hackers Are Still at It – Another $12M Vanishes into Tornado Cash
Hackers move 5,000 ETH ($12M) through Tornado Cash, complicating asset recovery. WazirX offers a $23.4M reward for tracking down stolen $230M in crypto. Breach raises…
Bithumb Documents Implicate Ex-CEO Lee in Crypto Listing Scandal
Internal Bithumb documents implicate former CEO Lee Sang-joon in crypto listing decisions. Lee denies involvement, but records suggest he may have influenced listings of DOGE…
Crypto Scams Cost Americans $5.6 Billion in 2023: FBI Report
The FBI reports that the US citizens lost about $5.6 billion in crypto frauds in 2023, up 45% from 2022. The report identified that the…
Crypto Security Report: August Losses Down, but 2024 Total Surpasses $1.2 Billion
Crypto losses in 2024 hit $1.2B, up 15.5%, despite August's 95% drop in thefts. Ethereum and BNB Chain targeted, with BNB Chain suffering $1.64B in…
Binance’s Tech Helps Hong Kong Police Bust Kidnapping Ring
Binance received a letter of appreciation from the Hong Kong Police for its role in identifying suspects in a recent kidnapping case. Carlos Mak, from…
MetaMask Tackles Crypto Scams with Wallet Guard Integration
MetaMask acquires Wallet Guard to bolster security amid rising crypto scams. The integration aims to enhance protection for MetaMask users across the entire user lifecycle.…
South Korea Cracks Down on Corruption in Crypto Enforcement
Seoul probes police officer for crypto bribery, signaling potential corruption in asset cases. Jurisdiction bypass hints at severe implications for officer in virtual asset bribery…
