Crypto Scam

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...

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...

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...

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...

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...

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...

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...

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,...

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 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, 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...

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...

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...

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...

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...

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...

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, 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....

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...

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...

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 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...

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...

Federal prosecutors said Detroit resident Jibreel Pratt, 26, has been sentenced to nine years in federal prison after he admitted concealing Bitcoin transfers he believed would support the Islamic State...