Crypto Scam
Indian ED Arrests Crypto Scammer in $148M Extortion Case
The Indian ED arrests Babulal Bhatt for involvement in a $148M crypto scheme. Bhatt extorted 2,091 Bitcoins, 11,000 LiteCoins, and Rs 14.50 crore in cash…
Investigation Uncovers $30M Crypto Fraud Tied to Celebrity Promotions
Dubai-based Sahil Arora accused of manipulating celebrity-backed crypto tokens. Arora allegedly made $30 million by dumping tokens after celebrity promotions. Legal gray areas and celebrity…
FBI Warns of Rising Crypto Exchange Impersonation Scams
FBI warns of scammers impersonating cryptocurrency exchange employees. Scammers use urgent messages to trick victims into revealing account information. Report cryptocurrency scams and fake job…
South Korea Cracks Down on Crypto Crime, New Unit to Tackle Lazarus Group Threat
New crypto-crime task force in South Korea set for launch next spring. North Korea’s Lazarus Group implicated in $150,000 crypto laundering. Virtual Asset User Protection…
Rho Markets Recovers $7.6 Million in Stolen Funds, Exploiter Demands ‘Misconfiguration’ Tag
Rho Markets saw a $7.6M exploit due to an Oracle access control vulnerability. The exploiter offered to return the funds only if the team admits…
BitForex Reopening: Withdrawals Resume, KYC Required
BitForex went offline due to police detention, causing a $57 million outflow and restricting user access and withdrawals. BitForex will suspend trading and halt new…
Crypto Crime and Punishment: Lessons from the Blord Arrest in Nigeria
Nigerian authorities detain Linus Williams ('Blord') for alleged cryptocurrency fraud and terrorism funding links. Williams faces accusations involving unauthorized crypto platforms and non-compliance. The arrest…
Taiwan Tightens Crypto Regulations: VASPs Face AML Compliance
Legislative Yuan passed amendments in the country’s AML law to include crypto. The exchanges in the region will now have to implement an AML system.…
North Korean Cybercrime: Lazarus Group Launders Millions Through Cambodian Firm
North Korean hackers laundered $150,000 in stolen crypto through Cambodian firm Huione Pay. Lazarus' group used phishing attacks to steal from Atomic Wallet, CoinsPaid, and…
ZachXBT Uncovers New Evidence in $305 Million DMM Bitcoin Hack Investigation
ZachXBT links $305M DMM Bitcoin hack to Lazarus Group. Over $35M funneled through Huione Guarantee. Tether blacklists wallet with $29.6M USDT. Blockchain sleuth ZachXBT has…
