Crypto Scam

In an alarming news, a 20-year-old cryptocurrency investor who was allegedly defrauding investors out of $29 million was kidnapped, tortured, and held hostage for a ransom. An online crypto news...

Igor Igamberdiev, head of research at the well-known market maker Wintermute, recently detailed how a fraudster tried to carry out a governance attack on Swerve Finance, a decentralized finance (DeFi)...

A new report by blockchain analytics firm Chainalysis revealed the impact of last year’s crypto winter on crypto scams and their revenues. As per the report, the revenue from crypto...

Corporate Cyber Securities Solutions platform WhiteSecure has identified a USDT scam trend on YouTube. WhiteSecur’s discovered cases are in their thousands and suggest a growing pattern that could escalate if...

The blockchain security platform, Blocksec, destined to provide reliable security services through its cutting-edge research, spotted and informed the crypto aspirants about “some suspicious behaviors” on Binance Smart Chain (BSC)....

Stephen “Coffeezilla,” a YouTuber and self-proclaimed internet detective, reportedly exposed Dillon Danis on Twitter by duping him into endorsing a fake NFT project. The website that Dillon promoted was a...

Popular on-chain detective ZachXBT announced on Twitter recently that his efforts to track and investigate Chase Senecal, a well known online phishing scammer had led to his assets being seized...

The exploiter responsible for the $120 million attack on BonqDAO has started routing the stolen funds through mixing and swapping services. The Bonq protocol lost millions yesterday following an oracle...

Dutch national Wybo Wiersma was arrested for stealing from over 100 people worldwide in a crypto fraud of £2 million. He is sentenced to jail for four and half years....

Amidst rising crypto hacks and scandals, crypto exchange KuCoin published an anti-fraud verification guide on how to properly apply for listing on the platform. The article leads users through the...

The Federal Bureau of Investigation (FBI) declared that the two hacker groups related to the Democratic People’s Republic of Korea (DPRK) — Lazarus Group and APT38 — have been responsible...

Some people have exploited OpenSea’s ape policy to sell the Bored Ape Yacht Club (BAYC) NFTS to collectors. Franklin, the sixth largest BAYC holder, tweeted yesterday, complaining that the ugly...

Former FTX US president, Brett Harrison has debunked rumors linking him with the alleged fraud executed by Sam Bankman-Fried (SBF) and his team at FTX. According to Harrison, the scheme...

With many CEOs of fallen exchanges still at large, the crypto community has noticed activity from all of those so-called “bad actors.” A Twitter crypto analyst, who goes by the...

Adding up to the crypto theft incidents, Bitcoin OG and core developer Luke Dashj tweeted that many of his bitcoins were stolen, on December 30. Dashj claimed on the last...

A recent Kaspersky Labs report claims that the North Korean hacking group “BlueNoroff” stole millions of dollars by creating over seventy bogus domain names and passing them off as banks...

Customers of FTX sued the exchange and its former founder Sam Bankman-Fried in a class action. The crypto exchange failed to return the crypto on it, which belongs to the...

The blockchain risk monitoring firm Solidus Labs has released the 2022 Rug Pull report which reveals that an average of 350 crypto scam tokens were developed per day, to defraud...

Kaspersky, a cybersecurity firm, warns against scams amid Qatar World Cup 2022. The cyber security firm found that phishing sites employ tactics to extract user data. Scammers bet on matches...

Hackers got hold of Valorat Esports YouTube channel. Scammers were streaming a crypto scam with Elon Musk’s face on it. The YouTube channel with over 597k subscribers has been renamed...

Singapore police received 631 reports of crypto scams in 2021. Amount of money lost has risen from S$4.5 million in 2019 to $24.9 million in 2021. The Singapore Police Force...