Crypto Scam
The Crypto Scam That Landed Two Executives in Prison
Hydrogen CEO Michael Kane will serve 3 years and 9 months behind bars. Head of Engineering Shane Hampton will serve for 2 years and 11…
Deepfake Alarm: Dorsey Warns, Musk Questions Amid Crypto Scam
Jack Dorsey warns deepfakes will make it hard to distinguish real news from fake. Elon Musk questioned whether the online community has not already reached…
50 Cent’s X Hacked in Latest Crypto Pump-and-Dump Scheme
Hackers used 50 Cent’s X account to promote a Solana-based fake memecoin. 50 Cent dissociated himself from GUNIT via an Instagram announcement. GUNIT surged 8,000%…
London’s Kroo Bank Halts Crypto Transfers, Points to Scam Risks
Kroo Bank announces ban on crypto transactions, citing increasing cases of crypto scams. From May 30, 2024, Kroo Bank will not support any cryptocurrency-related transactions.…
Deepfake Crypto Scam Targets Asia: Elon Musk Face Used!
Deepfake crypto scam uses Elon Musk image, targets Asia Deepfakes cause millions in losses. Hong Kong sees surge in fintech fraud. Hong Kong fights back…
Fraud and Money Laundering: Canadian Crypto King and Associate Charged
Aiden Pleterski and aide Colin Murphy charged with money laundering The charges followed a joint investigation by Canada’s DRPS and OSC. OSC advises the public…
Panshi Underground Bank Busted: Over 2 Billion Yuan in Transactions
Panshi police bust underground bank using virtual currency. Over 2.1 billion yuan in illegal transactions identified. Six suspects arrested for facilitating illegal currency exchange. Police…
Dutch Authorities Bust Alleged Gambling Platform Scam, Seize Millions
Dutch authorities arrest suspects in alleged $30M crypto scam on Zkasino platform The ZKasino platform is said to have promised high returns but was designed…
Crypto Detective Spots Suspicious Activities From Known Scammers
ZachXBT has alerted the crypto community of actions involving suspected serial scammers. The crypto detective identified scammers’ activities on LeaperFinance, ZebraLending, and GloriFinance. The scammers…
Q1 Report: $502M Lost in Security Attacks, $239M in Private Key Compromises
2024 Q1 experienced a total loss of $502 million in 223 onchain security hacks. Private key compromises alone resulted in a loss of $239 million,…
