Crypto Scam
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,…
Henderson Police Arrests Alleged Crypto Scammer in Las Vegas
Henderson Police arrested Robert Robb, an alleged MEV bot scammer, in Las Vegas. Robb is alleged to have scammed 11 people for over $1.2 million…
Beware! A New Crypto Scam Targets Projects Instead of Investors
It seems the Wild West of crypto just got wilder. Remember the days when scammers focused on bamboozling individual investors? Those tactics still exist, but…
Ripple CTO Boasts He’s “Too Smart” to Fall For Phishing Scams
Ripple CTO David Schwartz boasts that he does not fall for phishing scams. Schwartz’s comments came in response to an X user who had been…
Wallet Drainers Stole Over $4M From Solana Users in the Past Month
According to Scam Sniffer, wallet drainers have stolen over $4 million from Solana users in the past month. Scam Sniffer noted that over four thousand…
Malaysian Senior Lost Over RM299,000 in Meta Cryptocurrency Scheme
A 62-year-old woman in Malaysia fell victim to a fraudulent cryptocurrency investment scheme. The scam, initiated in April, involved the woman dealing with a man…
SEC Neglects Actual Scams for Bank-Regulated Assets: Ex-Paxos Exec
John Deaton claimed that the SEC would be mortally wounded by the U.S. Supreme Court. Former Paxos Executive Austin Campbell noted PYUSD's store value. PayPal's…
