Crypto Scam
Taiwan Police Uncovers Major Crypto Scam Involving 320 Million USDT
Taiwan’s Criminal Bureau’s Electronic Investigation Team arrested four suspects in a 320 million USDT money laundering scam. Suspects allegedly often traveled to other Southeast Asian…
Report: 40 Countries to Sign Pledge to Never Pay Cybercriminal Ransoms
Forty countries in a US-led alliance plan to sign a pledge never to pay ransom to cybercriminals. The alliance will work to share information on…
Indian Gynecologist Loses $132k+ in Crypto Scam on Facebook
Indian doctor loses $132k+ in crypto scam following guidance from an online advisor. The fraud involved purchases of BTC, ETH, and USDT with unyielding demand…
Another Friend.tech User Loses Entire Portfolio to Phishing Scam
Yyctrader falls victim to a phishing scam, losing 22 ETH via Friend.tech Wallet. The stolen funds are transferred through Orbiter, a cross-chain bridge and deposited…
Friend.tech’s Security Upgrade: Defending Against SIM Swap Attacks
Friend.tech has improved its protocol's security by allowing users to add various login methods to their accounts. Friend.tech’s decision to enhance security comes in response…
CertiK: Crypto Exit Scams Reduced By 62% In September
Blockchain security firm CertiK recently reported that crypto exit scams reduced by 62% last month. The month of September accounted for the lowest exit scams…
On-Chain Detective Exposes Two Influencers’ Crypto Scams
ZachXBT exposed two crypto influencers who were responsible for multiple crypto scams. Influencers agreed to promote tokens in exchange for a percentage of the supply…
458 Persons Arrested in Hong Kong Over $60M Crypto-related Scams
Police in Hong Kong arrested 458 people from 314 cases involving money laundering. About $15 million was laundered via cash withdrawals and cryptocurrency transactions. Arrested…
Developer Steals $226.5k in Fake FriendTech Token Exit Scam: Details
A fraudulent version of the Friend Tech token was used in an exit scam. The deployer withdrew liquidity and stole 135 ETH ($226.5k). The community…
Singapore Police Make Arrests In Scams Involving Crypto, Gambling
Singapore police have arrested 10 foreign nationals for money laundering. The authorities also seized $735 million, alongside properties, vehicles, and cash. Scammers from China, Turkey,…
