Crypto Scam

The police in Hong Kong have arrested 458 people from 314 cases involving money laundering of almost $60 million. According to reports, about $15 million of the total amount was...

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 suffered 12 scams in seven...

The Singapore Police arrested 10 foreign nationals between 31 and 44 years of age, suspected of laundering money. According to the statement, the authorities also confiscated almost $735 million worth...

South Korea has taken a decisive step to combat the escalating wave of crypto crimes by launching an interagency investigation unit called the Joint Investigation Centre for Crypto Crimes. According...

Hong Kong authorities are pursuing a group of fraudsters involved in a cryptocurrency scam that resulted in an accountant losing HK$1 million (US$127,750). The incident occurred at a shop located...

An anonymous attacker seized control of the Tornado Cash protocol, by exploiting a malicious proposal. Reportedly, he stole more than $1 million from the DAO’s funds. The attacker has proposed...

Crypto Twitter claims FUD over Unciphered’s video hacking into a Trezor T. Unciphered claims that they hacked into the Trezor T with Trezor’s latest firmware. This news comes shortly after...

There is a surge in the number of rug pull involving meme tokens in the cryptocurrency industry. According to PeckShield, a blockchain security company, it has detected about 24 scam...

Jorge Perez, a Banking Commissioner in the United States, has delivered justice to four consumers who fell prey to a scam by securing a settlement of $86,000 from Bitcoin of...

Crypto crime has become a major concern to regulatory authorities. There have been sharp increases in crypto crime, especially hacks related to fraud, in recent years as Web3 becomes an...

The crypto community is up against Ben Armstrong, a famous crypto influencer known as Bitboy Crypto, over his recent announcement about joining the project team of the newly launched meme...

A crypto investor in Vietnam recruited a gang to kidnap and rob another individual. The investor claimed the individual had tricked him out of his Bitcoin investment. Two local police...

Decentralized financial payment network XEX Crypto just issued a warning to its users regarding a potential scam that has affected their Discord channel. The company advised all users not to...

Various bank and payment gateway accounts associated with companies engaged in the HPZ Token fraud, a cryptocurrency scam with connections to money laundering, have had Rs 91.6 crore (916 million)...

Decentralized finance protocol Yearn Finance fell victim to an exploit earlier today that saw the hacker make away with millions of dollars worth of crypto assets. Data gathered by blockchain...

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...