Crypto Scam

Nigerian authorities have arrested Linus Williams, also known as “Blord,” amid allegations of crypto-related fraud and terrorism financing. Williams, who claims to be a crypto asset billionaire, faces accusations centered...

Taiwan’s highest legislative body, the Legislative Yuan, has officially passed a law amending the country’s Anti-Money Laundering (AML) legislation to include digital assets. The law now requires virtual asset service...

New evidence suggests North Korea’s Lazarus Group laundered over $150,000 in stolen cryptocurrency through Huione Pay, a Cambodian payments firm, highlighting the group’s sophisticated tactics and the challenges of combating...

Blockchain sleuth ZachXBT has uncovered new evidence linking North Korea’s Lazarus Group to the $305 million DMM Bitcoin hack, revealing how the hackers laundered over $35 million of the stolen...

A recent Chainalysis report highlights the increasing use of on-chain money transfers by traditional money launderers. Kim Grauer, the Head of Research at Chainalysis, identified the “large-scale money laundering infrastructure”...

Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about seven entities suspected of crypto fraud, underscoring the risks facing investors in the city’s rapidly growing digital asset...

Blockchain security firm CertiK reported a surge of phishing scams in June, with over 10 incidents resulting in investor losses exceeding $1 million. This marks the fourth month this year...

Cyber, a new Ethereum scaling solution, has become the target of a phishing scam involving a fake airdrop announcement. Cyber, the first restaked Ethereum Layer 2 designed for social and...

Philadelphia residents Shane Hampton and Florida-based Michael Kane have been sentenced for manipulating the price of Hydrogen Technology’s native cryptocurrency, HYDRO. The two were accused of orchestrating a scheme to...

Jack Dorsey, former Twitter CEO, has issued a stark warning about the rising peril of deepfakes, predicting a future where distinguishing reality from online fabrications becomes increasingly difficult. Driving home...

Hackers seized control of 50 Cent’s X account last Friday and used it to promote a pump-and-dump scheme involving the Solana-based memecoin GUNIT. A series of promotional posts for the...

Kroo Bank, a London-based challenger bank, has banned its clients from engaging in crypto transactions, citing the growing scams and hacks. The bank stated that cryptocurrencies are “increasingly being used...

Hong Kong authorities are on alert following a recent deepfake scam targeting cryptocurrency investors. The scam, which leveraged the image of Tesla CEO Elon Musk to promote a fictitious trading...

Canadian authorities have charged Aiden Pleterski, a self-proclaimed “Crypto King” residing in Whitby, Ontario, and his associate, Colin Murphy of Oshawa, Ontario, with fraud and money laundering offenses. The charges...

Police in Panshi City of the Jilin Province have successfully cracked down on a large-scale underground bank operation involving virtual currency, with the total transaction amount exceeding 2.14 billion yuan...

Dutch authorities, the Fiscal Information and Investigation Service (FIOD) has cracked down on a large-scale online gambling platform scam on April 29th, 2024. They arrested a 26-year-old man suspected of...

ZachXBT, a self-designated 2D detective in the cryptocurrency industry, has alerted the crypto community of recent actions involving a suspected set of serial scammers. In a series of posts over...

In the ever-evolving crypto and blockchain sectors, security hacks and exploits remain a major threat. Recently, blockchain security firm CertiK released its quarterly “Hack3d” security report, revealing a substantial loss...

The acclaimed crypto detective on X, ZachXBT, has posted about the arrest of Robert Robb, an alleged crypto extortionist, by the Henderson Police in Las Vegas. Although the actual reason...

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 savvy scammers recently found an...

Ripple CTO David Schwartz recently boasted in an X post that he doesn’t fall victim to phishing scams. Scams have become ubiquitous on social media and increasingly sophisticated, but Schwartz...

According to Scam Sniffer, a Web3 anti-scam platform, sophisticated Solana wallet drainers have stolen over $4 million from Solana users in the past month. In a thread on X (formerly...

A 62-year-old woman from Malaysia has become the latest victim of a fraudulent cryptocurrency investment scheme that was advertised on the social media platform Meta (formerly known as Facebook). The...

Pro-XRP lawyer John Deaton recently expressed his opinion on the inevitable wounds that the U.S. Securities and Exchange Commission (SEC) will obtain from the U.S. Supreme Court. Deaton shared the...

Taiwan’s Criminal Bureau’s Electronic Investigation Team uncovered one of the largest crypto money laundering cases, involving 320 million USDT. The suspects often traveled to other countries to communicate with local...