Crypto Scam
Blockchain Security Firm Identifies 24 Scam Meme Tokens in Ten Days
There is a surge in the number of rug pulls involving meme tokens. PeckShield has detected about 24 scam meme tokens within the last ten…
Commissioner Recovers $86k for Clients Scammed Via Bitcoin of America
Banking Commissioner secures $86,000 settlement for four Connecticut consumers. The customers were scammed through Bitcoin of America's unlicensed virtual kiosks. A bill to regulate virtual…
Why Most Cryptocurrency Fraud Cases Take Place in China and the US
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…
Ripple CTO Agrees Bitboy’s BEN Coin Project Is 100% Rugpull Scam
Bitboy Crypto faces backlash for joining the newly launched meme token, BEN Coin. Ripple CTO calls BEN Coin a rug pull. BEN Coin aims to…
16-Member Gang, Two Policemen, Tried for Crypto Heist in Vietnam
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…
XEX Crypto Issues Warning Against Discord Channel Malicious Activity
DeFi payment platform XEX Crypto announced that their Discord server has been hacked. XEX Crypto warned users from engaging with xexcrypto.art and advised them not…
Indian Enforcement Directorate Freezes 916M Linked to HPZ Token Scam
916 million have been frozen from bank accounts of companies involved in HPZ Token fraud, reported Indian Enforcement Directorate. Bank and payment gateway companies were…
Hackers Steal Almost $11 Million From Yearn Finance Via yUSDT
An exploit that occurred on Yearn Finance has led to a loss of more than $11 million. The attacker exploited a misconfiguration in Yearn Finance’s…
20-Yr-Old Cryptocurrency Investor Scams $29M; Tortured For Ransom
A 20-year-old Ontario cryptocurrency investor Aiden Pleterski was kidnapped and held for ransom. Pleterski was accused of defrauding investors out of $29 million, out of…
Researcher Unveils Scammer Behind Failed Swerve $1M Governance Attack
A scammer attempted multiple times to steal over $1M from Swerve Finance. The hack failed as the scammer needed more tokens to execute proposals. MyAlgo…
