Crypto Scam

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...

Forty countries in an alliance spearheaded by the United States plan to sign a pledge to never pay ransom to cybercriminals, and to work towards removing hackers’ source of revenue,...

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 for additional funds. The doctor...

Yyctrader, the head of news at a known crypto news agency, has become the latest victim of a crypto phishing scam orchestrated via the growing Social-Fi App Friend.tech, which saw...

Decentralized social network platform Friend.tech announced an improvement to the protocol’s security, allowing users to add and remove various login methods from their accounts. On October 4, Friend.tech announced on...

Blockchain security firm CertiK recently stated that the number of crypto exit scams in September was less than half of those reported in August 2023. In September, CertiK Alert identified...

In a new investigation by popular crypto detective ZachXBT, two influencers were allegedly deceiving multiple projects by leveraging the names of other influencers to obtain free tokens and by agreeing...

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...