Browsing Tag
crypto scams
54 posts
Hackers Target X Accounts of Crypto Firms to Promote Scam Tokens
Several account hijackings on X over the weekend have raised alarm in the crypto community. The incidents involved…
$488.5M in Stolen Crypto Recovered as 2024 Losses Hit $3B: PeckShield
PeckShield’s latest analysis reveals a troubling spike in crypto-related security breaches in 2024 alongside a bull market. Despite…
Global crackdowns target crypto scams and AI deepfake fraud
Vietnamese police arrest crypto mining scammers, Springfield warns about ATM fraud and Hong Kong busts AI-related scams.
CertiK Report Reveals December Crypto Losses Dropped to 2024’s Lowest at $28.6M
There has been a significant reduction in losses from exploits, hacks, and scams in December compared to previous…
Notorious ‘Blockchain Bandit’ Resurfaces, Moves 51,000 ETH in Largest Fund Transfer
After a brief hiatus, the notorious “Blockchain Bandit” has re-emerged as the year ends, consolidating a staggering 51,000…
Crypto Scammers Bait Thieves with Public Seed Phrases in New Scheme: Kaspersky
A new crypto scam appears to be flipping the script on thieves. By publicly sharing seed phrases, scammers…
Binance Prevents Over $129M From Being Lost to Scams in 2024 via AI and ML
Crypto exchange giant Binance reportedly stopped more than $129 million from being lost to criminals in 2024. In…
Nigeria Arrests 792 in Landmark Crypto-Romance Scam Raid
Nigeria’s Economic and Financial Crimes Commission (EFCC) on December 10 arrested 792 people linked to a massive crypto-romance…
CFTC Sues Washington Pastor for $6M Cryptocurrency Ponzi Scheme
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Francier Obando Pinillo, a pastor…
IcomTech Execs to Pay $5M in Restitution for Defrauding Investors with False Crypto Promises
Five individuals associated with IcomTech, a cryptocurrency Ponzi scheme that defrauded investors of $8.4 million, were ordered by…