Browsing Tag
crypto scams
99 posts
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…
Crypto User Loses $300K in Phishing Scam via Malicious Work Meeting Link
On December 6, a cryptocurrency user known as “LeftsideEmiri” on X shared that they had lost $300,000 after…
Crypto phishing scams drained $46M in September
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of…
Aussies Lose $122 Million to Crypto Scams, With Younger Victims Now Leading
Australians reportedly lost at least AUD 180 million (approximately $122 million) to cryptocurrency investment frauds over the past…
Ex-Kansas Bank CEO Sentenced to Over 24 Years for $47 Million Crypto Fraud
A former Kansas bank executive was sentenced to 293 months in federal prison for embezzling $47.1 million in…
North Korean Devs Used Fake Identities to Steal From Crypto Project: ZachXBT
Blockchain investigator ZachXBT has released information regarding North Korean developers who allegedly stole $1.3 million from a project’s…