Browsing Tag
Scams
74 posts
Crypto scammers net over $9B in 2024 as AI supercharges fraud
Malicious actors stole roughly $9.9 billion from the crypto ecosystem last year — the lowest amount since 2021,…
FBI initiative saves thousands from crypto scams, recovers $285 million
The FBI’s initiative to counter crypto investment fraud has helped thousands of victims avoid losing millions of dollars…
Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and victim resistance
The crypto industry saw ransomware payments decline by 35% in 2024, falling to $813 million from the previous…
Crypto phishing scams drained $10.25 million in January
Blockchain security firm Scam Sniffer reported that crypto phishing scams drained $10.25 million from 9,220 victims in January,…
Scammers hijack Visa, Dean Norris social media accounts to promote fake Solana tokens
Over the weekend, hackers targeted the social media accounts of Visa and Hollywood actor Dean Norris to promote…
India partners with tech giants Google, Meta to curb ‘pig butchering’ scams
India has intensified efforts to curb crypto-related scams by collaborating with tech giants Google and Meta (formerly Facebook),…
Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses
Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud…
SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam
The U.S. Securities and Exchange Commission charged three individuals on Dec. 11 with impersonating securities brokers and investment…
Crypto scammers orchestrate massive hack on X but barely made $8K
The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy…
Inside the Pig Butchering Scam: Real Stories from Victims
The latest Cointelegraph video discusses one of the most dangerous crypto scams, ‘Pig Butchering,’ where victims are lured…