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Scams, Hacks & Breaches

Consumer Financial Protection Bureau Proposes Refund Requirements Following Crypto Hacks: Report

The U.S. Consumer Financial Protection Bureau (CFPB) is reportedly proposing a refund requirement for digital assets following a slew of…

January 10, 2025

Losses From Crypto Hacks and Scams Soar in 2024, Exceeding $3,010,000,000: Blockchain Security Firm

Losses from crypto hacks and scams surged in 2024, according to the blockchain security firm PeckShield. The firm says the…

January 10, 2025

Man Loses $188,000 in Crypto Scam to Fraudster Posing As Childhood Friend: Report

A man from Guelph, Ontario reportedly lost large amounts of money to a cryptocurrency scam after meeting someone who pretended…

January 9, 2025

24-Year-Old Arrested for Alleged $4,600,000 Crypto Scam That Defrauded 300 People: Report

A 24-year-old man from the Netherlands has reportedly been arrested after allegedly scamming 300 people out of millions of dollars.…

January 8, 2025

US Government Estimates Do Kwon’s Victim Count Potentially Exceeding 1,000,000 People

Do Kwon's alleged schemes could have impacted more than 1 million victims worldwide, according to US prosecutors. US authorities extradited…

January 8, 2025

Investigators to Search Through Do Kwon’s Personal Emails, Twitter Messages and Mobile Devices in Terra Case

New court documents reveal that authorities plan to search through disgraced Terra (LUNA) founder Do Kwon's personal emails, social media…

January 8, 2025

Bank Executive Accused of Stealing $345,664 From Lender in Three Months, Forging Documents and Directing Staff To Falsify Records

A US bank executive drained hundreds of thousands of dollars from the lender over a span of about three months,…

January 5, 2025

U.S. Justice Department Hands $4,300,000,000 To 40,930 Victims of ‘History’s Largest Ponzi Scheme’

The U.S. Department of Justice (DOJ) says it has nearly recovered all the losses suffered by tens of thousands of…

January 4, 2025

JPMorgan Chase Abruptly Freezes $43,000, Refuses To Release Funds To Scammed Bank of America Customer: Report

JPMorgan Chase is refusing to release $43,000 that belongs to a scammed Bank of America customer, according to a new…

January 4, 2025

US Treasury Confirms ‘Major Cybersecurity Incident’ As Chinese State-Sponsored Hackers Accused of Infiltrating Third-Party System

The US Treasury Department says a post-mortem of a recent data breach shows state-sponsored Chinese hackers are behind the attack.…

January 3, 2025