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Scams, Schemes and Hacks

One in Three US Crypto Investors Fell Victim to Fraudulent Websites or Investment Scams: Kaspersky Study

A new survey conducted by Kaspersky indicates one in three US digital asset investors have had their crypto stolen. The…

March 28, 2023

24-Year-Old ‘Crypto King’ Allegedly Part of $41,000,000 Scheme Kidnapped in Attempted Ransom

Canada’s self-proclaimed "Crypto King" Aiden Pleterski, who is currently going through bankruptcy proceedings after allegedly defrauding investors, was reportedly kidnapped…

March 27, 2023

US Prosecutors Slam Terra (LUNA) Founder Do Kwon With Eight Counts of Fraud for 2022 Crypto Collapse

Federal prosecutors in New York have filed charges against Terraform Labs co-founder Do Kwon hours after his arrest at the…

March 26, 2023

Embattled Terra (LUNA) Founder Do Kwon Arrested in Montenegro: Report

The disgraced founder of embattled stablecoin issuer Terra (LUNA) has reportedly been arrested in Montenegro after months of being on…

March 23, 2023

Woman Allegedly Involved in $4,000,000,000 ‘OneCoin’ Scheme Hit With Fraud Charges by the DOJ

The U.S. Department of Justice (DOJ) is charging a Bulgarian woman with fraud for allegedly playing a role in a…

March 22, 2023

FBI Says Crypto Scams Skyrocketed 183% in 2022, Causing $2,570,000,000 in Losses

The Federal Bureau of Investigation (FBI) says that the number of victims who fell to crypto investment scams reached record…

March 20, 2023

Ethereum (ETH) Creator Vitalik Buterin Outlines Favorite Crypto Security Strategy

Billionaire and Ethereum (ETH) creator Vitalik Buterin is highlighting what he thinks is the best way for users to self…

March 19, 2023

Nearly $200,000,000 Worth of Crypto Hacked From DeFi Platform Euler Finance

A hacker exploited the decentralized finance (DeFi) platform Euler Finance early Monday morning and stole around $200 million worth of…

March 15, 2023

Hackers Exploit Ethereum (ETH) Rival, Normal Activity Paused To Prevent Theft of More Tokens

Layer-1 blockchain Hedera (HBAR) had to pause normal activity this week due to a hack on its smart contract service…

March 11, 2023

Crypto Hackers Stole $386,200,000 From DeFi Protocols via ‘Oracle Manipulation Attacks’ in 2022: Chainalysis

One specific method of hacking decentralized finance (DeFi) protocols is on the rise, according to blockchain data platform Chainalysis. In…

March 10, 2023