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Scams, Schemes and Hacks

Hacker Offered Bounty After Exploiting $573,000 in Crypto From DeFi Platform

Cross-chain bridging solution provider Allbridge is promising leniency to the hacker who exploited the multichain tool days ago if stolen…

April 4, 2023

Binance CEO Changpeng Zhao Denounces New FUD After Unsubstantiated Rumor Spreads Through Crypto Twitter

The chief executive of the world's largest crypto exchange is countering the spread of new fear, uncertainty and doubt (FUD)…

April 3, 2023

FTX Founder Sam Bankman-Fried Pleads Not Guilty to New Charges, Including Bribery of Chinese Officials: Report

Sam Bankman-Fried is pleading not guilty to a new set of charges as the former crypto tycoon faces the possibility…

March 31, 2023

Do Kwon To Be Held in Montenegro for 30 Days As Authorities Investigate Forged Passports: Report

Embattled Terra (LUNA) founder Do Kwon will remain in Montenegro following his arrest in the southeastern European country last week,…

March 29, 2023

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