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Scams, Schemes and Hacks

Tether Faces Ransom Demand and Massive Denial of Service Attack, According to CTO Paolo Ardoino

The chief technology officer of stablecoin issuer Tether says the firm was hit with a ransom demand amid a distributed…

June 20, 2022

FBI Agent Says Crypto Investment Scams on LinkedIn ‘Significant Threat’ to Consumers: Report

The Federal Bureau of Investigation (FBI) is reportedly saying that crypto-related investment scams on popular professional networking platform LinkedIn are…

June 19, 2022

Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before UST Collapse

The embattled chief executive of Terraform Labs is adamantly denying whispers that he cashed out billions of dollars worth of…

June 14, 2022

Dogecoin (DOGE) Co-Creator Calls Crypto Industry Facilitator of Scams That Exists Outside of Government Control

The co-creator of popular meme token Dogecoin (DOGE) says a lack of traditional oversight leaves crypto traders vulnerable to being…

June 14, 2022

Crypto Exchange Gemini Hit With Lawsuit for Alleged Negligence Over $36,000,000 in Customer Funds

A retirement account trust company is suing the crypto exchange Gemini for failing to have the "proper safeguards in place"…

June 8, 2022

Scammers Compromise Bored Ape Yacht Club and Otherside Discord Servers, Steal 32 NFTs Worth $259,000: Report

Bad actors have reportedly made off with hundreds of thousands of dollars worth of stolen non-fungible tokens (NFTs) after exploiting…

June 6, 2022

Scammers Have Stolen Over $1,000,000,000 in Crypto Assets Since Start of 2021: U.S. Federal Trade Commission

The Federal Trade Commission (FTC) is laying out the scope and methods used by crypto fraudsters to rack up a…

June 4, 2022

U.S. Department of Justice Charges Former OpenSea Executive in First-Ever Insider Trading Crypto Scheme

In a groundbreaking move, the U.S. Department of Justice (DOJ) is charging a former executive of the world’s leading non-fungible…

June 2, 2022

Dogecoin (DOGE) Co-Creator Issues Crypto Winter Warning As Bitcoin Rises Above $30,000

The co-creator of popular meme crypto asset Dogecoin (DOGE) is reportedly issuing a warning that crypto has not yet reached…

May 31, 2022

Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams

A popular Ethereum (ETH) wallet is unveiling a new partnership to help victims of crypto scams recover their digital assets.…

May 28, 2022