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Scams

Bad Actors Deployed Over 500 Scam Crypto Assets on Coinbase’s Ethereum Layer-2 Prior to Launch: Surveillance Firm

A crypto surveillance firm says black hat developers have placed hundreds of malicious tokens on Coinbase’s newly launched Ethereum (ETH)…

August 21, 2023

Minnesota Couple Loses Over $9,200,000 After ‘LinkedIn Adultress’ Misleads Man into Crypto Scam: Report

A couple from Eden Prairie, Minnesota is down nearly $10 million after the husband fell victim to a crypto romance…

August 2, 2023

Republican Congressman Indicted for Role in ‘Nigerian Prince’ Fraudulent Crypto Scheme: The New York Times

A Republican Congressman has reportedly been indicted for his alleged role in a fraudulent “Nigerian Prince” crypto scam. According to…

July 28, 2023

Couple Who Allegedly Laundered Bitcoin (BTC) From Massive 2016 Bitfinex Hack Appear To Reach Plea Deal

The notorious crypto couple accused of attempting to launder billions of dollars worth of Bitcoin (BTC) from the massive 2016…

July 22, 2023

Man Faces Charges for Allegedly Helping To Kidnap ‘Crypto King’ After Falling Victim to Scheme: Report

A Toronto investor who allegedly helped kidnap Ontario's "Crypto King" last December after losing thousands in a scam is facing…

July 17, 2023

Crypto Scam Revenue Down 77% Year-on-Year, but Ransomware Surges in the First Half of 2023: Chainalysis

A new report from blockchain data platform Chainalysis shows that cryptocurrency-related crimes significantly dropped in the first half of 2023.…

July 14, 2023

$656,000,000 in Crypto Lost in Hacks, Scams and Rug Pulls In First Half of 2023: Blockchain Security Firm

A new report from blockchain security firm Beosin reveals that the crypto market recorded losses of over half a trillion…

July 2, 2023

UK Citizen Sentenced to Multiple Years in Prison for Stealing $794,000 in Crypto During 2020 Twitter Hack

A UK citizen was recently sentenced to five years in prison in the US for committing a slew of cybercrimes,…

June 27, 2023

‘Cryptoqueen’ Accomplice Goes Missing While Under House Arrest Just Before Legal Proceedings: Report

The former advisor of ‘Cryptoqueen’ Ruja Ignatova has reportedly disappeared just before his extradition to the US to face trial…

June 12, 2023

Russian Man Faces Over 20 Years Behind Bars for Alleged Participation in $200 Million Global Ransomware Campaigns

The U.S. Department of Justice (DOJ) has indicted a Russian man who allegedly participated in deploying multiple ransomware schemes in…

May 23, 2023