Scams News

Long-term trust-building tactics power pig-butchering crypto scams, the fastest-growing fraud threats today.

Uniswap founder Hayden Adams highlighted a case where a victim lost a “mid-six-figure” portfolio to a fake top search result posing as Uniswap.

Address poisoning works by cluttering your transaction history with fake entries, tricking you into sending funds to a scammer’s address by mistake.

Social engineering and impersonation-related scams were the most frequent attack vectors targeting crypto investors in AMLBot’s investigations last year.

Investigators say Raees and Ameer Cajee are back in South Africa years after Africrypt’s collapse, while investors still struggle to serve legal papers.

It's not the first time scammers have used snail mail to target victims of hardware wallet company data breaches from years ago.

ShinyHunters hackers leaked user data after a social-engineering attack on a Figure employee and the company reportedly refused to pay a ransom.

A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021.

Chainalysis says that despite the rising use of crypto in trafficking networks, the transparency of blockchain may give visibility into the operations, aiding law enforcement.

Mandiant, which operates under Google Cloud, has tracked the suspected North Korean scammers since 2018, and AI has helped scale up malicious attacks since November 2025.

SafeMoon’s former chief technology officer, Thomas Smith, has also pleaded guilty and is awaiting sentencing. Alleged co-conspirator Kyle Nagy remains at large.

Phantom Chat is under scrutiny after a phishing attack drained $264,000 in Wrapped Bitcoin, renewing concerns over wallet UX and address poisoning scams.

A US court sentenced Daren Li to 20 years in prison for leading a $73 million crypto pig butchering scam targeting American investors.

SEAL and the Ethereum Foundation created a Trillion Dollar Security dashboard to track Ethereum security as part of efforts to fight wallet drainers.

SlowMist flagged 472 AI skills containing malicious code, as plugins and extensions increasingly become a target for hackers seeking access to the devices of cryptocurrency investors.