Scams News

Ripple warns that bad actors are stealing YouTube accounts and using them to impersonate the firm to shill their scams, including fake “XRP giveaways.”

The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors.

Veer Chetal, a 19-year-old hacker, used social engineering to steal $243 million in Bitcoin, then exposed his identity during a livestream and reoffended while out on bail.

A fake hardware wallet bought via TikTok led to a $6.9-million crypto theft; hackers are now targeting devices meant to keep funds safe.

Former rugby player Shane Donovan Moore was sentenced to 2.5 years in US federal prison for running a $900,000 crypto mining Ponzi scheme.

Iurii Gugnin allegedly used fake documents to bypass sanctions and launder $530 million for Russian clients. In the process, he deceived US banks.

BigONE crypto exchange has confirmed a $27 million loss after a third-party attack on its hot wallet infrastructure.

The town of Grosse Pointe Farms has no crypto ATMs, but has regulated them anyway, requiring registration, warnings and limits on kiosks.

Arcadia Finance’s Rebalancer contract was exploited for $3.5 million in USDC and USDS on the Base blockchain, with stolen assets swapped to WETH.

Discover how AI bots exploit vulnerabilities, why traditional security measures are no longer enough, and what steps can keep your crypto safe.

Retired DEA agent Bill Callahan tells Cointelegraph that bad actors can make plenty of mistakes and still “make a handsome profit.”

Looking for love lost $36.9 million to crypto scammers: A story of how Axis Digital turned sweet words into stolen coins and laundered it all to Cambodia.

The Vatican Bank has denied any link to a suspicious crypto project offering fake memberships and token sales through a fraudulent “Vatican Chamber of Trade.”

Nicholas Truglia was initially sentenced to 18 months behind bars for carrying out SIM-swapping attacks against crypto investors.

Social engineering scams, from the Meeten campaign to fake crypto support scams, have become a troubling occurrence in crypto.