Scams News

Truebit lost $26 million after a smart-contract overflow bug let an attacker mint tokens at near-zero cost, sending the TRU price down 99%.

The Solana-based NYC Token briefly surged before plunging shortly after launch, with Eric Adams saying proceeds would fund education initiatives.

The message claimed Betterment would “triple” Bitcoin and Ether deposits sent within hours, urging users to transfer $10,000 to crypto wallets.

A crypto user who lost $5,000 from a hot wallet after a stay at a hotel said the real culprits were open WiFi, a casual lobby phone call and one careless wallet approval.

The $7-million Trust Wallet hack shows why crypto-friendly SMEs are especially vulnerable, highlighting weaknesses in verification, browser extensions and internal controls.

How an onchain investigator linked a Coinbase impersonation scam to $2 million in losses and why social engineering remains the real risk.

According to SlowMist, attackers are impersonating MetaMask, aiming to steal users’ secret recovery phrases.

A divorced investor’s tragic loss reveals how emotional manipulation, combined with AI technology, has weaponized crypto scams into a billion-dollar crime.

An Investigation from ZachXBT traced the suspect through posts gloating on social media and Telegram activity.

The malicious Trust Wallet extension has also been exporting users’ personal information, pointing to potential insider activity, according to cybersecurity company SlowMist.

Zhao urged the blockchain industry to adopt new security measures, including scam address blacklist, after an investor lost $50 million to an address poisoning scheme.

Concerns about code vulnerabilities are fading in the crypto space, but more sophisticated scam tactics are emerging as protocol security improves.

A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users.

Newly proposed legislation could see the US Treasury, FinCEN, the Secret Service, and law enforcement coordinate to catch crypto scammers and fraudsters.

From fake crypto investment offers to deepfake endorsements, here’s how criminals trick users and what you can do to stay one step ahead.