Scams News

Beyond immediate losses, attacks often lead to prolonged downtime, liquidity shocks and confidence erosion, as interconnected DeFi systems amplify the impact across markets.

Forensic analysis of lobbyist Mauricio Novelli’s phone reportedly uncovered a draft document outlining a $5 million payment tied to Argentina's president's promotion of the Libra token.

Crypto ATMs or kiosks are the “lowest-friction extraction channel available to scammers,” said cybersecurity firm CertiK.

Ben McKenzie’s film “Everyone Is Lying to You for Money” features interviews with former FTX CEO Sam Bankman-Fried and others discussing crypto and political influence.

Investigators say the GainBitcoin case involves about 8,000 investors and losses estimated at roughly 6,606 crore rupees ($790 million).

Crypto theft slowed sharply last month after a spike in January, but security companies warn that scammers are increasingly exploiting wallet permissions and social engineering tactics.

How investigators tracked $61 million in crypto tied to romance scams across wallets using blockchain forensics and stablecoin freezes.

Tycoon 2FA accounted for 62% of phishing attempts Microsoft blocked by mid last year, including over 30 million emails in a single month.

The ClickFix technique gained popularity among crypto hackers last year, but security researchers have been tracking it since 2024, with targets spanning several industries.

A federal judge said Uniswap isn’t responsible for scam tokens traded on the crypto platform, a decision that its founder Hayden Adams said was a “sensible outcome.”

A February report claimed that Tether had frozen about $4.2 billion worth of its USDt stablecoin allegedly connected to illicit activities since 2023.

Foom Cash lost $2.26 million in an exploit tied to a Groth16 verifier misconfiguration, but a white hat recovered $1.84 million of the funds.

Representative Erin Koegel proposed a total ban on crypto ATMs in Minnesota, building on a 2024 state law that imposed restrictions on kiosk operators.

A new Chainalysis report suggests ransomware attackers are “working harder for diminishing returns” as regulatory pressure and refusals to pay have hurt ransom proceeds. 

Cryptocurrency exchanges are moving to block scam-linked transfers before funds leave their platforms as fraud losses continue to climb.