Scams News

Draining volume has dropped from 2024, but a new scam service tool called Vanilla has been turning investigators’ heads with $5 million stolen in three weeks.

As the adoption of digital assets grows rapidly, there has been a significant increase in the amount of funds lost to scams and hacks.

Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures.

Andrew Tate is back on the memecoin bandwagon but hasn’t nailed the trading game as his wallet approaches losses of $700,000 on Hyperliquid.

Taiwanese prosecutors reportedly indicted 14 people accused of orchestrating the country’s biggest money laundering case involving cryptocurrency.

ASIC Deputy Chair Sarah Court said the regulator has beefed up its scam enforcement to include monitoring social media ads.

A Bitcoiner fell victim to a social engineering attack after being approached by impostors posing as hardware wallet support, losing 783 BTC worth $91 million.

Onchain sleuth found YZY sniper wallets tied to LIBRA, extracting $23 million in suspected insider gains across both token launches.

Real-world asset protocols present an “evolving” threat landscape that offers a larger attack surface for hackers, according to CertiK.

Following the Pocket Universe acquisition, Kerberus plans to build a dedicated antivirus for crypto to protect users from increasing malware attacks.

Australian authorities busted a $123-million crypto fraud. The scheme used seemingly legit businesses for crypto money laundering.

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

North Wales Police said a scammer impersonating UK law enforcement stole $2.8 million in Bitcoin in a “highly targeted and advanced scam.”

The judge cited ongoing cooperation of the defendants in the case as one of the reasons for unfreezing the stablecoins.

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors.