Scams & Cybercrime News

IoTeX said it is assessing suspicious activity tied to a token safe, coordinating with exchanges to trace funds after analysts linked the incident to a possible private key compromise.

Sanctions evasion networks, guarantee marketplaces, and large-scale money laundering schemes dominated illicit stablecoin use, says TRM Labs.

Local media reported that the stolen 320 Bitcoin was returned to a wallet controlled by authorities, with the unknown hacker seemingly having a sudden change of heart.

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

The exploit saw the Moonwell protocol exploited for $1.78 million after cbETH was mispriced at $1.12 instead of about $2,200, intensifying debate around AI-co-authored smart contracts.

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

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.

French police arrested three suspects after a break-in targeting a Binance France executive, RTL reported. Binance has confirmed a home invasion involving an employee.

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.

The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities.

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.

US prosecutors said Paxful marketed itself as a non-KYC platform and presented anti-money laundering policies that it knew “were not implemented or enforced.”

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.

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