Crypto Scam

Highlights: Coinbase has frozen over $3 million linked to Southeast Asia crypto scam networks. Meta, Microsoft, and Starlink helped shut down accounts and infrastructure used by scammers. Authorities have increased global crackdowns as crypto fraud losses continued to grow. Coinbase […]

Highlights: Ohio Investment Manager Giri has received nine years for a $10 million crypto Ponzi scheme. Prosecutors said Giri promised risk-free returns on Bitcoin derivatives. He admitted to new investor solicitation after his guilty plea. Federal prosecutors secured a nine-year […]

Highlights: Singapore police and crypto exchanges stopped over $2.86 million in possible crypto scam losses. More than 90 victims received direct calls or in-person intervention from officers. Blockchain tools helped trace scam-linked funds across impersonation, investment, job, and romance cases. […]

Highlights: MARISKS warned that fake messages offered ships Strait of Hormuz passage for Bitcoin or Tether. Scammers posed as Iranian officials and targeted shipping companies with delayed vessels. The fraud appeared as tensions and transit disruption continued across the Gulf […]

Highlights: Hong Kong has logged more than 80 online investment fraud cases in one week. One AI crypto scam on Telegram has cost a woman about HK$7.7 million. A recent FBI report ties crypto complaints to more than $11.36 billion […]

Highlights: The ONUS crypto fraud probe has led to seven arrests after a sweeping investigation. Investigators linked VNDC, ONUS, and HNG token activity to centralized price manipulation. ONUS went offline on March 20, leaving investors locked out and losses mounting. […]

Highlights: The court cleared Uniswap Labs and its founder in a major scam case and issued the final verdict. The presiding judge argued that Uniswap should not take responsibility for other people’s actions. Hayden Adams welcomed the court’s verdict, describing […]

Highlights: Tether has confiscated $4.2 billion worth of USDT connected to scam activities. The stablecoin issuer has been confiscating assets since 2023. Tether noted that its actions were in line with directives from law enforcement agencies. Stablecoin issuer Tether has […]

Highlights: Federal agents confiscate $61 million in cryptocurrency linked to fraud. Victims were lured to fake investment platforms in the pig butchering scheme. Homeland Security aided in tracing funds across several crypto wallets. Federal prosecutors have announced the seizure of […]

Highlights: X acted against a bribery network trying to restore crypto scam accounts. The scheme extended across multiple platforms, including social media and gaming communities. Experts warn that cybercrime is evolving fast, using AI and traditional check fraud. X, the […]

Highlights: GreedyBear crypto scam used 150 weaponized Firefox extensions to steal wallet credentials. The group deployed nearly 500 crypto-targeting malware programs. All attacks operated through a single coordinated command server. A cybercrime organization called GreedyBear has executed a significant crypto […]

Highlights: Crypto hackers stole $142 million in July through 17 separate attacks and scams. Five major attacks caused most losses, with CoinDCX and GMX hit the hardest. Hackers now use social engineering and offchain tricks instead of smart contract flaws. […]