Tag: Crypto scams

The United States has seized servers, domain names, and approximately $1 million in cryptocurrency from the BlackSuit ransomware group.

Ripple CEO Brad Garlinghouse has sounded the alarm on a surge in crypto scams as digital asset markets continue to post strong gains.

The US Secret Service has quietly seized nearly $400 million in crypto scams crackdown over the past decade.

The scheme tricked a donor into sending $250,300 in USDt on the Ethereum blockchain to scammers posing as committee officials, says DOJ.

IC3 revealed in its 2024 annual report that digital asset scams have reached new heights, both in volume and severity. 

March saw a significant decline in cryptocurrency-related losses from exploits, hacks, and scams, totaling just $28.8 million.

Scam Sniffer, a blockchain security firm, reports that malware-based crypto scams on Telegram increased by 2,000%

Phishing scammers are reportedly earning tens of thousands of dollars weekly by impersonating Coinbase support.

Horst Jicha, who stands accused of orchestrating a $150 million cryptocurrency fraud, has gone missing while out on a $5 million bond.

A UN agency has urged regulators in South Asia to crackdown on crypto firms operating in the region without licensing

Evan Frederick Light has pleaded guilty to crypto crime and charges of wire fraud conspiracy and laundering.

The U.S. SEC has taken its first decisive step against a growing crypto scam trend known as "pig butchering."

Binance blacklisted suspicious addresses linked to Clipper-related scams, preventing transactions from being processed to flagged accounts.

The U.S. Commodity Futures Trading Commission (CFTC) is stepping up its efforts to fight crypto fraud by forming numerous partnerships.

Crypto scams saw as much as $310 million lost in the past month according to insights shared by intelligence firm CertiK

Australians have been defrauded out of $122 million through cryptocurrency scams over the past year, according to a report by the AFP.

The Australian Securities and Investments Commission (ASIC) cracked down on crypto scams over the past year, dismantling over 600 schemes.

Chainalysis has revealed that aggregate crypto scams and related activity on blockchain networks this year has decreased by nearly 20%