Tag: Crypto scams

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%

The Australian Federal Police (AFP) are investigating into a series of crypto phishing scams affecting at least 2,000 crypto wallets.

Operating in tandem with the Calgary Police Service in March, Operation Spincaster is a continuation of Operation Disruption by Chainalysis.

In an epic crypto scam case, Coinbase impersonators have defrauded an X user of about $1.7 million after a phony phone directives

A federal judge in Florida sentenced Michael Kane, the former CEO of Hydrogen Technology Corporation, to 45 months in jail.

Alex Lab's native ALEX token has experienced a substantial decline in value as a result of the incident and is currently trading at $0.07.

A local bank in China has uncovered an embezzlement and money laundering scheme involving two of its former executives and other suspects.

Ripple CTO David Schwartz has recently issued a warning to the crypto community regarding a surge in digital asset scams.

The DOJ said that former Deutsche Bank exec Rashawn Russell operated the fraudulent R3 Crypto Fund from November 2020 to August 2022.

The DoJ said that Daren Li was arrested at Atlanta’s airport in Georgia on April 12, while Yicheng Zhang was arrested in Los Angeles.

As per the DoJ, Thomas John Sfraga promised victims extraordinary returns on their investments, as high as 60% in just three months.

Hong Kong has witnessed a surge in deepfake-related fraud cases, reflecting a broader trend in the Asia-Pacific region.

Cypher has remained frozen, with developers working to raise funds for a security audit and to relaunch the exchange.

The lawsuit, filed by the SEC on April 24, accuses Geosyn and two of the firm's executives of defrauding approximately 64 investors.

Crypto developer Greysign advised crypto community staying away from repositories with a history of malicious activity.

The total amount lost to hacking and fraud incidents in Q1 2024 for the crypto industry stood at approximately $336.3 million.

The investigation, which delved into 48 devices and thousands of digital files, revealed a web of Bitcoin transactions.