Policy
Increase in Crypto Scam Revenue Driven by ‘Pig Butchering’ and AI Tactics in 2024
Fraudsters reportedly earned between $9.9 billion and $12.4 billion last year as techniques became more advanced.
Finance
Crypto Investors Suffer Losses Over $500 Million in Memecoin Scams in 2024
A significant amount of money was lost due to memecoin scams, primarily driven by social engineering tactics targeting high-profile individuals.
Finance
Coinbase Users Face Annual Losses of $300M Due to Social Engineering Scams, Says ZachXBT
ZachXBT reveals that Coinbase users have lost significant funds to scams, urging enhanced security measures on the platform.
Finance
North Dakota Introduces Proposal to Limit Crypto ATM Transactions in Bid to Combat Fraud
North Dakota lawmakers are reviewing a new bill aimed at capping transactions at crypto ATMs to protect consumers from scams.
Finance
The Importance of Investor Protection and Regulatory Enforcement in Crypto
This article discusses the critical need for enhanced regulatory measures to safeguard investors in the cryptocurrency market, driven by rising scams amidst increasing crypto prices.
Finance
Crypto Swindlers Target Other Scam Artists
New scams are deceiving wannabe thieves, using elaborate strategies to trick them into losing funds.
Finance
From Reporting on Drug Cartels to Losing His Crypto Savings: The Story of Olivier Acuña
Olivier Acuña, a seasoned journalist, shares his harrowing journey from investigating drug cartels in Mexico to falling victim to a cryptocurrency scam that cost him $400,000.
Finance
Majority of New Crypto Tokens in 2024 Labeled Malicious: Insights from Blockaid
As much as $1.4 billion was reported lost to crypto scams in 2024, according to Blockaid's findings.
Crime
Money Launderer Linked to Crypto Scams Faces Up to 20 Years in Prison
Daren Li pleaded guilty to managing a scheme that transferred over $73 million from victims of cryptocurrency scams.
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