Crypto
FBI Reports $9.3 Billion Lost to Crypto Scams in 2024
A new report indicates a significant rise in financial losses to cryptocurrency-related scams, particularly affecting older Americans.
Altcoins
How to Safeguard Your Crypto Wallet from the Latest Cloudflare Scam
An in-depth look at the recent Cloudflare scams affecting crypto users and how to protect your digital assets.
Altcoins
Australian Authorities Initiate Operation Firestorm Against Crypto Scammers Posing as Binance Agents
The Australian Federal Police have launched a global investigation targeting cryptocurrency scams impersonating Binance representatives, highlighting the urgent need for investor protection.
Finance
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.
Business
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.
Crypto
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.
Crypto
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.
Crypto
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.
Crypto
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.
Crypto
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.
Crypto
Tragic End for Thodex CEO: Death Highlights Impact of Major Crypto Fraud on Turkish Law
The former CEO of Thodex, implicated in a $2 billion cryptocurrency scam, was discovered dead in prison, raising questions about the consequences of the scandal on Turkish legislation.
News
A Single Copy-Paste Error Results in $50 Million Loss for Cryptocurrency User
An unfortunate copy-paste mistake led to a significant loss of nearly $50 million in cryptocurrency for a user, highlighting the risks of address spoofing.
News
Monad Co-Founder Warns Users About Telegram Advertisement Scam Before Airdrop
Keone Hon, co-founder of Monad, alerts users regarding fraudulent ads appearing in their official Telegram channel.
Investigation
Investigation Links 100,000 BTC Hyperliquid Whale to Ex-BitForex CEO
A probe has established a connection between a significant whale managing over 100,000 BTC on Hyperliquid and Garrett Jin, the former CEO of BitForex, which collapsed under fraud allegations.
Ecosystem
The Hidden Dangers of Public WiFi: A Crypto Wallet Disaster
A crypto user shares how they lost $5,000 due to vulnerabilities associated with public WiFi and careless approval of transactions.
Crypto
Proposed SAFE Crypto Act Aims to Combat Cryptocurrency Scams
New legislation could enhance collaboration among US agencies to tackle crypto fraud.
Crypto News
Bitcoin Advisor Warns After Client Loses All Holdings to Scam
A father lost his only Bitcoin in a romantic scam as fraudsters exploit emotional manipulation.
Crypto Bits
Ripple's CEO Issues Urgent Warning as Holiday Scams Rise
Brad Garlinghouse warns users to stay alert for online scams during the holiday season and highlights collaborations with major firms to promote online safety.
