Latest News and Articles about Crypto Scam
Taiwan Busts $41M BitShine Crypto Scam: 14 Indicted in Massive Fraud Ring
$41M Crypto Scam: Taiwan Busts BitShine Fraud Ring with 14 Indictments Taiwanese authorities have landed a heavy blow on a sprawling cryptocurrency fraud, indicting 14 individuals connected to the BitShine exchange scam for fleecing over 1,500 victims out of $41 million (NT$1.27 billion). This isn’t just a run-of-the-mill con; it’s a glaring spotlight on the […]
Read MoreASIC Charges Four in $35.8M Australian Crypto Scam and Money Laundering Bust
Australian Crypto Scam: ASIC Charges Four in $35.8M Fraud Crackdown Picture this: you pour your hard-earned savings into a sleek website promising a juicy 9.5% annual return, only to learn it’s a $35.8 million scam. That’s the gut-wrenching reality for victims across 14 countries, as the Australian Securities and Investments Commission (ASIC) charges four men—former […]
Read MoreColorado Pastor and Wife Indicted for $3.4M INDXcoin Crypto Scam Targeting Christian Community
Colorado Pastor and Wife Indicted in $3.4M Crypto Scam: Divine Claims Fuel INDXcoin Fraud A Denver-based online pastor, Eli Regalado, and his wife, Kaitlyn Regalado, have been hit with a 40-count indictment for allegedly defrauding over 300 investors—mostly from their Christian community—out of $3.4 million through a cryptocurrency scam tied to a token called INDXcoin. […]
Read MoreSouth Korea’s Ex-First Lady Kim Keon-hee Linked to Crypto Scam Probe with Park
Ex-South Korean First Lady Kim Keon-hee Tied to Crypto Scam Probe with Market Maker Park South Korean prosecutors have launched a bombshell investigation into former First Lady Kim Keon-hee, probing her potential links to a notorious crypto market maker known as Park, or by his alias Jon Bur Kim. Accused of masterminding massive altcoin scams, […]
Read MoreIndian Police Nab Ahmedabad Man in $180K Crypto Scam: Fraud Exposed
Indian Police Bust Ahmedabad Man in $180K Crypto Scam: A Harsh Lesson for the Industry Indian authorities have struck a blow against cryptocurrency fraud by arresting Harshik Mukeshbhai Patel, a 26-year-old Ahmedabad resident, for orchestrating a scam that swindled victims out of Rs. 1.5 crore (roughly $180,000). This case, tied to a complaint from Kolkata, […]
Read MoreMoonPay Execs Lose $250K in Scam: A Wake-Up Call for Crypto Security
MoonPay Executives Lose $250K in Crypto Scam: Lessons for Bitcoin and Blockchain Security Two senior executives at MoonPay, a heavyweight in the cryptocurrency payments space, have been swindled out of $250,300 in a jaw-droppingly basic online scam. According to a US Department of Justice (DOJ) filing, the victims—believed to be CEO Ivan Soto-Wright and CFO […]
Read Morea16z X Account Hacked in Crypto Scam: Social Media Security Risks Exposed
A16Z’s X Account Hacked in Crypto Scam: A Stark Warning for Crypto and Social Media The verified X account of Andreessen Horowitz (a16z), a heavyweight venture capital firm in the tech and crypto space, was compromised on June 18, 2025. Hackers seized control to peddle a fraudulent cryptocurrency token, exploiting the trust of 851,000 followers […]
Read MoreNew Zealand Man Arrested in $265M Global Crypto Scam: FBI Leads to 13 Arrests
New Zealand Man Arrested in $265 Million Crypto Scam A man from Wellington, New Zealand, has been caught in a global dragnet, exposing a $265 million crypto scam that spanned continents and highlighted the dark side of digital currency. The arrest, part of a multinational law enforcement operation, underscores both the potential for vast profits […]
Read MoreFBI Busts $265M Crypto Scam: New Zealand Man Among 13 Arrested
$265 Million Crypto Scam: New Zealand Man Arrested in FBI-Led Probe $265 million stolen from seven victims FBI-led international investigation Lavish spending on luxury goods and properties In a significant development, a Wellington-based man was arrested in Auckland as part of an FBI-led international investigation into a staggering $265 million cryptocurrency scam. This sophisticated operation, […]
Read MoreJohn Bollinger Alerts Investors to Crypto Scam Using His Name, Urges Vigilance
John Bollinger Warns Investors About Crypto Scam Impersonating Him John Bollinger, the mind behind Bollinger Bands, issues a stark warning: “Never, never accept solicitations on my behalf!” as a cunning crypto scam swindles victims out of thousands. John Bollinger warns about a scam using his name. Scammers operate under “Diamond Ridge Asset Management.” Victim reportedly […]
Read MoreFather-Son Duo Jailed for $12M Crypto Scam: A Wake-Up Call for the Industry
Father-Son Duo Sentenced for $12M Crypto Scam Hugh Austin and his son Brandon have been sentenced to prison for masterminding a $12 million crypto scam that defrauded over two dozen investors. This case serves as a stark reminder of the dark side of the cryptocurrency market, where the promise of high returns can lure unsuspecting […]
Read MoreHugh Austin Gets 18 Years for $12M Crypto Scam: A Cautionary Tale
Hugh Austin Sentenced to 18 Years for $12m Crypto Scam Hugh Austin sentenced to 18 years for $12m crypto scam Over two dozen victims affected Funds misused for personal luxury Son, Brandon Austin, also sentenced Eugene William Austin Jr., better known as “Hugh Austin,” has been sentenced to 18 years in prison for orchestrating a […]
Read MoreSouth Korean Man Jailed 3 Years for $2M Crypto Scam: A Ponzi Scheme Unveiled
South Korean Man Sentenced to Prison for $2 Million Crypto Scam – **Person A sentenced to three years in prison** – **$2.04 million defrauded through crypto scam** – **Scam operated from December 2021 to August 2023** The Scam Unveiled Losing over $2 million to a crypto scam promising guaranteed returns is a nightmare that became […]
Read MoreMaryland Woman Falls Victim to $3M Crypto Pig Butchering Scam: FBI Warns of Rising Fraud
Maryland Woman Loses $3 Million in Crypto Pig Butchering Scam: FBI Warns of Rising Fraud A Maryland woman fell victim to a sophisticated “pig butchering” scam, losing a staggering $3 million. This case serves as a stark reminder of the dark side of the cryptocurrency world, where the promise of high returns can quickly turn […]
Read MoreFake TradingView App Scam: Hackers Steal Crypto via Reddit Malware
Crypto Scam Alert: Fake TradingView App Steals Funds from Traders Imagine logging into your crypto wallet, expecting to see a healthy balance, only to find it completely drained. This nightmare scenario has become a reality for victims of a sophisticated scam targeting cryptocurrency traders on Reddit. Hackers are distributing malware disguised as free versions of […]
Read MoreLoudoun County Seizes $1.4M in Crypto from Pig Butchering Scam
Loudoun County Police Seize $1.4 Million in Crypto from Pig Butchering Scam In a digital heist straight out of a movie, Loudoun County police have seized a staggering $1.4 million in cryptocurrency from a cunning ‘pig butchering’ scam. A ‘pig butchering scam’ is a type of fraud where scammers build trust with victims before tricking […]
Read MoreFormer Bank CEO’s $47M Crypto Scam Devastates Kansas Town: A Cautionary Tale
Kansas Town Devastated by $47.1 Million Crypto Scam Led by Former Bank CEO In Elkhart, Kansas, a $47.1 million cryptocurrency scam led by former Heartland Tri-State Bank (HTSB) CEO Shan Hanes has left a trail of financial devastation. Hanes, caught in a pig butchering scheme—a type of fraud where scammers build trust with victims before […]
Read MoreIndian Businessman Loses $221k in Sophisticated Crypto Scam Starting on Facebook
Indian Businessman Falls Victim to Sophisticated Crypto Scam, Loses $221k An Indian businessman from Ahmedabad lost Rs. 1.92 crore ($221k) to a sophisticated cryptocurrency scam that started with a seemingly innocuous friend request on Facebook. The scammer, posing as a woman, introduced the businessman to a fraudulent investment platform, promising high returns. Initially, small profits […]
Read MoreNorway Charges Four in $80M Crypto Ponzi Scheme: A Wake-Up Call for Investors
Norway Indicts Four Men in $80 Million Crypto Scam, Promising the Moon but Delivering Hot Air Four men charged in Norway for $80 million Ponzi scheme Global multi-level marketing network used to deceive victims Crypto and fake investments used to lure victims Funds laundered to top networkers and backers Norway’s economic crime authority, Økokrim, has […]
Read MoreDean Norris’s X Account Hacked Again: $8M DEAN Meme Coin Scam Exposed
Breaking Bad Actor Dean Norris X Account Used for $8M Meme Coin Scam Actor Dean Norris, famous for his role as Hank Schrader in “Breaking Bad,” has fallen victim to a cyber scam once again, with his X account being hijacked to promote a fraudulent meme coin called DEAN. The token briefly soared to a […]
Read MoreDean Norris’s X Account Hacked for DEAN Token Scam: Celebrity Meme Coin Dangers
Dean Norris Falls Victim to Meme Coin Scam: A Cautionary Tale in Crypto Dean Norris, the actor best known for his role as Hank Schrader on “Breaking Bad,” had his X account hijacked to promote a fraudulent cryptocurrency named DEAN. The scammers cleverly used a Cameo video of Norris to make the scam seem legitimate, […]
Read MoreBiggest Crypto Rug Pulls of 2024: DIO, Froggy, Hawk Tuah, Sharpei, GUNIT Analyzed
Unpacking the Biggest Crypto Rug Pulls of 2024: Lessons from a Tumultuous Year Ever wondered how to spot a crypto scam before it’s too late? In 2024, the crypto world faced a series of devastating rug pulls, scams where developers abandon projects and abscond with investors’ funds. Understanding these incidents is crucial for anyone navigating […]
Read MoreHong Kong High Court Uses Tokenized Notices in $2.6M Crypto Scam Case
Hong Kong High Court Innovates with Tokenized Notices in $2.6M Crypto Scam In a groundbreaking move, the Hong Kong High Court has employed blockchain technology to combat a $2.6 million crypto scam, marking a significant step in legal innovation. By serving an injunction via a tokenized legal notice, the court has set a precedent in […]
Read MoreK-pop CEO Faces Allegations in Nestree Crypto Scam: Investors Misled
K-pop’s Cube Entertainment CEO Accused of Misleading Investors in Crypto Scam Kang Seung-gon, the CEO of Cube Entertainment, faces serious allegations of misleading investors in a cryptocurrency scam involving the digital token “Nestree.” This situation has not only shaken the K-pop industry but also highlighted the risks of traditional companies venturing into the volatile world […]
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