Latest News and Articles about Crypto Scams
Solana Surges Past $200, Eyes $360—But $SNORT Presale Sparks Scam Fears
Solana Breaks $200 with $360 in Sight—But Beware the $SNORT Scam Hype Solana ($SOL) is charging ahead, smashing past the $200 barrier in a rally that’s got the crypto world buzzing with anticipation of even bigger gains. Yet, amidst this surge, a Solana-based presale token called Snorter Token ($SNORT) is being peddled as a golden […]
Read MoreMeta Bans 6.8M WhatsApp Accounts in 2024 Crypto Scam Crackdown
Meta Strikes Hard: 6.8 Million WhatsApp Accounts Banned in Crypto Scam Crackdown Meta, the tech titan behind WhatsApp and Facebook, has unleashed a major offensive against digital fraud, banning over 6.8 million WhatsApp accounts tied to scams in the first half of 2024. With cryptocurrency fraud, including the notorious “pig butchering” schemes, at the core […]
Read MoreSenator Slams Musk: Stop Starlink’s Role in Crypto Scams Across Southeast Asia
Starlink Misuse: Senator Demands Musk Stop Crypto-Linked Scams in Southeast Asia A U.S. Democratic Senator has thrown down the gauntlet to Elon Musk, calling on SpaceX to cut off Starlink satellite internet access for transnational crime syndicates in Southeast Asia. These groups, holed up in scam dens across Myanmar, Cambodia, Laos, and Thailand, are bleeding […]
Read MoreLondon Duo Jailed for $2M Bitcoin Scam: Harsh Lesson for Crypto Investors
London Duo Jailed for $2M Bitcoin Fraud: A Brutal Wake-Up Call for Crypto Investors Two Greater London residents, Raymondip Bedi and Patrick Mavanga, have been slammed with a combined prison sentence of over 12 years for masterminding a cryptocurrency fraud that ripped off at least 65 investors to the tune of £1.54 million (roughly $2.1 […]
Read MoreIllegal Crypto Mining Busted in St. Petersburg Amid Russia’s Scam Surge
Underground Crypto Mining Farm Busted in St. Petersburg as Scams Plague Russia’s Crypto Scene Russian authorities have delivered a one-two punch to illicit cryptocurrency activities, raiding an illegal mining operation in St. Petersburg while sounding the alarm on a wave of sophisticated crypto trading scams sweeping the nation. These twin stories expose the raw underbelly […]
Read MoreTelegram Darknet Surge: Crypto Scams Explode After Huione Guarantee Shutdown
Telegram Darknet Market Surge: New Crypto Scams Emerge After Huione Guarantee Shutdown Telegram, the messaging app hailed by many in the crypto community for its privacy and group features, has become a digital cesspool of illicit activity following the shutdown of Huione Guarantee, a massive darknet marketplace. Closed by Telegram in May 2025 after facilitating […]
Read MoreQFSCOIN Cloud Mining: Profit from Bitcoin’s Bull Run or Another Crypto Scam?
QFSCOIN Cloud Mining: Can You Really Profit from Bitcoin’s Bull Run Without Hardware? Bitcoin is tearing through the charts with a new weekly high, sparking fresh excitement across the crypto sphere. As institutional money floods in and mining profitability soars, the barrier to entry—think pricey rigs and brutal electricity bills—keeps most of us on the […]
Read MoreCrypto User Loses $2.5M in Copy-Paste Scam: Transaction Poisoning Exposed
Double Trouble: Crypto User Loses $2.5M in Copy-Paste Catastrophe A cryptocurrency user has suffered a gut-wrenching loss of over $2.5 million in a brutal reminder of the unforgiving nature of the crypto world. Through a simple copy-and-paste error, they sent funds to a scammer’s address not once, but twice, falling victim to a deceptive tactic […]
Read MoreSouth Korea Arrests 25 in $540K Crypto Scam Crackdown, Candidates Back Bitcoin ETFs
25 Arrested as South Korean Police Crack Down on Multiple Crypto Scam Rings South Korean authorities have cracked down on a series of cryptocurrency scams, arresting 25 individuals who defrauded victims out of nearly 734 million won ($540,000 USD). These scams, run through fake investment advisory services, promised high returns but delivered nothing but losses. […]
Read MoreHong Kong Police Launch CryptoTrace to Fight Rising Crypto Scams
Hong Kong Police Unveil CryptoTrace to Combat Rising Crypto Crimes With cryptocurrency scams on the rise, Hong Kong police have introduced CryptoTrace, a new tool designed to track illegal crypto flows and enhance investigations into scams. Developed in collaboration with the University of Hong Kong and unveiled at the Blockchain Security Summit 2025, CryptoTrace leverages […]
Read More10 Red Flags to Spot Fake Crypto Investment Platforms and Avoid Scams
The Dark Side of Crypto: 10 Red Flags to Spot Fake Investment Platforms The crypto world offers immense potential for financial freedom and innovation, but it’s also rife with scams that can deceive even the most cautious investor. Here’s how to identify fraudulent crypto investment platforms and protect your investments from crypto scams and bitcoin […]
Read MoreCrypto Scams Surge to $9.3 Billion in 2024, Seniors Lose $2.8B: FBI Reports 66% Rise
Crypto Scam Losses Surge to $9.3 Billion in 2024: FBI Reports a 66% Increase The FBI’s latest report paints a grim picture for the crypto community, revealing a 66% increase in losses to crypto scams, totaling $9.3 billion in 2024. Seniors have been hit the hardest, losing over $2.8 billion, while crypto ATMs and fake […]
Read More$46M Stolen from Coinbase Users in March: ZachXBT Exposes Crypto Scam Surge
Crypto Scams: Over $46 Million Stolen from Coinbase Users in March, ZachXBT Reveals Blockchain investigator ZachXBT has uncovered over $46 million in scams targeting Coinbase users in March, highlighting a significant security issue within one of the world’s largest cryptocurrency exchanges. The largest incident involved a theft of 400.09
Read MoreMalaysia Battles Surge in Crypto Scams Targeting Seniors with AI and Blockchain
Malaysia Warns of Rising Crypto Scams Targeting Seniors Malaysian seniors are increasingly falling victim to sophisticated cryptocurrency scams. The Malaysian authorities, through the Bukit Aman Commercial Crime Investigation Department (CCID), are sounding the alarm on a significant increase in fraudulent schemes exploiting the allure of cryptocurrency. Crypto scams surge in Malaysia, targeting seniors Authorities using […]
Read MoreCrypto Scam Alert: Pig Butchering Soars 40% as AI Fuels Deception
Crypto Scam Alert 2024: Pig Butchering Surges 40% with AI’s Dark Side In 2024, the cryptocurrency landscape has witnessed a staggering 40% increase in pig butchering scams, fueled by the dark side of generative AI. These scams, where fraudsters meticulously build trust with victims before defrauding them in fake cryptocurrency schemes, have become a menacing […]
Read MoreEmpiresX Founders Hit with $130M Fine for Crypto Fraud: CFTC’s Strong Stance
Brazilian EmpiresX Founders Fined $130M for Crypto Fraud: A Wake-Up Call for Investors The U.S. District Court for the Southern District of Florida has delivered a stern message to the cryptocurrency world, fining the founders of EmpiresX, Emerson Pires and Flavio Goncalves, along with Joshua Nicholas, a whopping $130 million for defrauding over 12,500 investors. […]
Read MoreEx-Malaysian PM’s X Account Hacked to Promote $1.7M Meme Coin Scam
Ex-Malaysian PM Mahathir’s X Account Hacked to Shill Meme Coins Former Malaysian Prime Minister Mahathir Mohamad’s X account was hacked to promote a fraudulent meme coin called MALAYSIA, highlighting the ongoing threat of crypto scams exploiting high-profile individuals. Mahathir Mohamad’s X account hacked to promote MALAYSIA meme coin Hackers stole over $1.7 million, linked to […]
Read MoreCrypto Scams Surge: $5.6B Lost in 2023, Financial Institutions Must Act
Financial Institutions Must Step Up to Protect Investors from Crypto Scams In 2023, Americans lost a staggering $5.6 billion to cryptocurrency scams, marking a 45% increase from the previous year. The decentralized nature of cryptocurrencies, meaning they are not controlled by a single entity, has exacerbated the problem, making them a prime target for fraudsters. […]
Read MoreIndian Police Arrest Three in Major Crypto Scam Crackdown in Maharashtra
Indian Police Crack Down on Crypto Investment Scammers in Maharashtra In a major crackdown on crypto scams, Indian police have arrested three individuals in Maharashtra, highlighting the dark side of digital currencies. A 19-year-old student from Chembur fell victim to a scam that cost him Rs. 2 lakhs, lured by the promise of quick profits […]
Read MoreCrypto Lawyer John Deaton Warns: Sophisticated Scams Plague Crypto Space
Crypto Lawyer John Deaton’s Stark Warning: Beware of Sophisticated Crypto Scams John Deaton, a well-known crypto lawyer and ardent defender of XRP, has issued a chilling alert to the cryptocurrency community about the dangers of sophisticated scams. With firsthand experience of a hacker’s attempt to infiltrate his life, Deaton’s message is clear: the crypto space […]
Read MoreIndia Teams Up with Google, Facebook to Combat Crypto Pig Butchering Scams
India’s Bold Move Against Crypto Scams: Partnering with Google and Facebook India is stepping up its efforts to combat the rising wave of pig butchering scams that exploit cryptocurrencies, targeting vulnerable populations such as unemployed youths, housewives, students, and those in financial need. The government is collaborating with tech giants Google and Facebook to tackle […]
Read MoreYouTube Crypto Scams: Seed Phrases and TRX Fees Trap Unwary Investors
Crypto Scams on YouTube: Fraudsters Exploit Greed and Greed Exploits You John clicked on a seemingly harmless comment on a YouTube video, and within minutes, he lost his life savings. This is the harsh reality of crypto scams today. Scammers are using YouTube comments to distribute seed phrases, which are lists of words used to […]
Read MoreHackers Exploit LinkedIn to Scam Crypto Users with Fake Job Offers
Exposed: Hackers Now Using LinkedIn to Scam Crypto Users Hackers have escalated their attacks on cryptocurrency users, exploiting LinkedIn with a sophisticated social engineering scam that could leave victims “seriously harmed,” according to Web3 security expert Taylor Monahan. Hackers create fake LinkedIn profiles, posing as recruiters. They use platforms like Willo Video to deepen their […]
Read MoreLinkedIn Crypto Scams Surge: Beware of Fake Recruiters and Malware Attacks
LinkedIn Scams Target Crypto Professionals with Sophisticated Tactics and Wallet-Draining Malware LinkedIn has become a hotspot for crypto scams, with scammers using sophisticated tactics to drain wallets through malware like the RedLine trojan. Scammers impersonate recruiters and industry figures. Malware, often RedLine trojan, steals data and drains wallets. Vigilance and security measures are crucial. In […]
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