Crypto Scam

Highlights: Pump.Fun’s livestream feature is criticized for allowing the community to perpetuate suicidal and scamming practices. Moderation challenges arise as Pump.Fun scales, sparking calls to improve the safety of the platform or disabling the feature. Despite the controversy, Pump.Fun remains […]

Highlights: The FBI recovered $8.3 million in the Kansas bank crypto scam, returning funds to 30 victims by the CEO’s embezzlement scam. Ex CEO Shan Hanes embezzled $47.1 million to fund a crypto scam, leading to Heartland Tri-State Bank’s collapse. […]

Highlights: The FBI warns about Ichcoin, a fraudulent platform that has swindled over $30 million from nearly 600 victims across the U.S. Victims are misled through social media tactics, resulting in substantial financial losses and empty promises of investment growth. […]

Highlights: Crypto investors suffered a $310.94 million loss in August 2024, marking the second-largest loss in the year. Major incidents included a $238 million BTC phishing scam and a $55 million loss linked to a compromised wallet. Despite the substantial […]

Highlights: Balangir police arrested four individuals from Rajasthan involved in a Rs 76 lakh cryptocurrency scam, targeting investors with fake platforms. India faces recurring cryptocurrency scams due to weak regulations, making it a prime target for fraudulent activities and schemes. […]

Highlights: Crypto exchange Binance blocks over $2.4B in crypto scam losses, protecting over 1.2 million users globally in 2024. The platform combines AI and manual reviews to monitor transactions, ensuring comprehensive protection across all Binance services. As of July 31, […]

Highlights: Gardaí seize €6.5 million in crypto from Dublin darknet raid Emollient Coin Limited was targeted in a significant Indian crypto fraud probe Q2 2024 sees $572.7 million lost to crypto hacks and scams Gardaí seized cryptocurrencies worth about €6.5 […]

Highlights: The Emollient Coin scam affected over 2,508 investors, causing significant financial losses ED raids target founders of Emollient Coin, uncovering primary fraudulent operations WazirX hack results in the theft of $234.9 million in crypto assets India’s Enforcement Directorate (ED) […]

In the latest trend, crypto scams are using deepfake technology to trick investors into a bogus scheme of ‘double your money.’ After the Bitcoin 2024 event commenced, many users suspected a 3-day continuous live stream on YouTube featuring a deepfake […]

Highlights: Scammers posing as Coinbase officials steal large sums from users. Verify contacts and avoid sharing sensitive information with unsolicited sources. Use multifactor authentication and update security measures regularly to protect against scams. Recent reports have highlighted a concerning wave […]