US Court Slaps $209 Million Penalty on Crypto Ponzi Scheme
Oregon resident and entities fined $209 million for crypto Ponzi scam The schemes disguised as crypto and carbon investments defrauded investors $83.7 million restitution and...
Category : Crypto Scams
Fraudsters Use Late Broadcaster’s Identity in Crypto Scam
Fraudsters are exploiting the identity of late broadcaster Gary Burgess Jersey police have issued warnings about a cryptocurrency scam linked to him Scammers also used...
90% of UK Crypto Firms Fail Licence Due to Fraud Concerns
UK’s FCA reports that 90% of crypto firms lack fraud and money laundering safeguards. Only 14% of firms have successfully registered for crypto licenses. Over...
Himachal Hit by ₹2,000 Crore Crypto Scam Over 3 Years
₹2,000 crore swindled in crypto scams in Himachal Pradesh. 89 arrests made; 20 FIRs filed since 2021. A ₹1,740 crore Bitcoin scam led by Subhash...
A Devious Crypto Scam Unmasked: A Coinbase User’s Close Encounter
In a harrowing event, a Coinbase user, wishing to stay unnamed, reported a sophisticated scam. The user received a text notifying them about a change...
Ukrainian Law Enforcement Agencies Tackle Cybercrime with Seizure of 9 Crypto Exchange Websites
In a coordinated effort, the FBI and Ukrainian police have successfully taken down nine cryptocurrency exchange websites that played a significant role in money laundering...
Hackers Target AT&T Email Users, Stealing Millions in Cryptocurrency
Cybercriminals have reportedly targeted individuals with AT&T email addresses, exploiting a section of the telecom giant’s internal network to generate mail keys for any user....
MetaMask Denies Wallet Exploit Allegations Following Loss of Over 5,000 ETH
Web3 wallet provider MetaMask has been caught up in a dispute following allegations that its wallet was exploited in a major “wallet-draining operation,” resulting in...
SEC Summons Tron Founder Justin Sun, Rapper Soulja Boy, and YouTube Star Austin Mahone Over Unregistered Tokens
The US Securities and Exchange Commission (SEC) has issued a summons for Tron Foundation Ltd. founder Justin Sun, rapper Soulja Boy, and YouTube music star...
SEC Files Lawsuit Against Beaxy for Operating Unlicensed Securities Exchange
The Securities and Exchange Commission (SEC) has filed a lawsuit against Beaxy, its affiliated entities, and executives for operating an unlicensed securities exchange. The lawsuit...