As Scrutiny Intensifies, California Cracks Down on Cryptocurrency Scams
As part of its efforts to enforce California securities laws, California’s Department of Financial Protection and Innovation has released desist and refrain orders against 11...
Category : Crypto Scams
China’s Police Have Detained a Criminal Gang Accused of Laundering More Than $5 Billion in Crypto
During a press conference on 23 September 2022, the Hengyang County Public Security Bureau in China discussed the “100-day operation” of the Summer Public Security...
A South Korean Court Issues an Arrest Warrant for Terra’s Do Kwon
Do Kwon, co-creator of Terraform Labs, the company behind the Tera Luna and Terra Classic USD cryptocurrencies, is the subject of an arrest warrant (LUNA)....
The U.S. Treasury has provided withdrawal guidelines for Tornado Cash Customers
Customers of the now-banned cryptocurrency mixer Tornado Cash have been given withdrawal guidelines by the U.S. Treasury. On August 8, the Treasury added Ethereum (ETH)-based software to the Specially Designated Nationals list, saying there was a “national security concern” with...
A lawyer from Pune was duped in a cryptocurrency scam by BitConnect
A Pune lawyer has filed an FIR after being conned of Rs 42 crores in a Bitcoin scam by BitConnect, a crypto investment platform. For...
Solana-Based Hack Compromised Thousands of Wallets
This is the third time a hack has been attempted this week. However, private keys have recently been the target of a worldwide attack, and...
Imran Khan’s Instagram account was hacked for a short time
Imran Khan, Chairman of the Pakistan Tehreek-i-Insaf (PTI), had his Instagram account hacked for a short period of time on Monday. The hackers used his...
The Terraform Labs probe led authorities to raid South Korean crypto exchanges
The Terraform Labs controversy continues to gain attention throughout the crypto industry, and the South Korean authorities are taking steps to unravel the alleged fraud...
FBI: 244 investors lost $40 million to fake crypto apps
The FBI has warned the general public after hackers who pretended to be trustworthy companies stole more than $40 million from US investors. The study...
Over half of financial pyramids included cryptocurrency in 2022: Russian Bank Says
Scammers seem to have increased their activity at a time when Russia is encircled by Western sanctions. Many Russian fraudsters pretend to be approved by...