Chinese Woman Pleads Guilty in $6.7 Billion Crypto Fraud Case
A Chinese woman just pleaded guilty in what’s become the biggest cryptocurrency seizure in history, involving over $6.7 billion worth of Bitcoin that was stolen...
Tag : Crypto Scam
Bitcoin Holder Loses Millions in Fake Support Scam
A cryptocurrency investor has lost an enormous amount of Bitcoin worth over $91 million after falling victim to a clever social engineering scam. The victim...
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...
Las Vegas Resident Faces Charges in $45 Million Investment Fraud Scheme
Las Vegas resident Bryan Lee has been indicted by the U.S. Department of Justice (DoJ) on charges related to a fraudulent scheme that defrauded investors...
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...
California Regulator Unveils Crypto Scam Tracker: An Spontaneous Guide to Assessing Fraud Risk
Crypto scams have become a global threat, with scammers luring crypto enthusiasts into their fraudulent projects via highly lucrative advertisements and social media posts. Despite...
NFT Collector Sues OpenSea Following a Phishing Scam
In a move that has shocked the NFT world, Robbie Acres, an avid NFT collector, has taken legal action against OpenSea NFT Marketplace for keeping...
Oracle Attack of $1.26 Million on Solana-Based Lending Platform Solend
The Solana-based lending protocol Solend reported $1.26 million in bad debt due to an oracle attack. PeckShield, a security firm, reported the incident on Wednesday....
India will Spearhead a Push for Worldwide Crypto Legislation to Combat Money Laundering
Nirmala Sitharaman, India’s finance minister, suggested that India will use its next chairmanship of the G20 to advocate for global regulation of cryptocurrencies. Sitharaman, while...
Over $3 Billion Has Been Lost in 125 Crypto Hacks This Year
Despite their fall this year, cryptocurrencies continue to be a digital cash cow for one influential group: hackers. 2/ At this rate, 2022 will likely...