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Crypto Scam News
Scams remain a major issue in crypto, with scam news exposing fraudulent projects, Ponzi schemes, and phishing attacks. Investors face risks from fake tokens, rug pulls, and phishing websites that steal private keys. As regulators crack down on bad actors, education and security measures remain vital in preventing fraud.
Top Crypto Scam Stories
Latest Crypto Scam News
News
A case from Australia saw 15 victims lose $2.5 million. Scammers target the elderly.
News
Hacker Nicholas Truglia’s 18-month prison sentence has been upgraded to 12 years after he failed to pay $20 million in restitution for the victim of a SIM-swap he conducted back in 2018. According to a report by the Inner City…
BTC
Bitcoin
News
U.S. authorities have charged two men for running a crypto investment scam that defrauded thousands of investors. According to an indictment unsealed on Monday, co-founders Michael Shannon Sims and Juan Carlos Reynoso launched the fake investment platform in 2019, ran…
News
Two men have been sentenced to a combined 12 years in prison for a £1.5 million crypto cold-calling scam, amid a wider crackdown by the UK’s FCA on financial fraud and illegal promotions. On July 4, two men were sentenced…
News
In the first half of 2025, the blockchain industry suffered over $2.37 billion in losses due to security incidents, with the DeFi sector hit the hardest. Scams targeting individual users have also proliferated, with AI enabling increasingly sophisticated schemes. According…
ETH
Ethereum
News
WhiteRock’s native token has plunged nearly 25% in the past 24 hours amid reports that its founder, Ildar Ilham, has been arrested in the United Arab Emirates. The price of WhiteRock (WHITE), the token that powers the on-chain brokerage for…
News
Four North Korean nationals have been charged by the U.S. Department of Justice for stealing nearly $1 million in cryptocurrency from American and international blockchain companies. According to the indictment released on Monday, June 30, the suspects allegedly posed as…
Markets
Nasdaq-listed Nano Labs Ltd is making a massive bet on Binance coin (BNB) and has unveiled plans to acquire the token through convertible notes and private placements. According to a press release dated June 24, China-based Web3 infrastructure provider Nano…
BNB
BNB
News
Scammer stole $4 million from Coinbase, but was not very diligent in covering up his trail.
News
A new phishing campaign is targeting cryptocurrency users by impersonating Aave, one of the most widely used decentralized finance platforms. On June 20, web3 security firm Scam Sniffer issued a warning that fake Aave (AAVE) ads were appearing at the…
News
Crypto venture capital firm a16z (Andreessen Horowitz) has regained control of its official X account after hackers briefly took it over to promote a fraudulent token. On June 18, 2025, the official X account of a16z was compromised, granting unauthorized…
News
The United States Department of Justice has filed an enforcement action as it moves to seize more than $225 million in cryptocurrency tied to massive pig butchering scams. On June 18, the U.S. Attorney’s Office said it had filed a…
USDT
Tether
News
On-chain investigator ZachXBT revealed links between the RWA project WhiteRock with the notorious ZKasino rug pull.
Feature
Criminals are using in-person crypto events to launch phishing campaigns and impersonation scams, Kraken warns. By now, it’s no secret that crypto is becoming mainstream, and with it, a bigger target. From Dubai’s skyline to Singapore’s high-tech halls, crypto conferences…
News
South Africa-based Vera is launching a blockchain-based verifiable communications for businesses.
News
More than 40% of big frauds in 2024 involved deepfakes, Bitget report reveals.
Opinion
