
SCAM News
Latest SCAM News

News
Read more - November crypto losses hit $363m, highest in 2023
Several high-profile crypto hacks and scams in November make it the most financially damaging month of the year.

News
Read more - Bitcoin holder claims hacker stole 139 BTC, paid record $3m in fees
A Bitcoin user assumed ownership of hacked funds involved in a record-breaking transaction where miner AntPool received over 83 BTC in fees.

News
Read more - Fraudster disguised as Forbes journalist targets BAYC holders
An attacker pretended to be a Forbes journalist during an interview and tried to steal non-fungible tokens (NFTs) from Bored Ape Yacht Club (BAYC) collectors. The attacker, posing as a Forbes journalist, approached the holder with a request to share…

News
Read more - Nansen’s customers get phishing emails after third-party vendor leak
Scammers have started targeting Nansen’s customers via email by offering fake airdrops after the firm’s third-party vendor suffered data leak. Cybercriminals are sending out phishing emails to Nansen customers exposed in a recent data breach related to one of the…

News
Read more - Fake Elon Musk YouTube streams lead to $165k crypto scam
In a joint effort, SpaceX and BitOK have revealed a fraudulent crypto giveaway orchestrated by scammers impersonating Elon Musk, who managed to raise $165,000 in donations. The scheme was said to involve a deepfake version of Elon Musk in live…

News
Read more - X account of Ethereum L2 Loopring hacked by phishers
Loopring’s X account remained compromised at press time, with the exploiters publishing multiple malicious links promoting a fake LRC airdrop.

News
Read more - Tether freezes $225m USDT tied to DoJ trafficking syndicate investigation
The funds seized by Tether were linked to a “pig butchering” scam that cost U.S. citizens $3.3 billion in 2022, according to the FBI.

News
Read more - Sen. Elizabeth Warren highlights risks of crypto scams targeting senior investors
Senator Elizabeth Warren's proposed Digital Asset Anti-Money Laundering Act, aimed at combating crypto-related scams, ignites a complex debate over the balance between regulation and innovation in the digital finance arena.

News
Read more - President of Dynamic Securities Analytics delivers testimony on crypto crime at House Subcommittee Hearing
During the House Subcommittee on Digital Assets, Financial Technology, and Inclusion hearing held on Nov. 15, Alison Jimenez, an economist and president of Dynamic Securities Analytics, Inc., provided insights into the context of crypto crime, breaking down illicit activities in the realm of digital assets.

News
Read more - ZachXBT issues potential exit scam alert for Lendora Protocol on Scroll
Previous rug pull survivor and anonymous blockchain sleuth ZachXBT shared an alert on Nov. 14 of a possible exit scam for Lendora Protocol, a decentralized lending platform on Scroll.

Follow-up
Read more - New York Judge denies bail for SafeMoon CEO
A federal court ordered Braden Karony to be detained pending his transfer to the Eastern District of New York (EDNY) where the SafeMoon CEO faces crypto fraud charges.

News
Read more - OneCoin compliance head pleads guilty in multi-billion dollar crypto scam
Irina Dilkinska entered a guilty plea weeks after OneCoin co-founder Karl Sebastian Greenwood was sentenced to 20 years in prison for a multi-billion dollar crypto pyramid scheme.

News
Read more - Indian police officers arrested in $300m crypto scam investigation
Eight persons, including four law enforcement officers, were arrested by India’s special investigation team (SIT) in connection to a massive cryptocurrency fraud scheme dating back to 2018.

Markets
Read more - GROK tokens surge as Elon Musk debuts his new AI chatbot
Some tokens that share the same name as Musk’s chatbot Grok surged by more than 30,000% in price, although their legitimacy is unclear. New shady tokens emerge on the decentralized finance (defi) market as American billionaire Elon Musk unveiled his…

News
Read more - Ledger wallet holders lose $800k to fake app
A fraudulent crypto wallet application on the Microsoft store has swindled users out of $768,000 in Bitcoin and Ethereum. On Nov. 5, crypto investigator ZachXBT issued a warning via the X platform (formerly Twitter) about the fraudulent application named Ledger…

News
Read more - Strike accused of alleged data breach
In an Oct. 31 post on X, ZachXBT called out Strike, the global money app, for misleading users.