Top Stories
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
Feature
Hackers used Tenev's account to launch a token that cannot rug and pays them fees forever. The rug pull just became a yield product.
News
The U.S. Department of Justice has moved to forfeit more than $25 million in cryptocurrency recovered from five investigations into international fraud networks that allegedly tricked victims in the United States and Canada through fake crypto investment schemes. According to…
News
Pakistan’s FIA launches a crypto crime unit to investigate money laundering and terror financing as digital asset regulation expands.
News
Taiwan has sentenced the alleged mastermind behind the BitShine crypto exchange to 22 years in prison after finding he led a fraud and money laundering operation that prosecutors said caused more than NT$1.27 billion ($39 million) in losses to over…
News
Hong Kong Interbank Clearing Limited has uncovered multiple counterfeit websites that use cash rewards and virtual wallet transactions to steal personal and banking information from users. According to a July 10 notice from Hong Kong Interbank Clearing Limited (HKICL), the…
News
Coinspect warns Ill Bloom weak randomness flaw put thousands of wallets at risk, with $5M moved from exposed accounts since May 27.
News
French police have arrested two suspected fraudsters accused of stealing about $1.8 million in cryptoassets from a wealthy couple during a fake villa sale after a year-long investigation. According to French newspaper Var-Matin, French police from the Gassin–Saint-Tropez gendarmerie arrested…
News
India has opened an investigation after reports alleged that Indian nationals were trafficked into Myanmar and forced to carry out crypto fraud operations inside cyber scam compounds. According to police in the western Indian state of Maharashtra, authorities have registered…
News
Peter Stokes, 19, was extradited to the U.S. over an alleged $8M crypto ransom plot tied to Scattered Spider, DOJ says after Finnish arrest.
News
The launch of the Ripple-backed Open USD (OUSD) stablecoin has been overshadowed by a suspected fake issuer account that XRP Ledger validators have warned users not to trust. Validators say the listed OUSD issuer cannot be verified According to XRP…
News
47 Ronin director Carl Rinsch gets 30 months for misusing $11M in Netflix funds on Dogecoin, stock trades, and luxury goods, DOJ says.
News
SEC wins default judgment in NanoBit crypto fraud case, with defendants ordered to pay over $5.5M after alleged WhatsApp investor scam.
News
Taiko says its June 21 attack path is closed and plans a four-step restart after a bridge exploit raised safety concerns for users.
News
Yi He warned users about an alleged Binance impersonation scam as CoinUp denied Zhu Pan links and CPX volatility drew scrutiny online.
News
Japanese authorities have arrested a senior figure allegedly linked to Cambodia’s Prince Group, a conglomerate that U.S. officials have tied to a multibillion-dollar cryptocurrency fraud and money laundering network. The Asahi Shimbun reported that Tokyo’s Metropolitan Police Department arrested Hu…
News
A Florida man has pleaded guilty to operating an unlicensed money-transmitting business tied to HyperFund, a crypto investment scheme that U.S. authorities have described as a fraud that collected roughly $1.8 billion from investors. The U.S. Attorney’s Office for the…
