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Crypto Scam News
Top Crypto Scam Stories
Latest Crypto Scam News
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A U.S. federal court has sentenced a key figure behind a global cryptocurrency investment scam to 20 years in prison, capping one of the largest crypto-fraud prosecutions tied to so-called “pig butchering” schemes. The operation defrauded victims of more than…
News
The Chinese-language guarantee marketplace Xinbi has continued to operate at scale despite sustained enforcement efforts targeting illicit crypto infrastructure, recording approximately $17.9 billion in total transaction volume since mid-2025, according to on-chain analysis from TRM Labs. Data shows Xinbi has…
News
Two routine copy-and-paste actions erased $62 million in crypto over December and January, exposing how basic wallet habits are becoming one of Ethereum’s biggest security risks. ScamSniffer said in a post on X on Feb. 8 that one victim lost…
ETH
Ethereum
News
A data analysis shows crypto press release wires are dominated by scam-linked projects, hype-driven content and low-impact announcements, raising concerns about credibility and media trust.
News
Fasial Tariq, co-founder of Paradox Metaverse dubbed a “Ponzi” by crypto investigator Coffeezilla, has been linked to what UK authorities call the world’s largest seizure of illegal weight-loss drugs. The Medicines and Healthcare Products Regulatory Agency raided an industrial estate…
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MetaMask users are at risk of a new “2FA verification” phishing scam that steals their seed phrase under the guise of improving security. According to blockchain security firm SlowMist, MetaMask users are receiving a spoofed email that creates a false…
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Pi Network has temporarily disabled wallet payment requests after a surge in scam incidents targeting users with large balances. In a Dec. 30 post on X, the Pi Core Team warned users that scammers have been abusing the payment request…
PI
Pi Network
News
A user lost nearly $50m in a stablecoin address poisoning scam after copying a fake address, as U.S. senators push the SAFE Crypto Act to tackle rising crypto fraud. A cryptocurrency user lost nearly $50 million in an address poisoning…
BTC
Bitcoin
News
700Credit says a network breach exposed names, Social Security numbers and financial data of 5.8m+ Americans, prompting regulators and law firms to warn of identity theft risks. A data breach at credit reporting firm 700Credit has potentially exposed personal information…
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Binance co-CEO Yi He’s old WeChat account was hacked on Dec. 9, allowing scammers to push a memecoin called MUBARA in a coordinated pump-and-dump. Binance co-CEO Yi He, newly appointed to serve alongside Richard Teng, became the target of a…
USDT
Tether
News
Scammers used a fake DBS crypto trading app and WhatsApp group to steal over $130,000 from a retired engineer, prompting cybercrime warnings from authorities. Authorities have issued warnings about fraudulent crypto trading investment schemes following an incident in which a…
News
The United States Justice Department has seized a web domain linked to a scam compound in Burma that ran cryptocurrency investment scams. U.S. authorities have shut down the domain tickmilleas.com, which posed as a trading platform but was actually part…
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Monad’s first week on mainnet hasn’t been entirely smooth, with users now reporting spoofed ERC-20 token transfers after mainnet launch. Reports regarding widespread spoofing incidents began circulating on Tuesday, Nov. 25, a day after the mainnet debut. Monad co-founder and…
ETH
Ethereum
News
U.K. authorities have opened a criminal investigation into Basis Markets, a failed crypto hedge fund accused of fleecing retail investors out of $28 million. Two men, believed to have played key roles in operating the scheme, were arrested on Monday…
News
Travis Ford, the co-founder of Wolf Capital Crypto Trading Company, has been sentenced to five years in prison after being found guilty over his role in a $9.4 million crypto Ponzi scheme.
BTC
Bitcoin
Follow-up
Davis, a crypto entrepreneur, proved persuasive enough to reportedly enlist Javier Milei, Melania Trump, and even Kanye West in promotional efforts tied to his memecoins.
