Crypto firms among top targets of audio and video deepfake attacks
Crypto companies are among the most affected by audio and video deepfake frauds in 2024, with more than half reporting incidents in a...
Scammer who stole 4,100 Bitcoin appears in US court charged with wire fraud
Singaporean national Malone Lam has appeared in court in the United States after being charged for allegedly stealing over 4,100 BTC, currently valued...
$30 million international crypto fraud from 2018 kicks off trial in France
A major fraud trial involving crypto and diamond investments has opened in France, bringing over 20 defendants to court on charges of defrauding...
Law enforcement in Delhi and Hong Kong crack down on major crypto scams
Delhi Police have seized over 100,000 USDT in digital assets and arrested several individuals involved in a sophisticated fraud operation, per The Hindu....
Crypto losses from hacks, scams soar to $750 million in Q3 – CertiK
Malicious actors stole more than $750 million in various crypto-related hacks and scams during the third quarter, pushing total losses for the year...
Federal agencies team up to fight surge in ‘pig butchering’ crypto scams
The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto scams known as...
Hackers compromise McDonald’s Instagram account to conduct $700k rug pull
Fast food chain McDonald’s’ Instagram profile promoted a scam memecoin deployed on Solana (SOL) after being compromised. The token — called GRIMACE —...
Binance blocks $2.4 billion in potential crypto scams in 2024
Binance, the largest crypto exchange by trading volume, announced that it had prevented over $2.4 billion in potential user losses from scams and...
How traders make over $60k per week rugging 98% of memecoins on Pump.Fun
Rugging, a term for deceptive and fraudulent crypto practices, is rampant in some areas of the crypto industry, with some individuals, like the...
Minnesota Crypto Scam Costs Couple Over $9 Million – CryptoMode
An elaborate crypto scam unfolded in Minnesota, leaving a resident defrauded of $9.2 million across 21 transactions. The victim fell prey to the cunning...
