FBI initiative saves thousands from crypto scams, recovers $285 million
The FBI’s initiative to counter crypto investment fraud has helped thousands of victims avoid losing millions of dollars since its launch, according to a...
Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and...
The crypto industry saw ransomware payments decline by 35% in 2024, falling to $813 million from the previous year’s $1.25 billion, according to Chainalysis‘...
Coinbase users reportedly lose over $300M yearly via social engineering scams
On-chain investigator ZachXBT recently shared data revealing that Coinbase users lose more than $300 million annually due to social engineering scams.Over the past few...
Scammers hijack Visa, Dean Norris social media accounts to promote fake Solana tokens
Over the weekend, hackers targeted the social media accounts of Visa and Hollywood actor Dean Norris to promote fraudulent crypto tokens.The incidents have raised...
Trump family’s memecoin launches spark frenzy of scam tokens
The official President Donald Trump memecoin called TRUMP launched on Jan. 17 and soared to a $72 billion market valuation within just two days.Backed...
Hackers exploit booming crypto market, laundering hits $1.3 billion in 2024
Crypto laundering from hacking activities skyrocketed in 2024, with $1.3 billion funneled through illicit methods.On Jan. 13, blockchain security firm Peckshield reported a staggering...
India partners with tech giants Google, Meta to curb ‘pig butchering’ scams
India has intensified efforts to curb crypto-related scams by collaborating with tech giants Google and Meta (formerly Facebook), according to the Ministry of...
How Tether, TRON, TRM Labs froze $100 million in stolen digital assets
T3 Financial Crime Unit (T3 FCU) has frozen criminal assets valued at $100 million across five continents.Formed by Tether, TRON, and TRM Labs...
Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses
Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according...
Rising crypto scams in France trigger crackdown by authorities
The rise of crypto has become a breeding ground for financial scams in France, contributing to a surge in fraudulent activity that has...
