Search
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
8.10.2024
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find...
Vietnam police bust crypto scam ring linked to offshore actors
4.10.2024
Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims
FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams
10.9.2024
The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlighting the growing exploitation of digital...
Aussies lost $122 million to crypto scams in the last 12 months: AFP
28.8.2024
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.
Arizona AG Warns Scammers Always Find New Ways to Steal Your Money With Crypto
22.8.2024
Arizona Attorney General Kris Mayes has issued a warning about the rising threat of cryptocurrency scams targeting vulnerable individuals, especially seniors. These scams include fraudulent investment schemes, impersonation of businesses or government entities, and blackmail, exploiting...
Australian Securities Regulator Nabbed More Than 600 Crypto Investment Scams in a Year
19.8.2024
The cypro scams amounted to about 9% of the total fake investment platforms taken down in the first year of its investment scam disruption program
Australian regulator claims 58% of crypto ads on Facebook are scams
15.8.2024
Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s policies or involve scams
Wisconsin unveils tracker to fight crypto fraud and investment scams
31.7.2024
The Wisconsin Department of Financial Institutions aims to protect investors from crypto and investment fraud with a new scam tracker based on consumer complaints
Blackrock Warns of Rising Crypto Investment Scams
30.7.2024
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted...
BlackRock imposters target crypto ETF investors
29.7.2024
BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators
BlackRock imposters target crypto ETF investors
29.7.2024
BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators
FTC Warns: Social Media Investment Scams on the Rise
29.6.2024
The U.S. Federal Trade Commission (FTC) has warned consumers about a surge in social media investment scams, especially in cryptocurrency. These scams involve fraudulent messages claiming guaranteed high returns with little or no risk. The FTC advises ignoring such messages and reminds consumers...
FTC issues urgent warning over rising crypto romance scams
11.6.2024
The FTC asked users to report scammers to the government and warn their loved ones about the scam
Canada Warns of Rising Pig Butchering and Crypto Investment Scams
29.5.2024
The Canadian Anti-Fraud Centre (CAFC) has warned about a surge in cryptocurrency scams targeting Canadian citizens.
The post Canada Warns of Rising Pig Butchering and Crypto Investment Scams appeared first on Cryptonews
Romance and crypto scams surge on Canadian dating apps
29.5.2024
Canadian authorities warn against discussing cryptocurrency investments with online matches, advising that such conversations should be considered a red flag
FBI: Crypto Investment Fraud Surged 53% in 2023, Topping $3.94 Billion
10.3.2024
The Federal Bureau of Investigation (FBI) has reported a surge in losses due to cryptocurrency-related investment scams.
The post FBI: Crypto Investment Fraud Surged 53% in 2023, Topping $3.94 Billion appeared first on Cryptonews
UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies Used for Illegal Purposes
26.10.2023
The UK Parliament has passed a bill that allows law enforcement authorities to seize cryptocurrencies associated with illicit activities. This includes investment scams, hacks, terrorism financing, money laundering, and drug trafficking. Per an official announcement on its website, the new bill...
BBB Warns of Rising Crypto Scams on Tiktok — ‘They May Resort to Scare Tactics’
26.9.2023
The U.S. Better Business Bureau (BBB) has issued a warning about a surge in “money-flipping” crypto investment scams on Tiktok. “They may ask for fees several times,” the BBB cautioned, adding that if you question them, “they may resort to scare tactics, telling...
Thailand threatens Facebook over crypto scams and other fraudulent ads
22.8.2023
Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams
Better Business Bureau Warns of Cryptocurrency Investment Scams on Tiktok
20.9.2022
The Better Business Bureau (BBB) has warned about cryptocurrency scams on Tiktok. “You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency,” the...