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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.
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
24.8.2024
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal...
99 Arrested in Philippine Crypto Scam Hub Raid
23.8.2024
Philippine police have arrested 99 individuals during a raid on a suspected scam hub in Parañaque City, uncovering a fraudulent cryptocurrency and romance scheme involving foreign and local workers. The company was unregistered and forced employees into compromising roles. Philippine Police Bust...
Crypto pyramid scheme leader extradited to China after global pursuit
23.8.2024
As digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases
OmegaPro co-founder arrested over $4 billion crypto scam
23.8.2024
Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.
FBI Recovers $5 Million From Pig Butchering Crypto Scam
23.8.2024
Authorities in North Carolina have seized nearly $5 million in cryptocurrency linked to an investment fraud scheme. The scheme, known as “pig butchering,” involved criminals creating fake romantic relationships to deceive victims into investing in fraudulent cryptocurrency platforms....
615 Crypto Scam Sites Dismantled by Australian Regulator
22.8.2024
The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced detection techniques have enabled ASIC to swiftly take...
McDonald’s Instagram hackers make $700K shilling Grimace memecoin
22.8.2024
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
McDonald’s Instagram hackers make $700K shilling Grimace memecoin
22.8.2024
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
Ava Labs COO’s X account suspected as hacked after posting memecoin
19.8.2024
The X account of Ava Labs’ operating chief, Luigi D’Onorio DeMeo, has been touting memecoins and other suspicious links, prompting many to warn it's likely a phishing scam
Bitrace warns of new crypto scam using QR codes
8.8.2024
The scam starts with a small payment of Tether (USDT) to the user
Bitrace warns of new crypto scam using QR codes
8.8.2024
The scam starts with a small payment of USDT to the user
FBI issues warning about scammers impersonating crypto exchanges
2.8.2024
The FBI urges victims to report scam activities through official channels and provide any transaction information related to the scam
FBI issues warning about scammers impersonating crypto exchanges
2.8.2024
The FBI urges victims to report scam activities through official channels and provide any transaction information related to the scam
China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
31.7.2024
Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago
Neiro memecoin developer makes $2.85M profit after apparent rug pull
29.7.2024
The developer wallet made an over 5,100-fold return on his initial $550 investment
HK police arrest four, including teen, in HK$11M crypto fraud
28.7.2024
The authorities continue to urge the public to remain cautious and verify the legitimacy of financial transactions to avoid falling victim to such elaborate scams
Beware fake conferencing software targeting crypto assets, warns SlowMist founder
26.7.2024
An X user called “maxlin.eth” encountered a job-hunting scam where the attackers jumped into a Zoom call and tricked a potential victim into downloading a malicious app
Fake ‘professors’ use phoney loans to trick victims in latest crypto scam
17.7.2024
The scam often starts on a Facebook ad where those interested click the link and are met with a “Letter from the Professor” or “Letter from the Dean” on the company website
Fake ‘professors’ use phoney loans to trick victims in latest crypto scam
17.7.2024
The scam often starts on a Facebook ad where those interested click the link and are met with a “Letter from the Professor” or “Letter from the Dean” on the company website