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Food fraud costs $50B yearly — Can blockchain stop it?
18.6.2025
Blockchain has already played a role in protecting consumers against food fraud, but there are lessons to be learned before it starts to truly pay off
Food fraud costs $50B yearly — Can blockchain stop it?
18.6.2025
Blockchain has already played a role in protecting consumers against food fraud, but there are lessons to be learned before it starts to truly pay off
$680K From Crypto Exploit Recovered: DOJ Returning Funds to Victim
16.6.2025
The U.S. Department of Justice has recovered $680,000 tied to a crypto exploit and is in the process of returning funds stolen through a Safemoon smart contract vulnerability. DOJ Recovers Funds Exploited in Safemoon Attack The U.S. Department of Justice (DOJ) announced on June 12 that it...
Gotbit Ordered to Dissolve After DOJ Seizes $23M in Crypto
14.6.2025
The DOJ shut down Gotbit in a sweeping crackdown, seizing $23 million in crypto and exposing years of fake trading volume that misled investors and platforms. DOJ Forces Market Manipulator Gotbit to Shut Down The U.S. Department of Justice (DOJ) announced on June 13 that Gotbit Consulting LLC,...
Hit by a Crypto Scam? Ohio Offers 6 Steps to Take Before It Gets Worse
13.6.2025
Ohio’s six-step crypto fraud rescue plan puts victims in control, arming them with powerful tools to freeze wallets, preserve evidence, protect identities, and fight back. Ohio’s 6-Step Blueprint for Crypto Scam Victims: From Wallet Freeze to Reporting The Ohio Attorney General’s Office published...
Court Slams My Big Coin With $25M Penalty Over False Cryptocurrency Claims
13.6.2025
A staggering $25 million in penalties and restitution has been levied in a landmark federal court ruling, exposing a sham crypto project that duped investors with bogus claims of gold backing and market viability. CFTC Secures Judgment Against My Big Coin for Crypto Fraud Scheme The Commodity...
Australia Cracks Down on Crypto ATM Providers as Scammers Target the Elderly
4.6.2025
Anti-money laundering regulator AUSTRAC obtained data showing that 72% of all crypto ATM transactions are carried out by people over the age of 50
Blockchain can end the food fraud crisis, but it’s a costly battle
4.6.2025
Blockchain has already played a role in protecting consumers against food fraud, but there are lessons to be learned before it starts to truly pay off
Blockchain Firm Veraviews Launches Fraud-Focused UAE Ad Exchange
4.6.2025
Blockchain-powered advertising firm Veraviews has launched the UAE’s first domestically developed advertising exchange and supply-side platform. Veraviews SSP Targets UAE Ad Transparency The Dubai-based blockchain company Veraviews introduced the Ad Exchange and SSP under the United Arab...
Bitget Launches Second Year of Anti-Scam Month Campaign to Fight Growing Cyber Fraud
3.6.2025
This content is provided by a sponsor. Victoria, Seychelles, June 3, 2025—Bitget, the leading cryptocurrency exchange and Web3 company, has officially launched the second year of its Anti-Scam Month, a global initiative run to spread crypto security awareness. In a world where scams have become...
MEXC Reports 200% Surge in Coordinated Fraud Attempts in Q1 2025
3.6.2025
Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia...
Kurdistan Orders Crypto Crackdown After $15M Fraud Case
3.6.2025
The Kurdistan Regional Government (KRG), the official executive body of the semi-autonomous Kurdistan Region in northern Iraq, has ordered the Ministry of Interior to create a special committee to shut down companies operating in the fields of electronic trading and digital currencies....
MEXC exchange detects 200% surge in fraudulent activity in Q1
30.5.2025
MEXC chief operating officer Tracy Jin said the fraud was primarily caused by social engineering scams targeting new, uneducated users
MEXC exchange detects 200% surge in fraudulent activity in Q1
30.5.2025
MEXC chief operating officer Tracy Jin said the fraud was primarily caused by social engineering scams targeting new, uneducated users
Vietnamese Woman Arrested in Thailand Over Alleged $300M Crypto Scam
28.5.2025
Ngo Thi Theu was allegedly a key figure in a network that involved 35 officials and over 1,000 employees working across 44 call centres in Vietnam
Judge Overturns Convictions in Mango Markets Exploiter’s Crypto Fraud Case
24.5.2025
The judge ruled that prosecutors failed to prove Eisenberg made false representations to the platform, which operated through smart contracts
Judge overturns fraud convictions in Mango Markets exploit case
24.5.2025
A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets.On Friday, US District Judge Arun Subramanian ruled that the evidence presented at trial...
US Recovers $2.5M in Crypto From Schemes Preying on Market FOMO
24.5.2025
Federal agents recovered $2.5 million in crypto from fraudulent investment schemes, underscoring an aggressive push to restore trust and integrity across digital asset markets. Federal Agents Just Froze Millions in Crypto—Here’s What They Found The U.S. Department of Justice (DOJ) announced on...
Unicoin Executive Who Put Bounty on Vladimir Putin’s Head Charged With $110M Fraud
23.5.2025
The U.S. Securities and Exchange Commission (SEC) has charged Alexandre Konanykhin with securities fraud after he allegedly swindled more than 5,000 unsuspecting investors by inflating the value of his company’s Unicoin tokens. SEC Accuses Unicoin Leadership of $110M Investor Scam “Wanted dead...
Safemoon CEO Found Guilty in Major Crypto Fraud, Could Serve 45 Years
22.5.2025
Safemoon’s explosive rise was fueled by a massive fraud scheme, as its CEO was convicted for looting investor funds, lying about locked liquidity, and laundering millions. Safemoon CEO Faces 45 Years as Liquidity Pool Lies Lead to Federal Conviction The U.S. Department of Justice (DOJ) announced...