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Coinbase users hit by $46M in suspected phishing scams — ZachXBT


Coinbase users may have lost as much as $46 million to suspected phishing scams over the past two weeks as rising crypto prices continue to attract bad actors to the industry.Scams such as address poisoning and wallet spoofing involve tricking victims into sending assets to fraudulent wallet...

Spot crypto scams early: California’s new tracker tool, explained


What is California’s crypto scam tracker tool? On Feb. 16, 2023, the Department of Financial Protection and Innovation (DFPI) in California launched the crypto scam tracker tool to help residents spot and avoid crypto scams. The tracker details crypto...

Sophisticated crypto address poisoning scams drain $1.2M in March


Victims of address poisoning scams were tricked into willingly sending over $1.2 million worth of funds to scammers, showcasing the problematic rise of cryptocurrency phishing attacks.Address poisoning, or wallet poisoning scams, involves tricking victims into sending their digital assets...

California financial regulator warns of 7 new types of crypto, AI scams


A California financial regulator says users reported seven new types of crypto and AI scams that it hadn’t seen before through thousands of complaints in 2024. The California Department of Financial Protection and Innovation (DFPI) said in a March 10 statement that it received 2,668...

California financial regulator warns of 7 new types of crypto, AI scams


A California financial regulator says users reported seven new types of crypto and AI scams that it hadn’t seen before through thousands of complaints in 2024. The California Department of Financial Protection and Innovation (DFPI) said in a March 10 statement that it received 2,668...

California financial regulator warns of 7 new types of crypto, AI scams


A California financial regulator says users reported seven new types of crypto and AI scams that it hadn’t seen before through thousands of complaints in 2024. The California Department of Financial Protection and Innovation (DFPI) said in a March 10 statement that it received 2,668...

FBI Races to Get $8.2M in Seized Crypto Back Into Victims’ Hands


Federal authorities move to return $8.2 million in seized cryptocurrency to victims of a widespread crypto fraud scheme that tricked investors through deceptive messages and fake platforms. FBI Seized $8.2M in Crypto—Now They’re Taking Action to Reimburse Victims Federal authorities...

Feds Take Down 73-Year-Old in $2.4M Crypto Conspiracy—Prison Time Looms


A federal jury in Texas has convicted Randall V. Rule, 73, of laundering cryptocurrency linked to various fraud schemes, including romance scams and real estate fraud. Prosecutors revealed that Rule and co-conspirator Gregory C. Nysewander converted illicit funds into cryptocurrency and funneled...

India Seizes $2.8M in Crypto After Raiding 60+ Locations in Gainbitcoin Scam


India’s CBI has seized cryptocurrencies worth approximately $2.8 million in raids across over 60 locations, uncovering key evidence in the Gainbitcoin scam. CBI Seizes Cryptocurrency in Gainbitcoin Scam Raids The Central Bureau of Investigation (CBI) announced this week that it has seized...

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