Scams News

Ransomware payments fell $309M in 2022 from a high of $766M in 2021 as victims refuse to pay OFAC sanctioned attackers

Speaking from Davos, Nouriel Roubini renewed his attack on cryptocurrency and considering the events of 2022, even crypto advocates are starting to agree with him.

FTX had a 'god mode' for a small group of users that allowed for uncollateralized borrowing without record

Of the $20.1 billion in illegal cryptocurrency transactions, 44% came from sanctioned entities.

In address poisoning, scammers exploit absentmindedness when copying and pasting wallet addresses.

Hydra shut down and monthly inflows to Tornado Cash dropped by 68% following sanctions. But Garantex saw monthly inflows more than double.

Being a scam, and hosting failed ICOs are the second and third most common reasons for coin deaths.

Sell pressure dips the Solana price 13% over the last 24 hours triggering more bearish sentiment around the project.

A report by Solidus Labs also detected 117,629 scam tokens released in the first 11 months of the year, and impacted nearly 2 million investors.

Karl Sebastian Greenwood has been convicted four years after his initial arrest.

The U.S. SEC has charged eight individuals for $100 million securities fraud scheme using Twitter and Discord.

Microsoft uncovered malware that is hidden in a pdf file titled "OKX Binance & Huobi VIP fee comparison"

OneCoin crisis manager Frank Schneider is set to be extradited to the U.S. to face trial on two-count charges of wire fraud and money laundering,

Bitboy alleged that Kevin O'Leary was a key player in the Celsius collapse and had close ties to Sam Bankman-Fried.

Blockchain and DeFi-focused security firm Certik discovered a global network of professional KYC actors who bypass KYC processes to spoof crypto communities before an insider hack or exit scam.

Kraken Exchange CSO, Nick Percoco, just announced via a tweet reply that the hackers identity has been discovered

50,676BTC has been taken into U.S. custody following the conviction of Silk Road attacker James Zhong who pleaded guilty on Nov. 4

The SEC alleges members of the Trade Coin Club swindled 82,000 bitcoin from investors by disgusing as a crypto trading bot that promised high investment returns.