Cryptocurrency Scams News

Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more.

4,307% ROI, guaranteed!!! (and other crypto scams to avoid)

Josef Moser · 2 weeks ago · 5 min read

MoonPirate responds to accusations it is just another Binance Smart Chain “rug pull”

MoonPirate collapses less than half a year after launching on the Binance Smart Chain (BSC), leaving many to question if it was a thinly veiled scam from the start.

Samuel Wan · 3 weeks ago · 2 min read

Block.one under fire over claims its EOS ICO was a shady “pump scheme”

During a year-long initial coin offering (ICO) that ended in 2018, Block.one raised a record $4.2 billion for its EOS token, making it the biggest ICO in history.

Samuel Wan · 3 weeks ago · 2 min read

Hey, hey, hey: SEC sues BitConnect over alleged $2 billion fraud

The United States Securities and Exchange Commission announced today that it has filed an action against BitConnect, its founder, and its top US promoter.

Andjela Radmilac · 3 weeks ago · 2 min read

Scammers turn their attention to NFTs as the crypto subsector sees multimillion dollar mania

NFTs have had quite the roller coaster year.

Samuel Wan · 1 month ago · 2 min read

Cardano bucks downtrend with 5% gains, but millions in ADA still lost in giveaway scams

Cardano is up 5% in the last 24-hours, to $29 at the time of writing, making it the biggest gainer in the top ten.

Samuel Wan · 1 month ago · 2 min read

Logan Paul called out for promoting alleged crypto scam Dink Doink

Popular YouTuber Logan Paul catches heat for promoting a dubious crypto sh*tcoin known as Dink Doink.

Samuel Wan · 3 months ago · 3 min read

‘BitScam’ and ‘CloudScam’ end up scamming 93,000 Bitcoin and Ethereum users

Lookout, an integrated endpoint-to-cloud security company, today announced the discovery of major crypto mining scams using hundreds of Android apps, as per a release shared with CryptoSlate.

Shaurya Malwa · 3 months ago · 2 min read

Dogecoin ‘rival’ token Floki rugpulls…twice

Update 10th July: This article is being reviewed after new information has been provided to CryptoSlate.

Ana Grabundzija · 3 months ago · 2 min read

FaZe Clan fires one, suspends 3 players embroiled in alleged ‘Save the Kids’ crypto scam

FaZe Clan, a Los Angeles-based professional electronic sports (esports) organization, today announced that it has fired its member FaZe Kay as well as suspended three more players—Jarvis, Nikan, and Teeqo—who were involved in promoting cryptocurrency token Save the Kids (KIDS).

Liam Frost · 3 months ago · 2 min read

Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam. Team steals $2 million

Decentralized finance (DeFi) project WhaleFarm joins the fast-growing list of exit scams, hijacking millions as its native token’s value plummeted by almost 100% in minutes.

Ana Grabundzija · 3 months ago · 2 min read

Illegal torrenting identified as source for new Monero (XMR) malware

Avast Antivirus (AA) has turned up a newly discovered Monero mining malware, which they call “Crackonosh.” Crackonosh is distributed as a trojan with cracked software.

Samuel Wan · 3 months ago · 2 min read

Developer ‘rug pulls’ Ethereum DeFi project SharedStake, SGT token falls 95%

Decentralized Ethereum 2 staking protocol SharedStake has a developer on the loose that used the admin key and exploited the protocol’s governance token SGT.

Ana Grabundzija · 3 months ago · 2 min read

1,100 people arrested in China over alleged crypto fraud

Chinese police busted a network of more than 170 criminal groups as they arrested 1,100 suspects involved in money laundering by buying cryptocurrencies, security officials said in a statement.

Ana Grabundzija · 4 months ago · 2 min read

US courts say Apple co-founder Steve Wozniak can’t blame YouTube for Bitcoin scams

A California state judge has ruled that Steve Wozniak, a co-founder of tech giant Apple, can’t sue YouTube over Bitcoin scam videos that used his image, Bloomberg reported today.

Liam Frost · 4 months ago · 2 min read

Chinese state-run TV network draws attention to DeFi scams on Uniswap

CCTV-13, a TV channel that is part of the state-controlled China Central Television (CCTV) network, aired a new report today, highlighting how easy malicious actors can create fraudulent tokens and sell them on decentralized finance (DeFi) platforms such as Uniswap.

Liam Frost · 4 months ago · 2 min read

South Koreans lost $5 billion to crypto crimes in the past four years

South Korean police arrested 14 people involved in a cryptocurrency fraud case totaling $3.5 billion earlier this month, bringing the country’s losses to $5 billion in the last five years, reported the South Korean daily newspaper Hankyoreh on the 26th.

Ana Grabundzija · 4 months ago · 1 read

FBI plans to put warning signs on Bitcoin ATMs to hinder scammers

The Cuyahoga County (United States state of Ohio) Scam Squad and the Federal Bureau of Investigations (FBI) have issued a public warning as scammers began to actively use Bitcoin (BTC) ATMs to defraud people, TV channel News 5 Cleveland reported on Tuesday.

Liam Frost · 5 months ago · 2 min read

This crypto scammer ended up scamming himself on PancakeSwap

There’s something highly satisfying when karma strikes.

Samuel Wan · 5 months ago · 2 min read

62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’

Turkish police have detained 62 people across eight provinces in connection to an ongoing investigation into local crypto exchange Thodex going dark, news agency Associated Press reported today.

Liam Frost · 5 months ago · 2 min read

Cardano (ADA) DeFi ecosystem gets a $100 million boost via EMURGO

Why Binance Smart Chain and PancakeSwap remain an important part of DeFi

Over $1 billion worth of Ethereum (ETH) now burned after EIP-1559 update

Vitalik Buterin: Ethereum (ETH) scalability has increased by a factor of 5

Iconic James Bond ‘007’ franchise jumps on the NFT bandwagon

Snoop Dogg is rebuilding his real-life mansion in The Sandbox NFT metaverse

There’s now fewer liquid Bitcoin to purchase than at 2018’s ‘generational lows’

Ripple (XRP) has no plans to settle SEC lawsuit. It’s prepared to go to trial

What now for Bitcoin (BTC) as mining hashrate rises twice in the last 90 days

Where now for Dogecoin as the Shiba Inu-inspired token continues to slide?

Kusama parachain Moonriver records 1 million transactions in just 3 weeks

Latest Scams News

4,307% ROI, guaranteed!!! (and other crypto scams to avoid)

MoonPirate responds to accusations it is just another Binance Smart Chain “rug pull”

Block.one under fire over claims its EOS ICO was a shady “pump scheme”

Hey, hey, hey: SEC sues BitConnect over alleged $2 billion fraud

Scammers turn their attention to NFTs as the crypto subsector sees multimillion dollar mania

Cardano bucks downtrend with 5% gains, but millions in ADA still lost in giveaway scams

Logan Paul called out for promoting alleged crypto scam Dink Doink

‘BitScam’ and ‘CloudScam’ end up scamming 93,000 Bitcoin and Ethereum users

Dogecoin ‘rival’ token Floki rugpulls…twice

FaZe Clan fires one, suspends 3 players embroiled in alleged ‘Save the Kids’ crypto scam

Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam. Team steals $2 million

Illegal torrenting identified as source for new Monero (XMR) malware

Developer ‘rug pulls’ Ethereum DeFi project SharedStake, SGT token falls 95%

1,100 people arrested in China over alleged crypto fraud

US courts say Apple co-founder Steve Wozniak can’t blame YouTube for Bitcoin scams

Chinese state-run TV network draws attention to DeFi scams on Uniswap

South Koreans lost $5 billion to crypto crimes in the past four years

FBI plans to put warning signs on Bitcoin ATMs to hinder scammers

This crypto scammer ended up scamming himself on PancakeSwap

62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’

Cardano

Solana

Internet Computer

Bitcoin

Kava

Algorand

Fantom

Dogecoin

EthereumMax

PancakeSwap

Chainlink

Alchemix

XRP

Input Output (IOHK)

Coinbase

FTX

Glassnode

Ripple

Nayib Bukele

Elon Musk

Brian Armstrong

Sam Bankman-Fried

Latest Scams News

MoonPirate responds to accusations it is just another Binance Smart Chain “rug pull”

Block.one under fire over claims its EOS ICO was a shady “pump scheme”

Hey, hey, hey: SEC sues BitConnect over alleged $2 billion fraud

Scammers turn their attention to NFTs as the crypto subsector sees multimillion dollar mania

Cardano bucks downtrend with 5% gains, but millions in ADA still lost in giveaway scams

Logan Paul called out for promoting alleged crypto scam Dink Doink

‘BitScam’ and ‘CloudScam’ end up scamming 93,000 Bitcoin and Ethereum users

Dogecoin ‘rival’ token Floki rugpulls…twice

FaZe Clan fires one, suspends 3 players embroiled in alleged ‘Save the Kids’ crypto scam

Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam. Team steals $2 million

Illegal torrenting identified as source for new Monero (XMR) malware

Developer ‘rug pulls’ Ethereum DeFi project SharedStake, SGT token falls 95%

1,100 people arrested in China over alleged crypto fraud

US courts say Apple co-founder Steve Wozniak can’t blame YouTube for Bitcoin scams

Chinese state-run TV network draws attention to DeFi scams on Uniswap

South Koreans lost $5 billion to crypto crimes in the past four years

FBI plans to put warning signs on Bitcoin ATMs to hinder scammers

This crypto scammer ended up scamming himself on PancakeSwap

62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’