Investigating fraudulent and scammy projects.
Crypto ransomware payments fall 40% in 2022
Ransomware payments fell $309M in 2022 from a high of $766M in 2021 as victims refuse to pay OFAC sanctioned attackers
Roubini says 99% of crypto is a scam – ‘you have to stay away’
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.
Alameda had $65B artificial credit line, 43,000% more than FTX market makers
FTX had a 'god mode' for a small group of users that allowed for uncollateralized borrowing without record
Illegal on-chain cryptocurrency activities reach all-time highs of $20.1B
Of the $20.1 billion in illegal cryptocurrency transactions, 44% came from sanctioned entities.
MetaMask warns of ‘address poisoning’ wallet scam
In address poisoning, scammers exploit absentmindedness when copying and pasting wallet addresses.
Sanctions caused cybercriminals to lose $15M in potential revenue in 2 months
Hydra shut down and monthly inflows to Tornado Cash dropped by 68% following sanctions. But Garantex saw monthly inflows more than double.
Low volume killed 66% of coins in last 10 years
Being a scam, and hosting failed ICOs are the second and third most common reasons for coin deaths.
Solana slides again – token down 96% from ATHs
Sell pressure dips the Solana price 13% over the last 24 hours triggering more bearish sentiment around the project.
Report reveals 12% of BNB Chain and 8% of ETH tokens are scams
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.
OneCoin co-founder pleads guilty on fraud, money laundering charges
Karl Sebastian Greenwood has been convicted four years after his initial arrest.
SEC charges eight in $100M social media securities fraud
The U.S. SEC has charged eight individuals for $100 million securities fraud scheme using Twitter and Discord.
Attackers use name of lead exchanges to target crypto startups
Microsoft uncovered malware that is hidden in a pdf file titled "OKX Binance & Huobi VIP fee comparison"
OneCoin crisis manager Frank Schneider to face trial in the US
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 alleges O’Leary was key player in Celsius collapse along with FTX
Bitboy alleged that Kevin O'Leary was a key player in the Celsius collapse and had close ties to Sam Bankman-Fried.
CertiK investigates KYC actors hired to scam the web3 community
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.
FTX hacker identity discovered by Kraken Exchange team
Kraken Exchange CSO, Nick Percoco, just announced via a tweet reply that the hackers identity has been discovered
Over 50K BTC from Silk Road worth officially seized by DOJ after 10 year investigation
50,676BTC has been taken into U.S. custody following the conviction of Silk Road attacker James Zhong who pleaded guilty on Nov. 4