Analysis
Crypto scams and exploits in May led to $60M loss: CertiK
Crypto scams in May pushed the total amount stolen in the industry close to $500 million year-to-date.
Oluwapelumi Adejumo 2 min read
Scams News
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NFTs
NFT artist allegedly battling cancer revealed to be scam
The Pixel Penguins NFT scammer made over $100,000 from the scheme and immediately deactivated their Twitter account.
Hacks
Tornado Cash attacker creates proposal that could restore governance
The seemingly benevolent plan could be a selfish attempt to boost token prices.
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Memecoins
Law firm threatens class action suit against disastrous $PSYOP memecoin
The project raised $7 million but has not yet distributed 90% of allocated funds.
Crime
DOJ charges Nevada man involved in $45M CoinDeal crypto scheme
Bryan Lee worked closely with founder Neil Chandran to misappropriate funds.
Hacks
Crypto Scammers dupe over 14,000 people to make $6.4M from ‘fake token claims’
Aegis Web3 reported that the most profitable phishing scammer gained 1024 ETH from 1,714 victims in nine months.
Memecoins
PSYOP memecoin faces identity crisis amidst questionable token launch
Explore the PSYOP token drama as its creator accuses a rival of imitation, and an independent media studio condemns the project as a scam from top to bottom.
Scams
Former Paxful CEO warns users not to use platform amid spate of scams
Reports of scams emerge after Paxful's re-opening — raising concerns about the integrity of the platform in its current state.
Memecoins
WSB rallies over 200% after suspect offers refund option
The stolen WSB funds were refunded to a multi-sig wallet controlled by WSBMod and two crypto influencers, ZachXBT and Loopify.
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Scams
Yoda coin’s sudden collapse: how investors lost over $129K in Ethereum to a rug pull scam
Scams
Ordinals Finance carries out $1M exit scam
Crime
Spanish police dismantled a crypto scam organization that bagged over $110M
Crime
