Scams News

Warnings and breakdowns of frauds, rug pulls, and phishing in the crypto industry.

Stories 410 in this category

Coverage footprint 1.7% of all CryptoSlate stories

Polymarket faces major credibility crisis after whales forced a “YES” UFO vote without evidence

Late-night traders bought odds at 99 cents just before a token-weighted vote overruled the public consensus, exposing a massive flaw in "truth" markets.

Crypto ransomware payments fall 40% in 2022

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’

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

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

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

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

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

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

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

Scams 3 years ago

OneCoin co-founder pleads guilty on fraud, money laundering charges

Legal 3 years ago

SEC charges eight in $100M social media securities fraud

Legal 3 years ago

Attackers use name of lead exchanges to target crypto startups

Hacks 3 years ago