Scams
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.
Soumen Datta 2 min read
Scams News
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Scams
MetaMask warns of ‘address poisoning’ wallet scam
In address poisoning, scammers exploit absentmindedness when copying and pasting wallet addresses.
Analysis
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.
Latest Scams News & Analysis
Analysis
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.
Bear Market
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.
Scams
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.
Legal
OneCoin co-founder pleads guilty on fraud, money laundering charges
Karl Sebastian Greenwood has been convicted four years after his initial arrest.
Legal
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.
Hacks
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"
