Legal
Australia creates special crypto police unit to crack down on money laundering
In the first four months of 2022, crypto scam losses in Australia grew 166% to $140 million, compared to the same period in 2021.
Monika Ghosh 2 min read
Scams News
Stay alert with crypto scam news, fraud warnings, phishing cases, rug pulls, and investigations into bad actors across the industry.
Coverage footprint 1.7%
Top Scams Stories
Scams
FatManTerra educates community on crypto scams by creating fake investment scheme
Crypto Influencer FatManTerra shared a fake investment scheme that attracted over $100k from his followers. He has called off the trick and warned the community against falling for crypto investment scams.
Scams
UK judge rules to extradite Christopher Hamilton to US for trial on OneCoin scam
Two Britons Hamiton and McDonalds had filed to avoid extradition the US. A UK Judge, however, ruled that Hamilton will proceed for trials in the US, while McDonald will remain in the UK.
Latest Scams News & Analysis
Scams
Thodex founder arrested in Albania
Thodex founder Fatih Özer was arrested in Albania on Aug. 31 and is set to be deported back to Turkey.
Scams
Dogechain developer wallet caught dumping 1 million tokens a minute
So far, the Dogechain Twitter has not addressed concerns of token dumping just one day after DC airdrop distribution.
Scams
SudoRare developers reap $815,000 from rug pulling project
Six-day old SudoRare protocol has cost investors $815,000 after developers shut down the project.
Regulation
CommerceBlock CEO slams US Treasury Department’s crackdown on Tornado Cash, says it ‘makes little sense’
The U.S. Department of Treasury sanctioned the crypto mixer Tornado Cash website on August 8, claiming that cybercriminals with affiliations to North Korea have been using it to launder money.
Scams
Over $1M lost in Polygon-based Dragoma rug pull
Blockchain security company PeckShield first reported the alleged rug pull, noting the sharp decline in the value of Dragoma's token DMA.
Rumors
DeFi Sybil attack created $7.5B fake TVL on Solana from ‘anon’ developers
How did two brothers from Texas create $7.5 billion worth of fake TVL on Solana and what is the wider implication for Sybil resistance in a decentralized, open-source ecosystem?
More Scams News Headlines
Hacks
Chainalysis reports $2B lost in cross-chain bridge hacks
Scams
North Koreans reportedly targeting crypto jobs for insider access
Scams
U.S. Senator seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps
Exchanges
