Scams
Indian crypto investors have lost $128 million due to fake exchanges and wallets
An estimated $128 million has been stolen by scammers who setup fake cryptocurrency exchanges in India.
Anthony Clarke 3 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
Crime
Dogecoin gaining popularity for illegal activities, Elliptic report says
Elliptic revealed that there have been several instances where the popular meme coin have been used by bad actors for their gain.
Hacks
Chainalysis unveils a 24/7 hotline for victims of cryptocurrency crimes
Chainalysis response service will match crypto crime victims with a team of investigative experts to trace the funds and attempt their recovery.
Latest Scams News & Analysis
Crime
CipherTrace report shows a decline in illicit activity in the crypto ecosystem
CipherTrace reported that crypto crimes has reduced and the crypto ecosystem has grown exponentially in recent years.
Scams
Richard Branson ramps up efforts to end crypto scams using his name
Branson has directed his legal team to confront social media companies that host false crypto advertisements bearing his name.
Rumors
Do Kwon denies fresh allegations of withdrawing $2.7B from Terra ecosystem via Degenbox
Do Kwon has denied fresh allegations claiming he withdrew roughly $2.7 billion from the Terra ecosystem via Degenbox.
Scams
Newspaper Twitter account hacked to promote Goblintown phishing scam
The hacker behind the goblintown.wtf scam is also responsible for the attack on the Azuki Beanz NFT project.
Scams
New crypto scam targets tech savvy individuals
The FBI has alerted the public to the prevalence of this “pig slaughtering” scam technique saying it received over 4,300 complaints about it in 2021.
Regulation
Australian consumer group calls for urgent regulation of crypto
With a few crypto exchanges shutting down and an increase in scams, crypto investors want the same level of protection as stock traders.
