Safemoon executive pleads guilty in $200M fraud case as project pivots to memecoin strategy
The controversial crypto project Safemoon is now community-controlled eyes revival as a Solana-based memecoin.
Stay alert with crypto scam news, fraud warnings, phishing cases, rug pulls, and investigations into bad actors across the industry.
More than 4,300 potential victims saved by Operation Level Up intervention before millions lost to fraud.
Chainalysis reported that crypto ransomware payments dip as only 30% of victims choose to pay.
The investigator ZachXBT reported two groups abusing social engineering stole $65 million between December 2024 and January 2025.
Increased vigilance urged as scammers take control of Visa, Dean Norris accounts to propagate crypto cons.
Scammers launched more than 6,800 fraudulent tokens to scam users amid the high-profile launch.
Surge in chain hopping and coin mixing signals adaptive strategies by hackers in 2024's chaotic crypto landscape.