
FBI initiative saves thousands from crypto scams, recovers $285 million
More than 4,300 potential victims saved by Operation Level Up intervention before millions lost to fraud.
Stay alert with crypto scam news, fraud warnings, phishing cases, rug pulls, and investigations into bad actors across the industry.
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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.

India intensifies crypto scam crackdown by teaming up with Google and Meta to combat $2 billion loss from "pig butchering" schemes.

The unit collaborates with global authorities to combat financial crime using blockchain forensics across billions in volume.

Over 150,000 addresses involved in pig butchering schemes highlight the urgent need for increased user education and tighter crypto regulations.




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