Crime
$30 million international crypto fraud from 2018 kicks off trial in France
Fraudsters impersonated agents to con professional football clubs, totaling €60,000 in redirected salaries to their accounts.
Liam 'Akiba' Wright 3 min read Scams News
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Liam 'Akiba' Wright 3 min read 
Crime
Law enforcement in Delhi and Hong Kong crack down on major crypto scams
Fraudsters posed as government officials, luring investors with false promises of renewable energy profits.
Hacks
Crypto losses from hacks, scams soar to $750 million in Q3 – CertiK
Ethereum and Bitcoin blockchain networks were increasingly targeted by malicious actors duing the period.
More Scams News & Analysis
Regulation
Federal agencies team up to fight surge in ‘pig butchering’ crypto scams
CFTC collaborates with the SEC, FINRA, and others to fight crypto scams exploiting online relationships and draining billions.
Memecoins
Hackers compromise McDonald’s Instagram account to conduct $700k rug pull
The group identified as India_X_Kr3w managed to snag $700,000 after gradually dumping their GRIMACE holdings.
Exchanges
Binance blocks $2.4 billion in potential crypto scams in 2024
Binance said its efforts protected more than 1 million of its users.
Memecoins
How traders make over $60k per week rugging 98% of memecoins on Pump.Fun
Phantom describes "mass sniper" method making it easy for anyone to execute rug pulls and deceive investors.
Regulation
Australia’s ASIC shuts down 615 crypto scam sites amid $1.3 billion fraud surge
The financial regulator decried the proliferation of scam websites luring Australians to invest in fraudulent schemes.
Scams
Ransomware and theft drive over $2 billion in illicit crypto activity in 2024 – Chainalysis
The amount of crypto moved through stolen funds has risen by 84% in 2024, while ransomware grew by 2% in the same period.
Latest Scams News Headlines
Scams
SEC charges NovaTech founders, promoters with $650 million crypto fraud
Crypto
Phishing scammer returns $10 million to victim 10 months after $24 million Ethereum heist
Crime
OCCRP investigation reveals surge in crypto ATM usage among scammers, criminals
Hacks