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.
Assad Jafri 3 min read
Scams News
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Top Scams Stories
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.
Latest Scams News & Analysis
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.
Scams
SEC charges NovaTech founders, promoters with $650 million crypto fraud
The charges filed in the US District Court for the Southern District of Florida include violations of federal securities laws' antifraud and registration provisions.
Crypto
Phishing scammer returns $10 million to victim 10 months after $24 million Ethereum heist
The attacker also promised to return the remaining amount but wanted to talk to the victim privately first.
Crime
OCCRP investigation reveals surge in crypto ATM usage among scammers, criminals
The report said the rapid growth of crypto ATMs and the lax regulatory oversight have made them an attractive target for criminals
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Hacks
Phishing attacks threaten booming TON network amid rising TVL
Hacks
Kraken continues to prank crypto scammers with KitBoga to expose crime as Certik returns funds
Contributor
Opinion
Web3 must stand against the peril of airdrop hunters
DeFi
