Malware masquerading as major crypto firms targets over 10m people worldwide

Security firm Check Point warns of a malware named JSCEAL that has been impersonating crypto platforms to lure in millions of victims to steal crypto related data, how does it work? In a recent blogpost, Check Point Research notified crypto… дальше »

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Arizona man at center of $13m crypto ponzi pleads guilty nearly two years after indictment

After initially contesting the charges, an Arizona man has now pleaded guilty to defrauding victims out of $13 million through a crypto scheme involving fake AI trading bots and a fictitious government agency. дальше »

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Delhi’s ‘Crypto queen’ arrested as India struggles with crypto scams and no regulations

Indian police have dismantled a work-from-home scam that laundered stolen funds through cryptocurrency, arresting five individuals, including a woman dubbed Delhi’s ‘crypto queen’. According to local media, the accused ran a Telegram-based network that lured victims into completing fake online… дальше »

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FTX to repay $1.9B to victims in September - Details inside!

Key Takeaways  FTX estate is set to repay about $2 billion in its third round on the 30th of September. It has distributed over $7 billion since the beginning of the year, and over $8 billion left tThe post FTX to repay $1. дальше »

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FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims

Backpack has unveiled a fee-free platform for FTX victims to sell their claims. The platform generated excitement as it pledged zero profits from the process. FTT coin gained more than 7% amid the developments. дальше »

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Crypto ATM scams run rampant in Australia, scammers target older victims

A case from Australia saw 15 victims lose $2.5 million. Scammers target the elderly. дальше »

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Darktrace warns of social engineering scams deploying crypto-stealing malware

Researchers at cybersecurity company Darktrace have warned that threat actors are using increasingly sophisticated social engineering tactics to infect victims with crypto-stealing malware. In its latest blog, Darktrace researchers detailed an elaborate campaign in which scammers were found to be… дальше »

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GMGN co-founder promises compensation for victims of MEV attacks under new security measures

GMGN is offering users who suffer sandwich attacks under the platform’s new MEV protection feature can receive compensation for losses. In a recent post, GMGN co-founder Haze highlighted the increase in malicious attacks on the platform due to Maximal Extractable… дальше »

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UK Court Sentences Two Men Over $2 Million Crypto Scam

Raymondip Bedi and Patrick Mavanga were sentenced for crypto scams that targeted 65 victims, as the FCA works to recover lost funds and tackle rising fraud cases. The post UK Court Sentences Two Men Over $2 Million Crypto Scam appeared first on BeInCrypto. дальше »

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Scam Alert: Victims Lose Crypto to Malicious Solana Bot on GitHub

Fake Pump.fun bot draining crypto wallets recently spotted by SlowMist дальше »

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More than 40 fake wallet extensions on browsers detected as malware threat

Security firm Koi discovered over 40 fake wallet extensions have popped up on Firefox browser plug-in stores. They lure victims by masquerading as major wallet firms. According to recent blogpost from the security company Koi, hackers have been operating a… дальше »

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Armed Robbers Steal $100,000 in a Mall Parking Lot | Crypto Horror Story

In Bangkok, a group of assailants targeted three victims attempting to exchange $100,000 in cash for cryptoassets, sparking a wider investigation into crypto-related robberies in Thailand. The post Armed Robbers Steal $100,000 in a Mall Parking Lot | Crypto Horror Story appeared first on BeInCrypto. дальше »

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Spain Busts Massive Crypto Scam Gang That Stole $540 Million

Spanish authorities have arrested five individuals linked to an international crypto scam ring, which targeted victims in 30 countries, stealing up to $540 million. Despite the arrests, the investigation continues. дальше »

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Crypto ATM crime in Australia surges, AUSTRAC flags A$430,000 scam loss

Australia’s financial intelligence agency has spotlighted crypto ATMs as a growing vector for fraud and exploitation, identifying 90 people involved in suspicious activity, including scam victims and suspected offenders. дальше »

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Biggest crypto bust yet! - DOJ seizes $225M, 400 victims affected

DOJ seized $225.3 million in crypto (USDT) linked to large-scale crypto investment scams. Tether collaborates with authorities to combat fraud and ensure token integrity. In a significant moThe post Biggest crypto bust yet! - DOJ seizes $225M, 400 victims affected appeared first on AMBCrypto. дальше »

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Cetus Protocol Secures $500K Loan from Sui Foundation to Compensate Hack Victims, Vows Relaunch

Key Takeaways: Crisis Averted: Cetus Protocol, a prominent DEX and liquidity protocol on the Sui network, has secured a $500,000 emergency loan following a significant security exploit. Ecosystem Support: The The post Cetus Protocol Secures $500K Loan from Sui Foundation to Compensate Hack Victims, Vows Relaunch appeared first on CryptoNinjas. дальше »

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Binance SAFU in Crypto Explained: Meaning, Origin, and How It Works

Binance SAFU (Secure Asset Fund for Users) is an emergency insurance fund established by Binance in July 2018. The fund was created as a means to reimburse victims of security The post Binance SAFU in Crypto Explained: Meaning, Origin, and How It Works appeared first on CryptoNinjas. дальше »

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Hackers now pose as security companies to frame victims while stealing private keys

Cybercriminals are adopting increasingly deceptive tactics to target crypto users, with some now posing as blockchain security companies. Their aim is to steal assets and implicate their victims in the process, making it harder for them to seek redress. дальше »

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Sui passes vote to repay Cetus exploit victims

The Sui community has approved returning $162M in frozen assets to Cetus victims. The funds will be held in a multisig wallet for user repayment. Sui also launched a $10M security push after the $223M exploit. дальше »

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Coinbase breach strikes PayPal Mafia royalty, Sequoia Capital boss

Sequoia Capital's Roelof Botha was among the high-profile victims whose personal information was compromised in the recent Coinbase hack. дальше »

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$265m crypto scam: New Zealand man caught in FBI-led probe

A Wellington-based man was arrested in Auckland as part of an international investigation into a crypto scam operation allegedly stealing $265 million (NZD$450 million) from seven victims. New Zealand’s Financial Crime Group made the arrest following an FBI-led probe into… дальше »

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Crystal Intelligence acquires Scam Alert, aims to protect crypto users from fraud

Crystal buys Scam Alert to fight crypto scams. Uses AI to track fraud and help victims. Backed by Tether, Polygon, and Ethereum Foundation. As crypto fraud reaches alarming new heights, blockchain analytics firm Crystal Intelligence has taken a bold step to curb the menace. дальше »

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Ex-Celsius CEO faces sentencing in May as 200+ victims seek justice

Alex Mashinsky, founder and former CEO of Celsius Network, could face a maximum sentence of up to 30 years. Celsius victims reveal how the collapse ruined their lives. Over 200 victims of thThe post Ex-Celsius CEO faces sentencing in May as 200+ victims seek justice appeared first on AMBCrypto. дальше »

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Victims of failed crypto lender Celsius push for life sentence for its CEO

Hundreds of investors asked a federal judge to impose a life sentence on Celsius CEO Alex Mashinsky for his role in the crypto lender’s 2022 collapse. Celsius Network investors are calling for a life sentence for co-founder and former chief… дальше »

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Crypto fraudster Hugh Austin sentenced to 18 Years for $12m scam

Eugene William Austin Jr., also known as “Hugh Austin,” was sentenced to 18 years in prison for leading a multi-year scheme that defrauded more than two dozen victims out of $12 million.  His son, Brandon Austin, was previously sentenced to… дальше »

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U.S. and Canadian authorities disrupt $4.3m crypto phishing scam

The U.S. Secret Service teamed up with Canadian authorities in a cross-border crackdown on a sophisticated crypto scam that drained $4.3 million from victims’ Ethereum wallets. The operation, dubbed “Operation Avalanche,” involved regulators, law enforcement, and crypto platforms working to… дальше »

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Chinese fraud ring laundered over $6m in Tether’s USDT from 66,800 Indian victims: report

A Chinese court sentenced nine individuals for running a telecom fraud ring that defrauded over 66,000 Indian victims and reportedly laundered proceeds through Tether’s USDT. Nine individuals have been sentenced to prison in China for their roles in a telecom… дальше »

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WazirX Creditors Back Restructuring Plan to Payback $230M Hack Victims

The scheme would trigger an initial payout within 10 business days, followed by phased resumptions of withdrawals and trading, subject to regulatory compliance. дальше »

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Deribit warns against scammers posing as crypto job recruiters

Deribit has issued a warning about rising cases of job scams targeting crypto talents. Fraudsters are leveraging social engineering tricks and fake LinkedIn profiles to steal from victims. Users should be careful when job hunting, particularly developers and senior company staff. дальше »

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Kaito AI and founder Yu Hu’s X social media accounts hacked

Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder Yu Hu, were the victims of an X social media hack on March 15. дальше »

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Bitcoin Whale Transfers Large Amount of BTC from Mt. Gox Wallet to Cold Storage

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US Cracks Down On Crypto Fraud, Returning $8.2 Million To Victims

Victims of the “wrong number” scam across the United States, including Ohio, are getting some form of justice thanks to the latest initiatives of the US authorities.  According to the Federal Bureau of Investigation (FBI), 33 crypto fraud victims nationwide, including a city of Mentor resident, have been identified. дальше »

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Indian police bust $2m RSN crypto scam with alleged ties to China

Law enforcement in India has arrested three in connection to a large-scale crypto fraud that lured over 2,000 victims with promises of lucrative returns. According to local media, police in the northeastern Indian state of Assam have cracked down on… дальше »

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US seeks court approval to return $8.2m in seized crypto to scam victims

The United States Attorney’s Office in Ohio is looking to forfeit millions in seized crypto from a scam operation and return it to victims who were tricked into fake investments. According to a recent statement, authorities have asked the court… дальше »

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What is FUD in crypto? Crypto trading term explained

Crypto FUDs are the Fear-Uncertain and Doubtful claims circulated to fight crypto assets. They are a marketing strategy used to make something seem worse than it is. Cryptocurrencies are not the first victims of FUDs but are among the most… дальше »

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CZ receives more BNB after LIBRA donation, pledges to aid TST and BROCCOLI victims

Binance founder Changpeng Zhao has announced plans to donate additional funds to victims of TST and BROCCOLI memecoins, adding to his previous donation to LIBRA victims. After receiving more Binance Coin (BNB) than he originally donated to victims of the… дальше »

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President Milei Denies Promoting LIBRA, Says Most Victims Were American and Chinese

Argentina’s President Javier Milei spoke about the LIBRA meme coin for the first time since the high-profile scandal made news on Saturday.   In an exclusive interview with national news outlet Todo Noticias, Milei said he only disseminated the project– but denied having promoted it. дальше »

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Binance founder CZ to donate 150 BNB to victims of LIBRA memecoin scam

Changpeng Zhao (CZ), the founder of Binance, has promised to donate 150 BNB, or roughly $100,000, to the victims of the LIBRA memecoin scam as a gesture of support. CZ’s action came in response to a college student named EnHeng… дальше »

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From ‘I love you’ to ‘you’re broke’: AMLBot reveals the dark side of crypto romance scams

First comes love, then comes heartbreak — followed by a drained bank account. AMLBot’s latest investigation exposes how romance scammers are tricking victims into losing everything in crypto this Valentine’s season. дальше »

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Pig butchering crypto scams soar 40% in one year, Chainalysis says

High-yield investment scams as well as pig butchering scams received the most crypto among scam sub-classes, at 50.2% and 33.2% respectively, a study shows. Long-term scams, called pig butchering, where victims are slowly tricked into making bigger crypto payments, jumped… дальше »

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FBI initiative saves thousands from crypto scams, recovers $285 million

The FBI’s initiative to counter crypto investment fraud has helped thousands of victims avoid losing millions of dollars since its launch, according to a Feb. 13 press release. Dubbed Operation Level Up, the program proactively identifies individuals in the midst of being scammed and intervenes before they lose their money. дальше »

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FBI saved victims $285m from crypto scams: report

The US Federal Bureau of Investigation says it helped save an estimated $285 million that victims would have lost to cryptocurrency scams. According to a report published on Feb. 13, the FBI pointed to an initiative dubbed “Operation Level Up”… дальше »

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How do scammers use fake transaction simulation sites to steal crypto?

Fake transaction simulation sites create false crypto deposits to deceive victims. Discover their tactics and key signs to avoid falling for these scams. дальше »

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Scam Alert: Fraudulent Links and Fake Verification Pages Target Crypto Users

An investigation by Scam Sniffer has recently uncovered a cryptocurrency user scam that is way too sophisticated for its own good. It targets the basic details of well-known tokens and uses them to lure in victims with the promise of fake trading opportunities manipulated by the scammers. дальше »

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WazirX Offers 85% of Stolen User Funds as Rebalancing Ends

Fund distribution will begin if creditors approve the plan, bringing partial money recovery for victims of the $230 million hack that hit the Indian crypto exchange in July. дальше »

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Ransomware cashouts down 35% as victims snub demand: Chainalysis

Ransomware attacks surged last year, but victim payments declined as users refused to meet demands amid increased recovery efficiency by law enforcement. дальше »

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Ransomware Payments Fell 35% in 2024 as More Victims Refuse to Pay: Chainalysis

According to the blockchain analytics firm, less than half of recorded ransomware attacks resulted in victim payments. дальше »

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WazirX hack victims must vote on recovery plan or face years of uncertainty

If the restructuring plan is not approved users might have to wait until 2030. дальше »

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Jakarta police nab 20 in crypto scam targeting women on Tinder and Bumble

Police in Jakarta have dismantled a crypto romance scam syndicate that targeted victims on dating apps and duped them using a fake crypto trading platform. The Metro Gambir Police in Central Jakarta have arrested 20 suspects in connection with an… дальше »

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WazirX to pay 80% of the stolen customer funds, rules Singapore High Court: community backlash

Singapore High Court has accepted WazirX's reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court's decision, many victims remain suspicious! дальше »

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