Fraud & Scams
While cryptocurrency and blockchain help facilitate faster, safer transactions, criminals have taken advantage of this new medium of transaction and technology to facilitate criminal activities.
The core members of a multi-level marketing company are recently accused by the Securities and Exchange Commission (SEC) of running a $295 million crypto Ponzi fraud.
The SEC has filed charges…
Changpeng Zhao (CZ), the CEO of Binance, has issued a warning that search results from Google are still promoting cryptocurrency phishing and fraudulent websites.
Scammers have been getting around Google's stringent…
Authorities from Delaware law enforcement agencies have suspended accounts of suspects involved in “pig butchering” scams — a variation of an extremely prevalent fraud in which scammers convince unsuspecting investors…
Several well-known South Korean Youtube channels have reportedly been attacked by hackers in recent months. Most hackers who gained access used the platform to upload dubious videos about cryptocurrencies.
The South…
The victims of the $80 million Fei Protocol attack have finally been compensated following months of mixed signals.
This week's rollout of Fei’s repayment plan brings the chaotic past several months…
Blockchain cybersecurity firm Certik said that the Wintermute hack targeted a vulnerable private key. It was likely that there was an exploitation of a vulnerability — which was widely acknowledged…
A hacker has recently plundered the funds from Bill Murray’s NFT auction, which on Thursday raised 119.2 ETH (about $185,000) for charity.
According to Murray’s team and on-chain data from Etherscan,…
In light of the $1.6 billion in exploits in 2022 against the decentralized finance (DeFi) networks, the US Federal Bureau of Investigation (FBI) has issued a fresh warning for investors…
Phantom, a Solana-based wallet provider, has announced its launch of a feature that enables users to remove scammers’ spam non-fungible tokens (NFTs).
The Phantom team made a blog post on August…
Recently, a 29-year old man in Amsterdam — who is suspected to be one of Tornado Cash’s developers — have been apprehended by the local authorities.
Following the unprecedented decision of…
The SEC Charges Against MLM Company for $295 Million Ponzi Scheme
The core members of a multi-level marketing company are recently accused by the Securities and…
Binance CEO Warns About Fraudulent Crypto Websites Appearing in Google Search Results
Changpeng Zhao (CZ), the CEO of Binance, has issued a warning that search results from…
Delaware Authorities Freeze Accounts Involved in ‘Pig Butchering’ Crypto Scams
Authorities from Delaware law enforcement agencies have suspended accounts of suspects involved in “pig butchering”…
South Korean Government Youtube Channel Hacked to Promote Crypto Scam with Elon Musk’s Image
Several well-known South Korean Youtube channels have reportedly been attacked by hackers in recent months.…
DeFi Protocol Fei Compensates Victims of $80 Million Hack
The victims of the $80 million Fei Protocol attack have finally been compensated following months…
Widely-known Private Key Vulnerability Could Have Led to $160 Million Wintermute Hack
Blockchain cybersecurity firm Certik said that the Wintermute hack targeted a vulnerable private key. It…
Bill Murray Lost Crypto Funds From a Hacking Incident After $185,000 Charity Auction
A hacker has recently plundered the funds from Bill Murray’s NFT auction, which on Thursday…
FBI Issues Warning Regarding Cyber Attacks Targeting DeFi
In light of the $1.6 billion in exploits in 2022 against the decentralized finance (DeFi)…
Solana Wallet Launches Feature That Removes Spam NFTs
Phantom, a Solana-based wallet provider, has announced its launch of a feature that enables users…
Dutch Authorities Detain Man Under Suspicion of Co-developing Tornado Cash
Recently, a 29-year old man in Amsterdam — who is suspected to be one of…