scams
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Scams
Crypto losses from hacks, scams soar to $750 million in Q3 – CertiK
Malicious actors stole more than $750 million in various crypto-related hacks and scams during the third quarter, pushing total losses…
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Scams
Federal agencies team up to fight surge in ‘pig butchering’ crypto scams
The Commodity Futures Trading Commission (CFTC) has joined forces with federal and private organizations to combat the surge in crypto…
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Scams
Binance blocks $2.4 billion in potential crypto scams in 2024
Binance, the largest crypto exchange by trading volume, announced that it had prevented over $2.4 billion in potential user losses…
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Regulation
JPMorgan Chase, Bank of America and Wells Fargo Under Federal Investigation Over Hundreds of Millions of Dollars in Scams and Fraud on Instant Payments Platform Zelle
JPMorgan Chase, Bank of America, Wells Fargo and other unnamed large banks are reportedly facing a federal investigation over scams…
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Scams
CFTC Warns Public of ‘Money Mule’ Scams Involving Crypto Disguised As Work-From-Home Opportunities
Students and job seekers should be wary of a specific type of crypto scam falsely promising work-from-home opportunities, warns the…
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Scams
Citibank Allows Fraudulent Wire Transfers To Proceed After Customers Report Scams, Ask Bank To Freeze Transactions: New York Attorney General
New York Attorney General Letitia James says one of America’s biggest banks does nothing to stop fraudulent wire transfers even…
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Regulation
Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto.…
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Scams
Phishing Scams Appear As Ads on Ethereum Block Explorer Etherscan: Report
Phishing scams are bubbling up on the Ethereum (ETH) block explorer Etherscan, according to the cybersecurity firm Scam Sniffer. The…
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Regulation
Hong Kong regulators warn of increasing crypto exchange impersonation scams
Hong Kong’s Securities and Futures Commission (SFC) has warned the public against suspicious websites impersonating the two licensed crypto exchanges…
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Scams
Crypto Crime Appears To Drop in 2023 As Digital Asset ‘Romance’ Scams Surge by 85x Since 2020: Chainalysis
The amount of funds sent to illicit addresses in 2023 suggests a decline in cryptocurrency-based criminal activities, according to a…
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