Search Results for "scams"
Huione Group Shutdown: Implications for Crypto Scam Infrastructure
The shutdown of Huione Group by FinCEN marks a significant move against crypto scams, but the broader ecosystem remains resilient. Learn how these platforms adapt and what it means for compliance.
AI's Role in Crypto Scams: A Growing Concern for the Industry
Explore how AI is being leveraged for crypto scams, posing new challenges to the industry. Discover how tools like Chainalysis Alterya are combating this threat.
HKMA Issues Urgent Scam Alert Over Fraudulent Banking Websites
The Hong Kong Monetary Authority (HKMA) has issued a warning regarding fraudulent websites and phishing scams targeting customers of several banks.
US and Canada Strengthen Efforts Against Crypto Scams with Major Operations
The US and Canada are intensifying their fight against cryptocurrency scams through Project Atlas and Operation Avalanche, resulting in the prevention and recovery of millions in fraudulent funds.
APAC Law Enforcement Halts $47 Million in 'Pig Butchering' Scam Funds
In a significant crackdown, APAC authorities, with help from Chainalysis and major crypto firms, froze $47 million linked to 'pig butchering' scams.
Hope Finance Scam Leaves Prospective DeFi Users Out of Pocket
Arbitrum-based algorithmic stablecoin startup Hope Finance loses $2 million to a smart contract attack.
3 Website Operators Lured Romance-Seeking Victims Into Their Fraud
Three website operators lured romance seekers with their bogus bitcoin investment scam.
NFT project was actually a "social experiment" designed to shed light
Little Shapes' creator said he lied about his past to promote his exposé.
Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation
Senator Warren emphasized the Digital Asset Anti-Money Laundering Act, gaining bipartisan support to regulate crypto activities and protect vulnerable populations from financial fraud.
US Senator Demands Answers from Twitter Over Massive Bitcoin Hack Incident
US senator Josh Hawley has urged Twitter to cooperate with fed agencies and take necessary measures to secure the social media site before the cyber hacking accounts of celebrities, politicians, technology moguls, and major firms in an apparent Bitcoin scam expands further.
Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 - FTC
Despite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, according to a study by the Federal Trade Commission (FTC).
XRP staking scam
A phoney staking scheme is targeting XRP investors. XRP staking websites and emails have been faked. The swindle promises 12%–27% profits.