CRYPTO SCAM
Crypto Scam Targets Ships Stranded in Hormuz, Demands BTC
Fraudsters posing as Iranian authorities demand Bitcoin and USDT from stranded vessels in the Strait of Hormuz, exploiting geopolitical tensions.
Meta-1 Coin Fraudster Robert Dunlap Gets 23 Years for $20M Scam
Texas man Robert Dunlap sentenced to 23 years in federal prison for orchestrating Meta-1 Coin fraud that bilked nearly 1,000 investors out of $20 million.
Apple Yanks Fake Ledger App After $9.5M Crypto Theft Hit 50+ Users
Apple removed a fraudulent Ledger Live app that stole $9.5 million from over 50 crypto investors using a bait-and-switch strategy to harvest seed phrases.
Fake Ledger App on Apple Store Drains $9.5M in Week-Long Scam
Over 50 victims lost $9.5M to a fraudulent Ledger Live app on Apple's App Store between April 7-13, with stolen funds laundered through KuCoin addresses.
HKMA Warns of Fraudulent Websites Targeting Hong Kong Crypto Investors
Hong Kong's central bank alerts public to fake HKMA websites using 'ensemble' domains to lure victims into fraudulent account openings.
Alleged FINTOCH Mastermind Arrested in Thailand for $31M Crypto Scam
Thai authorities apprehend Liang Ai-Bing, accused of orchestrating a $31 million cryptocurrency Ponzi scheme across Asia, marking a significant breakthrough in crypto fraud investigations.
Crypto Scams & Rug Pulls: Red Flags and How to Protect Yourself in 2025
In 2025, crypto scams are increasingly sophisticated, using AI and deepfakes to deceive investors. Vigilance is key: verify endorsements, research projects, and use hardware wallets to protect your assets.
Ronaldinho's Crypto Scam: A Deep Dive into the $61 Million Controversy
Ronaldinho Gaúcho, a Brazilian football icon, is under legal scrutiny for allegedly involving a cryptocurrency scam that could impact his celebrity endorsements, as his venture, '18kRonaldinho', promises daily returns of over 2%.
Investment Fraudsters Sentenced to Over Six Years for Telecoin Crypto Scam
Two fraudsters, Ross Jay and Michael Freckleton, were sentenced to over six years for a £500,000 scam involving a fictitious cryptocurrency "Telecoin."
Latvian National Extradited to the U.S for Crypto and Wire Fraud
Ivars Auzins, a Latvian citizen, accused of committing securities and wire fraud using eight companies that alleged to mine or invest in crypto assets, was extradited to the United States to face a six-count indictment charge.
Percentage of Crypto Transaction Volume Used for Crime is Reducing: CipherTrace
The growth of the broader cryptocurrency ecosystem is not reflected in the percentage of crypto transaction volumes being used for illicit or fraudulent criminal activities.
Turkish Crypto Exchange Goes Bankrupt, Customers Locked Out of Their Funds
Thodex crypto exchange has gone offline and its customer service vanished too, thus leaving users in the dark.
Leaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York Mellon
A leaked trove of US official documents revealed that five major banks were involved in illicit transactions pertaining to mobsters and crypto Ponzi schemes.
Texas Authorities Slap “Bitcoin Pope” and Forex Birds with Cease and Desist Order for Fraudulent Investment Scheme
An emergency cease and desist order has been issued against the “Bitcoin Pope” trader, under allegations of fraudulent cryptocurrency investments.
Bitcoin Twitter Hack Investigation Reveals Second Teen Mastermind
US authorities revealed that there may have been another hacker that played a prominent role in the Bitcoin hack that overtook Twitter on July 15.