Crypto Scam

Percentage of Crypto Transaction Volume Used for Crime is Reducing: CipherTrace
Crypto Scam

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
Crypto Scam

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
Crypto Scam

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
Crypto Scam

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
Crypto Scam

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.

Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors
Crypto Scam

Crypto Investment Fraud Generates $27 Million, SEC Charges Scammers Posing as Pastors

The US Securities and Exchange Commission filed a complaint against three men posing as pastors who defrauded churchgoers in a cryptocurrency Ponzi scheme.

Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto
Crypto Scam

Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto

China-based crypto investors launched a cryptocurrency scam of their own, after having been defrauded themselves.

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion
Crypto Scam

Chinese Police Arrest 27 Kingpins of Plus Token Bitcoin Scam Worth $5.7 Billion

Chinese authorities have arrested all 27 primary criminal suspects involved in the Plus Token Ponzi scheme that defrauded nearly 40 billion Chinese yuan, approximately $5.7 billion from victims.

Crypto Scams Took in More Than $30 Million in Taiwan in 2019
Crypto Scam

Crypto Scams Took in More Than $30 Million in Taiwan in 2019

Blockchain and cryptocurrency investment scams have risen and have reached $900 million New Taiwan dollars ($30 million) in Taiwan last year, according to Gao Hongan, a political figure in the country.

French Football Star Mbappe Seeks out Crypto Scammers Trying to Score off The PSG Striker's Reputation
Crypto Scam

French Football Star Mbappe Seeks out Crypto Scammers Trying to Score off The PSG Striker's Reputation

Kylian Mbappe PSG star launches lawsuit over Bitcoin scammers who are allegedly using his name and image to convince investors to buy-in.

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