FBI Busts $43 Million Crypto Ponzi Scheme
Reading Time: 2 minutes A $43 million Ponzi Scheme has been busted by the FBI New Yorker Idin Dalpour ran two schemes where he used investors’ money to fund his…
Losses From Crypto Hacks and Scams Down 140% in April
Reading Time: 2 minutes Losses from hacks and scams dropped significantly in April compared to March According to blockchain security firm Certik, the losses dropped by roughly 140% to $25.7…
Hong Kong Police Make More Arrests in JPEX Case
Reading Time: 2 minutes Hong Kong police have recently frozen assets worth over US$29 million linked to the collapsed cryptocurrency exchange JPEX The total number of individuals arrested in connection…
Leaper Finance Exposed: Sleuth Uncovers Alleged Multi-Million Dollar Crypto Scam
Cryptocurrency investigator ZachXBT has unearthed a connection between a notorious crew involved in fraudulent activities and the emerging cryptocurrency project known as Leaper Finance. This discovery comes amidst growing concerns…
Warning Over Scammers Posing as DeFi Protocol Developers
Reading Time: 2 minutes Blockchain investigator ZachXBT has revealed a new scheme used by web3 scammers He revealed that malicious actors are now developing DeFi platforms and conducting rug pulls…
ASIC Shutters $41 Million Crypto Investment Scheme
Reading Time: 2 minutes The Australian Securities and Investment Commission has initiated proceedings against three crypto companies over an illegal $41 million crypto investment scheme NGS Crypto Pty Ltd, NGS…
Google Sues Over “Investment Fraud Scheme” Affecting 100,000
Reading Time: 2 minutes Google has filed a lawsuit against two individuals for allegedly uploading fraudulent crypto apps to its Google Play store The court filing reveals the scheme orchestrated…
OneCoin Legal Chief Sentenced to Four Years
Reading Time: 2 minutes Manhattan prosecutors have sentenced Irina Dilkinska, former Head of Legal and Compliance for OneCoin, to four years in prison US District Judge Edgardo Ramos also ordered…
Bitcoin or Bit-con: How to Spot a Shitcoin
Reading Time: 6 minutes Over 13,000 cryptocurrencies exist today, but a vast number are nothing but shitcoins Shitcoins, created solely for profit, pose significant risks, yet investors seek them for…
Steve Wozniak Cleared to Sue YouTube in Bitcoin Scam Case
Reading Time: 2 minutes A California appellate court has cleared Apple co-founder Steve Wozniak to sue YouTube Wozniak and 17 others claim that YouTube is responsible for allowing their images…