Tags: Crypto Scams

The vanishing of Abacus leaves users and vendors scrambling for alternatives.

Up to 500 MetaMask users face daily thefts amidst escalating wallet-targeted attacks.

OFAC sanctioned a DPRK hacker funding Pyongyang’s regime while DOJ charged OmegaPro founders in a $650 million crypto investment scam.

Investigators discovered Russian-language comments within the malicious extension code and Russian metadata in a PDF tied to the attacker’s server.

CertiK noted that two incidents alone accounted for $1.78 billion of crypto losses in the first half of 2025.

New iterations of a well-known scam is now targeting Mac users. Here’s what you need to know.

The scam network operated via global sales agents, and used phone, email, social media to lure victims into fraudulent crypto investments.

Australia’s cybercrime system logged 150 crypto ATM scam cases, wherein victims collectively lost over $3.1 million in 12 months.

Coinme will pay $300,000, including $51,700 restitution, for failing to comply with crypto kiosk limits and receipt disclosure requirements.

TRM Labs reports illicit crypto activity at just 0.4% of total volume in 2024, with Tron and USDT under tighter control.

DOJ cracks $36.9M crypto fraud; scammers used social media to lure victims, laundering money overseas through shell companies and USDT.

AI deepfakes took crypto scam losses to $4.6B last year, pushing Bitget and partners to launch a $300M fund to disrupt fraud rings.

In May alone, crypto attacks caused $140.1 million losses, including $8.5 million from wallet drains and $47.6 million via phishing.

The 3,520 BTC heist triggered a 50% Monero price spike as thieves converted funds through privacy coin’s illiquid markets.

Cryptocurrency fraud losses soared by 66% in 2024, totaling $9.3 billion, and a significant portion of complaints were from older individuals.

SEC accuses Ramil Palafox of defrauding investors in PGI Global’s $198 million Ponzi scheme, and has demanded civil penalties and restitution.

The lawsuit claims Meteora’s M3M3 launch wasn’t fair, alleging insiders scooped up 95% of tokens before public trading even began.

The platform faces Ponzi scheme accusations as users report frozen accounts and a 6.4% withdrawal approval rate.

After ignoring zkLend’s 10% white hat bounty offer, the hacker now claims their entire stolen stash was drained by scammers.

In the new scam, attackers are mimicking official Binance communication to trick victims into transferring funds to fake wallets.

A Cyvers study reveals that Pig Butchering scams now target younger victims, with those aged 30-49 making up most cases.