Tag: Scams
Half of Solana Blockchain Pre-Sales Are Scams, Crypto Security Firm Blockaid Says
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning medi [...]
Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI
Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau's Internet Crime Report 2023, highlighting the prom [...]
Banks ask for help protecting customers from online romance scams
The banking industry is seeking help from the federal government and the social media industry to stop an escalating crisis that's costing Americans b [...]
What Are They & How to Avoid Them
Finally, always ensure you only invest money you can afford to lose. Many cryptocurrency projects are experimental, and sometimes the failure of an id [...]
Crypto Scams Netted $2B in 2023, Roughly Half Last Year’s Figure: De.Fi
The reduction, largely attributed to the implementation of improved security protocols, increased awareness within the community and the overall decre [...]
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.
www.coindesk.com [...]
Australia tries again to combat ‘future sectors’ crypto scams
A consultation paper on a new framework for addressing consumer and business scams proposed by Australia’s Department of the Treasury considers applyi [...]
Australia tries again to combat ‘future sectors’ crypto scams
An upcoming ‘scams code framework’ proposed by Australia’s Department of the Treasury considers applying sector-specific codes and standards to bankin [...]
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
In 2022, Aussies reported a loss of AUD 221 million (USD 146 million) in cryptocurrency, an increase of 162.4% from the previous year, according to th [...]
Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ
The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through "pig bu [...]
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the curr [...]
Impersonation scams in crypto, explained
Understanding impersonation scams in crypto In impersonation scams, fraudsters pretend to be reliab [...]
California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams
California legislators have proposed a new bill titled “Digital financial asset transaction kiosks,” calling for a cap on crypto ATM withdrawals of $1 [...]
Tim Draper warns of crypto scams using his AI-synthesized voice
American venture capitalist Tim Draper issued a warning on social media that scammers are attempting to con crypto users using an artificial intellige [...]
Alameda Research lost $190M to scams and ‘questionable’ blockchains: Whistleblower
FTX’s sister hedge fund, Alameda Research, lost at least $190 million of its trading funds due to arguably avoidable scams, according to a former engi [...]