Tag: Scams
‘Victim-blaming’ Americans can deter crypto scams reporting — Regulator
A US state securities regulator is set to propose a strategy to protect Americans from a surge in digital asset fraud driven by increasingly sophistic [...]
Crypto lost to exploits, scams hits $1.5B in February with Bybit hack: CertiK
Losses to crypto scams, exploits and hacks totaled nearly $1.53 billion in February, with the $1.4 billion Bybit hack accounting for the lion’s share [...]
Dune Launches Dashboard Tracking $2.5B Lost to Crypto Hacks and Phishing Scams
One of the new dashboard's most striking features is its funds flow analysis, which reveals where stolen funds ended up after being siphoned from vict [...]
Beware of Forex and Jewellery Investment Scams: Police Warning | Hyderabad News
Hyderabad: Cyber fraudsters are increasingly targeting unsuspecting investors with fake forex trading and jewellery investment apps, promising high [...]
UN Agency Recommends Criminalization of Unlicensed VASPs in Southeast Asia to Counter Cyber Fraud
Some service providers are facilitating transactions for fraud outfits and high-risk gambling sites, the report said.
www.coindesk.com [...]
JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearin [...]
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
“Relationship investment scams, including those involving crypto asset investments, pose a risk of catastrophic harm to retail investors, and the thre [...]
U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
“Because many sanctions authorities authorize the imposition of sanctions on non-US persons – not ordinarily subject to US jurisdiction – for engaging [...]
Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says
According to the report published Monday, investment fraud was the most pervasive – and expensive – type of crypto-related fraud in 2023. Of the more [...]
‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says
Enter Huione Guarantee. It's an online marketplace managed by a Cambodian conglomerate where anyone can post offers to buy, or sell, just about anythi [...]
Crypto ATMs Dominate Cash-to-Crypto Transactions, Become a Law-Enforcement Concern: TRM Labs
The report, released Wednesday, highlights why law enforcement authorities worldwide have concerns about the growing use of crypto ATMs, which take fi [...]
Australians Lost $122M Worth of Crypto to Scams in 12 Months: Police
Australia's national police agency has warned that Australians lost at least Australian dollars 180 million of cryptocurrency ($122 million) in invest [...]
Australian Securities Regulator ASIC Nabbed More Than 600 Crypto Investment Scams in a Year
Crypto scams can take a number of formats, including those that take customers' money on the pretense of investing in cryptocurrencies without doing s [...]
Crypto Scams Account for 7,300 Takedowns in Australia
In a significant move to combat the growing threat of online investment fraud, the Australian Securities and Investment Commission (ASIC) has success [...]
Huione Pay Received $150K From Wallets Tied to North Korean Hackers Lazarus: Reuters
Phnom Penh-based Huione Pay received the funds between June last year and February this year, according to the report, which cited blockchain data. Th [...]