Hong Kong Police and SFC Investigate Hounax Crypto Exchange Hong Kong Police and the Securities and Futures Commission (SFC) are conducting an investigation into Hounax, a…
New Scam Targeting Bored Ape Yacht Club (BAYC) NFT Holders Scammers in the non-fungible tokens (NFTs) sector are finding new ways to deceive collectors. The latest…
Digital Asset Wallet-Draining Platform Inferno Drainer Shuts Down A platform called Inferno Drainer, which has been helping bad actors drain millions from various cryptocurrency platforms, has…
Multi-Chain Crypto Scam Service Shuts Down After Stealing $80 Million A multi-chain cryptocurrency scam service called Inferno Drainer has announced that it is shutting down permanently…
DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal The United States Department of Justice (DOJ) has reached a…
Crypto Scammers Impersonate Elon Musk in Fake Giveaway In a joint effort, SpaceX and BitOK have uncovered a fraudulent crypto giveaway carried out by scammers posing…
Tether Tokens Valued at $9M Seized by U.S. Department of Justice If you’re in the crypto world, you need to be vigilant against romance schemes, as…
Warren’s Anti-Money Laundering Act Senator Elizabeth Warren has introduced the Digital Asset Anti-Money Laundering Act to address concerns about cryptocurrency-related scams, particularly those impacting older investors.…
Three Individuals Arrested for $10 Million Crypto Scam According to US Attorney Damian Williams, three individuals – Zhong Shi Gao, Naifeng Xu, and Fei Jiang –…
