Scams news articles
Ukrainian Man Falls Victim to $250,000 Crypto Robbery in Thailand
A Ukrainian man has become the latest crypto holder to fall victim to a “$5 wrench attack” after being robbed of 250,000 in USDT. Accord...
Study Finds 1.5 million Australian Crypto Owners Confused Over Tax Time
They say only two things in life are certain: death and taxes, or at least that’s what Benjamin Franklin wrote in a letter to Jean-Baptist...
Binance APAC Exec Urges Cyber Security Awareness, Reveals Four Simple Steps for Investors
Coinciding with Australia’s Cybersecurity Awareness Month, the head of Binance’s law enforcement training, Jarek Jakubcek, has urged Aus...
Fake Crypto Wallet on Google Play Steals $70,000 in Digital Assets After Being Downloaded 10,000 Times: Report
A fake crypto wallet application on the Google Play Store has reportedly stolen tens of thousands of dollars worth of crypto assets from uns...
Tron, Tether, and TRM Labs Team Up to Fight Crypto Crime on Tron Blockchain
It’s been a big 2024 for Tron, having surged up the DeFi rankings to become one of the top blockchain ecosystems. A lot of this movement h...
AFP Issues Alert on Crypto Scams Amid $180 Million Loss in Just 12 Months
Australians reported losing AU$382 million to investment scams in the 2023-24 financial year according to data released yesterday by the Aus...
PayPal’s New Crypto Strategy: Rewards for Holding PYUSD with Anchorage Digital
PayPal is stepping up its game in the crypto world by partnering with Anchorage Digital to offer rewards for holding its stablecoin, PYUSD. ...
ASIC Clamps Down on 615 Crypto Scam Websites as Fraudulent Activities Surge to $1.3 Billion
The Australian Securities and Investment Commission (ASIC) has made investment scams a priority for its task force for the past 12 months ...
ACCC Alleges Over Half of Facebook’s Crypto Ads Are Scams or Violate Policies
In news that won’t surprise many Facebook users, Australia’s consumer rights regulator has told a court that over half of the cryptocurr...
Gigantic Crypto-Ponzi Uncovered in South Korea, CEO Arrested over $365 Million Scam
Who wouldn’t love 45% returns on their assets? What could go wrong, right? In the case of a crypto scandal shaking up South Korea, it did ...
AFP: Phishing Scam Compromises Thousands of Australian Crypto Wallets
The Australian Federal Police (AFP) has partnered with blockchain analytics firm Chainalysis to identify over 2,000 Australian-owned crypto ...
HSBC Australia Says Crypto’s Popularity with Scammers is Reason for Recent Block
As reported earlier, HSBC Australia has stopped customers from sending money to cryptocurrency exchanges. The sweeping change was made witho...