Scams News
FinCEN Warns Financial Institutions of Rising Crypto ATM Abuse by Criminals and Cartels
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a formal warning to financial institutions about increasing cri...
Defence Seeks Mistrial in Roman Storm Trial Over Questionable Tornado Cash Evidence
Tornado Cash co-founder Roman Storm’s legal team is considering a motion for mistrial after questioning the accuracy of key evidence intro...
US Secret Service Becomes Major Crypto Custodian After US$400M Seizure
The US Secret Service has seized nearly US$400 million (AU$614.68 million) in cryptocurrencies across the past ten years, with the majority ...
Aussie Police Crack Down on Crypto ATM Scam Nexus Exposing $433K Widow’s Loss
Australian police have tracked over 90 high-usage crypto ATM users in a sweeping crackdown aimed at curbing scams tied to digital currency.&...
Crypto News Site Cointelegraph Hacked in Fraudulent Token Scam
Cointelegraph users were hit with a deceptive front-end exploit over the weekend that used a fake token giveaway to target wallets, leveragi...
Cautionary Tale: $7M Lost by Crypto Investor Who Bought Discounted Cold Wallet
News Flash! Buying a bargain-basement crypto cold wallet from a dodgy website or a social media marketplace may not be a great financial dec...
ASIC Bans Adviser for a Decade After AU$15M Crypto Scam Theft
Glenda Maree Rogan has been banned from Australia’s financial services industry for ten years after funnelling nearly AU$15M into a crypto...
Paraguayan President’s X Account Hacked in Fake Bitcoin Legal Tender Scam
Excitement briefly swept through the Bitcoin community overnight, Australian time, after a post from the personal X account of the Paraguaya...
Crypto ATM Scams Rip Off Aussies: Seniors Bear the Brunt
An investigation by Australia’s financial crimes watchdog, AUSTRAC, has revealed widespread lack of compliance by crypto ATM (CATM) operat...
Ethereum’s EIP-7702 Upgrade Exploited by “CrimeEnjoyor” Wallet-Sweeping Scam
Ethereum’s newest account abstraction feature is being weaponised at scale. According to a new analysis by crypto trading firm Wintermute,...
Scammed to Scammer: Aussie Banker Used Insider Knowledge to Steal $500k
A former National Australia Bank (NAB) employee has been sentenced to 18 months imprisonment for the theft of almost AUD$500,000 from bank c...
Binance and Kraken Thwart Social-Engineering Attacks Mirroring Coinbase Breach
Two crypto behemoths, Binance and Kraken, had reportedly blocked hack attempts mirroring the recent Coinbase breach. According to a Bloomber...