Scams News
September becomes the biggest month for crypto exploits in 2023: CertiK
September has officially become the worst month in 2023 (so far) for crypto-related exploits — with a whopping $329.8 million in crypto st...
Portland Police Issue Warning as Crypto Scammers Target Maine Residents
Maine is a new battleground in the war against crypto scammers, and Portland police have issued a warning about the tactics that many frauds...
JPMorgan’s Chase Bank Announces Ban on Crypto Transactions, Citing Increase in Scams Targeting Customers: Report
Financial giant JPMorgan’s Chase Bank in the UK is reportedly banning transactions to crypto platforms, referring to an uptick in scams ta...
Chase UK Bans Crypto Transactions Following Surge in Scams
Banking giant JPMorgan confirmed that its retail arm Chase is banning its British customers from making crypto transactions. British custome...
CFTC to Hold Virtual Events on Social Media Investment Fraud and AI
The crisis of online fraud, and, in particular, online scams that make use of social media platforms and influencers, is out of control. Fed...
India to Implement Dark Net Monitor to Thwart Crypto Crime
As India reels from a number of high-profile cases of crypto fraud and theft, including a scam that enlisted a Bollywood star as an influenc...
Delaware Is the Latest State to Ramp Up Efforts Against Crypto Fraud
As romance and pig butchering scams continue to fleece unsophisticated investors and lonely people who hoped to find companionship online, t...
Philippines Regulators Work With US Law Enforcement to Combat Crypto Fraud
How bad has the problem of cryptocurrency fraud and scams has gotten in the Philippines? The nation’s financial regulators have looked abr...
Thailand Authorities Bust $27 Million Crypto Scam, Over 3,200 Victims Affected
In a recent development from Thailand, authorities uncovered a massive crypto scam targeting local investors, with damages amounting to more...
Thai Authorities Detain Five Foreigners Over $76 Million Crypto Scam
Thai officials have arrested five foreign nationals for alleged involvement in a $76 million cryptocurrency investment scam. The Bangkok Pos...
News Explorer — FinCEN Urges Financial Institutions to Report Suspicious Activity Tied to Crypto ‘Pig Butchering’ Scams
DL News FinCEN Urges Financial Institutions to Report Suspicious Activity Tied to Crypto ‘Pig Butchering’ Scams The Financial Cr...
Elon Musk Under Fire for Allowing XRP Scam Posts to Proliferate
A new wave of XRP-related scams on X, formerly known as Twitter, has crypto users up in arms. Posts promising a significant XRP airdrop have...