Scams News
Ukraine Update: Over $56 Million in Donations, Airdrop Cancelled and Scams Aplenty
Over US$56 million in crypto donations have now been sent to support Ukraine in its ongoing conflict with Russia. This milestone comes amid ...
Users Left Fuming After $70 Million Pixelmon NFT ‘Rug’
Non-fungible token (NFT) project Pixelmon has gravely disappointed investors who pooled US$70 million after releasing NFTs nowhere near the ...
Chainalysis Reveals ‘Criminal Whales’ Hold $25 Billion in Digital Assets
A new Chainalysis report has revealed that a total of 4,068 “criminal whales” across the globe are holding US$25 billion in digi...
Mintable Recovers NFTs Stolen in OpenSea Exploit
NFT marketplace Mintable has recovered three NFTs that were stolen in a recent phishing attack on the OpenSea platform. The company is now l...
Scam Alert: Beware of Telegram Bots Stealing Your Crypto with One-Time Passwords
Hackers are using Telegram bots to trick users into handing them access to their cryptocurrency accounts. One US citizen lost US$106,000 aft...
FBI Announces Crypto Crime Division to Tackle Ongoing Ransomware Attacks
The US Department of Justice has announced the establishment of the National Cryptocurrency Enforcement Team (NCET). The unit, which will sp...
Crypto Detective Coffeezilla Exposes $20 Million ‘Squiggles’ NFT Scam
Self-appointed “internet detective” and YouTuber Coffeezilla has posted a new video explaining how he and members of the cr...
Australian Consumer Watchdog Investigates Meta (Facebook) for Crypto Scam Ads
The ACCC (Australian Competition and Consumer Commission) is investigating Facebook’s parent company Meta for allowing crypto scammers to ...
YouTuber ‘Ice Poseidon’ Admits Stealing $500,000 in Blatant Crypto Scam
Ice Poseidon, also known as Paul Denino, a YouTube streamer and internet personality, has admitted to scamming fans out of US$500,000 in a c...
TIME Token Collapses 60% Amid Revelation that Co-Founder is a Known Convict
DeFi (Decentralised Finance) project Wonderland has seen its native token TIME collapse 60 percent after it was revealed it had been co-foun...
Report Shows $33 Billion in Crypto ‘Money Laundering’ by Cybercriminals
New research by blockchain data firm Chainalysis shows there has been an estimated US$33 billion laundered through crypto in the past five y...
Developers Pull Off Third NFT Rug-Pull for $1.3 Million, ‘Verified’ Project ‘Big Daddy Ape Club’
The Big Daddy Ape Club, a non-fungible token (NFT) project on Solana (SOL), has pulled the rug on investors for 9,136 SOL (an estimated US$1...