Scams News
Kardashian and Mayweather in Hot Water Amid Lawsuit over Ethereum Max Promotion
What do Kim Kardashian, Floyd Mayweather and Paul Pierce have in common? They’re all getting sued by an aggrieved investor over an all...
Report: Crypto Crime Reached New Highs in 2021
In its annual Crypto Crime report, New York-based blockchain analytics firm Chainalysis has reported that although the percentage of illicit...
Australian Man Charged by SEC for Fraudulent ICO
Australian cryptocurrency entrepreneur Craig Sproule has been charged by the US Securities and Exchange Commission (SEC) for defrauding inve...
MonkeyBall NFT Drop Ends in Disaster with Buyers Losing SOL
A new game being developed on Solana called ‘MonkeyBall’ has caused mayhem as angry investors take to Twitter to voice their con...
Scam Alert: Security Firm Identifies Arbix Finance $10 Million Rug Pull
Blockchain security firm CertiK has identified Arbix Finance as a rug pull, warning users who have engaged with the protocol to stay way fro...
OpenSea Freezes 16 NFTs Worth $2.2 Million Following Phishing Scam
A Bored Ape collector’s NFTs have been stolen in a phishing attack, prompting top NFT marketplace OpenSea to step in and freeze the as...
SolGame NFT Rug Pull, Website and Social Media Shut Down
SolGame, a decentralised P2E (Play-2-Earn) NFT-focused project on Solana, appears to have pulled the rug after investors reported that the p...
New Spider-Man Movie Torrent Contains Malicious XMR Mining Program
Cybercriminals have to keep up with the latest trends in order to continue running their scams, so it comes as no surprise they’re exp...
Russia Central Bank Moves to Ban Investment in Crypto
According to a report by Reuters, the Central Bank of the Russian Federation (CBR) is looking to ban crypto investments. In a directive issu...
Chainalysis Report Shows Scam Revenue Rose 81% in 2021
Cryptocurrency scams, particularly rugpulls – when a team behind a project cuts and runs with investors’ funds – have become t...
96 Private Keys Stolen From Vulcan Forged Crypto Gaming Platform in $140 Million Theft
A hacker who exploited Polygon gaming platform and NFT marketplace Vulcan Forged was able to steal a total of over 4.5 million of the $PYR n...
$31 Million Stolen in MonoX DeFi Hack
The decentralised finance (DeFi) market has been hit by yet another hack, with US$31 million in a variety of cryptos stolen from MonoX Finan...