Scams News
ASIC Joins Telegram Groups to Warn Investors Against Pump-and-Dump Schemes
Due to the increasing activity of pump-and-dump campaigns coordinated over social media and instant messaging platforms, the Australian Secu...
Alex Saunders Ordered to Pay $500,000 by Default for Unpaid Crypto Loans
Former influential cryptocurrency influencer Alex Saunders has been ordered by the Supreme Court of Victoria to pay upwards of A$500,000 to ...
Tinder, Bumble and Grindr iOS Users Targeted by Latest Crypto Scam, Called ‘CryptoRom’
A relatively new cryptocurrency trading scam is preying on iPhone users via popular hook-up platforms such as Tinder, Bumble and Grindr. Dub...
Banned Convicted Art Forger Launches NFT Collection; Will It Succeed?
Convicted German art forger Wolfgang Beltracchi has entered the NFT world, launching his very own digital NFT museum. Beltracchi is recreati...
Developer Behind ‘Evolved Apes’ NFT Project Makes Off With $2.7 Million
A non-fungible token (NFT) project on the OpenSea marketplace has been hit by a rug-pull of note, with the developer running away with US$2....
Alleged 17-Year-Old Artist Sells Fake NFTs in $500,000 RugPull
Iconic Sol, an NFT project on the Solana blockchain, has apparently rugged its investors after failing to deliver several artwork pieces and...
Crypto Romance Scams Cost Americans $133 Million in the First Half of 2021
Americans are increasingly falling into the tender trap of online romance scams, backed by figures for the first half of 2021. From January ...
Bitcoin.org Hacked and Promotes ‘Double Your Bitcoin’ Scam
Educational content platform Bitcoin.org has suffered a security breach and ended up in the hands of unidentified attackers who started prom...
Aussie Wunderkind Sentenced to 7 Years for Crypto Ponzi Scheme
Stefan He Qin, the Australian man who pleaded guilty to securities fraud totalling more than US$50 million, has been sentenced in a New York...
Fake News Alert: Litecoin Surges on Walmart Adoption Hoax
We can now officially add “fake news” to a growing list of crypto scams after a bogus press release went out on September 13 cla...
14 Arrests Made Following $5 Million Crypto Investment Scam
An old-fashioned honey trap has led to more than 100 victims becoming ensnared in a crypto investment scam that relieved them of almost US$5...
Fake Banksy NFT Sells For A$465,000 Amid Suspicion the Artist’s Website Was Hacked
A British crypto art collector who paid almost half a million dollars for a non-existent NFT by graffiti artist Banksy was most likely the v...