Scams News
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...
Ledger Warns of New Scam Involving Fake Letters Asking for Recovery Phrases
There’s a new type of scheme targeting Ledger users directly, and it involves the same good ol’ phishing attacks, but this time, sent vi...
Melbourne Accountant Sees $30K Assets Frozen: CommBank Flags Legit Crypto Purchase as a Scam
Andrew Broadbent, a Melbourne accountant, tried to invest AU$30,000 in Bitcoin last August through crypto brokerage Stormrake. But the Commo...
$100k Wipe-out: Crypto CEO Lost 75% of BTC, ETH in ‘Elusive Comet’ Video Call Scam
A sophisticated scam has taken place through Zoom resulting in Jake Gallan, CEO of Emblem Vault, losing over US$100,000 (AU$157,707) in digi...