Scams News
SBF trial underway, Mashinsky trial set, Binance’s market share shrinks: Hodler’s Digest, Oct. 1-7
Top Stories This Week Opening arguments begin in Sam Bankman-Fried trial The trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off ...
Report: September Poised to Be Worst Month for Crypto Fraud with Record Amounts Stolen
September has been one of the most brutal months in cryptocurrency’s history for scams and fraud, with Certik’s monthly security report ...
This security tool can detect honeypots and other Web3 scams
Presented by Web3 Antivirus As the Web3 world evolves, so too do scam techniques. As crypto literacy continues to grow among all demographic...
Bitcoin Blackmail Scams Most Successful Attack Vector, But Ransomware on the Rise
In crypto, the threat of scams looms large, and recent research by Coin Kickoff reveals a startling trend. Bitcoin blackmail scams have emer...
Binance Helps Thailand With Crypto Pig Butchering Scams, Plans Thai Exchange in Q4
The world’s largest crypto exchange, Binance, has been assisting law enforcement in Thailand in a crackdown on criminal networks. Furtherm...
Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi
Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, accor...
Regulators Grapple With Dilemma Over How to Allow AI Innovations and Thwart Scams
YouTuber MrBeast has shared his Artificial Intelligence (AI) deepfake clip to inform his followers about the scams. Meanwhile, one of the mo...
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...