Crypto phishing scams drained $46M in September
Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million. ...
Tag: Scams
SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with carrying ...
Department of the Treasury Sanctions Cambodian Senator Accused of Running Crypto Scams
The financial intelligence and enforcement agency of the U.S. Treasury Department is announcing sanctions against a Southeast Asian lawmaker and ...
China’s ‘point running’ crypto scams, pig butchers kidnap kids: Asia Express
Chinese crypto noobs are being tricked into laundering funds for ‘rewards’ — and pig butchering scammers are kidnapping kids: Asia ...
FBI Says Scams Targeting Crypto Users Skyrocketing in Severity and Complexity After $5,600,000,000 Lost in 2023
The U.S. Federal Bureau of Investigation (FBI) is detailing the rising scale and complexity of cryptocurrency fraud schemes. In its ...
Crypto scams involving Bitcoin ATMs explode by 1,000% since 2020 — FTC
As Bitcoin ATM scams surge, particularly targeting older adults, the FTC and industry leaders stress the importance of caution and ...
Federal Trade Commission Issues Warning on Crypto ATM Scams, Says Victims Losing $10,000 on Average: Report
The Federal Trade Commission (FTC) is reportedly issuing a warning about crypto ATM scams, noting that victims are losing thousands ...
Romance and crypto scams surge on Canadian dating apps
Canadian authorities warn against discussing cryptocurrency investments with online matches, advising that such conversations should be considered a red flag. ...
Meta, Match, Coinbase and others team up to fight online fraud and crypto scams
Hosting scams on your platform is bad for business, which is why on Tuesday, a group of major tech companies ...
CFTC Warns Public of ‘Money Mule’ Scams Involving Crypto Disguised As Work-From-Home Opportunities
Students and job seekers should be wary of a specific type of crypto scam falsely promising work-from-home opportunities, warns the ...