To fight crypto scams, Senate bill would limit spending at bitcoin ATMs
Illinois Sen. Dick Durbin announced legislation Tuesday that would institute sweeping new regulations for the nation’s crypto ATM industry.The machines...
Scams
Over $5.5 Billion Stolen in Pig Butchering Scams: Cyvers Reports
A disturbing trend emerges in the demographic profile of pig butchering scam victims. While older adults have historically been the...
Bybit hackers may be behind Solana memecoin scams — ZachXBT
The North Korean cybercrime unit may be behind some of the recent memecoin rug pulls on Solana. Source link
Employee Siphoned $5.7M Using Fake Transactions (Report)
Ho Kai Xin, a former payroll processing staff member at WeChain Fintech Singapore, has been sentenced to nine years and...
Beware of NFT scams! Scammers will insist that you purchase – Binance
Beware of NFT scams! Scammers will insist that you purchase an NFT, claiming that a $1 NFT is worth $40...
Series Of Shameful Scams Hurt The Case For Bitcoin
President of Argentina Javier Milei of La Libertad Avanza on November 19, 2023 in Buenos Aires, ... Argentina. (Photo by...
SOL Price Struggles Below $200 Amid Increased Scams on Solana
Solana (SOL) price has been struggling below $200, currently down nearly 13% over the past 30 days. Despite strong momentum...
Pig Butchering Scams Drive Crypto Fraud to $9.9 Billion in 2024
A recent report by blockchain analytics firm Chainalysis revealed that crypto scams generated at least $9.9 billion in illicit revenue...
2024 Pig Butchering Crypto Scam Revenue Grows 40% YoY as Industry Increases Sophistication
In 2024, cryptocurrency scams received at least $9.9 billion on-chain, an estimate that will increase as we identify more illicit...
FBI initiative saves thousands from crypto scams, recovers $285 million
The FBI’s initiative to counter crypto investment fraud has helped thousands of victims avoid losing millions of dollars since its...