Browsing: Scams

Cryptocurrency scams are surging in 2025, with losses exceeding billions due to sophisticated tactics like impersonation and address poisoning, driving urgent needs for better security and regulation.

A sophisticated scam involving a fake UK police officer led to a $2.8 million Bitcoin theft, highlighting evolving threats in cryptocurrency security and the urgent need for global regulatory responses and technological solutions to protect investors.

Exploring the surge in cryptocurrency fraud cases and the global push for stricter regulations to protect investors and maintain market integrity.

Address poisoning scams have surged in the cryptocurrency world, with over $1.6 million lost in just one week, highlighting the urgent need for increased vigilance and regulatory oversight.

Exploring the legal consequences of cryptocurrency fraud and the urgent need for enhanced regulatory measures to protect investors and maintain market integrity.

In 2025, the cryptocurrency sector faces a security crisis with over $3.1 billion lost to vulnerabilities, highlighting the urgent need for comprehensive safeguards and regulatory action.

Grosse Pointe Farms, Michigan, has enacted regulations for crypto ATMs to combat scams, setting a precedent for consumer protection in the crypto space.

A New Zealand woman is accused of murdering her mother after allegedly stealing tens of thousands to invest in cryptocurrency, highlighting a tragic intersection of family betrayal and digital currency volatility.

Exploring the factors behind the surge in crypto-related crimes and what the future holds for safer digital currency practices.

Swiss regulators have mandated Swissquote to address the surge in phishing and impersonation scams targeting its platforms, highlighting the ongoing challenges the crypto industry faces with fraudulent activities.

The US Department of Justice charges four North Koreans with stealing $1 million in cryptocurrency from blockchain startups, highlighting the ongoing threat of cyber theft in the crypto sector.

A lawsuit against Citibank reveals the bank’s alleged negligence in a $20M crypto romance scam, spotlighting the urgent need for financial institutions to bolster fraud prevention measures.

Coinme, a Seattle-based crypto ATM operator, has been fined $300,000 for violating California’s Digital Financial Assets Law, marking the state’s first enforcement action under this legislation.

A 77-year-old widow’s heartbreaking loss of $281,947 in a crypto ATM scam underscores the urgent need for awareness and regulation in the cryptocurrency space.

A Florida investor alleges a $860K loss in a crypto trading scam involving a Denver-based school and a fake exchange, underscoring the risks in the cryptocurrency market.

Blockchain investigators warn of a ‘crime supercycle’ in crypto, driven by political memecoins and lax regulations.

Exploring the nuanced world of crypto crime beyond the headlines, this article delves into the technical exploits and regulatory challenges facing the blockchain industry today.