Scams
News
US Sanctions Prince Group, Seizes $15B in Bitcoin Linked to Scams
The U.S. imposed 146 sanctions on Cambodia’s Prince Group and requested the forfeiture of $15 billion in Bitcoin.
The action targets a large-scale scam operation...
News
ASIC Expands Crackdown After 14,000 Online Scams Taken Down
ASIC has taken down 14,000 online scams since July 2023, with over 3,000 involving cryptocurrency.The regulator is expanding its enforcement to include social media...
News
DOJ Seizes $225M in Crypto Linked to Pig Butchering Scams
U.S. Department of Justice (DOJ) moved to seize $225 million in cryptocurrency linked to pig butchering scams.
The DOJ acted through a forfeiture motion without...
News
Australian Police Crack Down on Crypto ATM Scams, Contact 90 Users
Australian police contacted over 90 people linked to suspected criminal use of crypto ATMs.Victims lost more than $2 million in cryptocurrency ATM scams between...
News
Fort Myers Officials Crack Down on Rising Crypto ATM Scams on Seniors
Fort Myers officials are taking steps to address a rise in cryptocurrency Scams using crypto ATMs, with seniors being the primary targets.
The city has...
News
Women Lose $50K in Crypto Scams After Clicking PM Facebook Ads
Two women lost nearly $50,000 in cryptocurrency Scams after responding to Facebook ads.
Ads featured images of Prime Minister Mark Carney and promoted fake investment...
News
Parksville Qualicum Beach Residents Lose Thousands to Online Scams
Residents of Parksville Qualicum Beach reported multiple Scams and thefts to local police from April 14 to April 20.Victims lost amounts between $220 and...
News
Memecoins Fuel Crypto Debate as Politics, Scams, and Laws Collide
Memecoins remain highly speculative and are often linked to scams, attracting scrutiny from investors and policymakers.
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Latest news
US Seizes $14B in Bitcoin—Debate Rages Over Reserve or Restitution
The U.S. Department of Justice seized $14.4 billion in Bitcoin from the alleged leader of a major international crypto...
OpenAI Faces Race to Bridge Revenue Gap in Trillion Dollar Gamble
OpenAI plans to spend over $1 trillion on Artificial Intelligence development and infrastructure over the next decade.
The company currently...
Altcoins Surge as Fed Signals Rate Cut; Bitcoin Eyes $130K Upside
Altcoins, including Ethereum and Solana, led gains as cryptocurrency markets rebounded mid-week.
Federal Reserve signals potential interest rate cuts, boosting...
