Scams
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CZ Urges Elon Musk to Ban Automated Bots on X to Protect Crypto Community from Scams
Binance founder CZ has called on Elon Musk to eliminate automated bots from X platform, addressing a persistent issue in the crypto community.Market disappointment...
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Strathcona County Residents Lost $6.4 Million to Cryptocurrency Scams Since 2023
Strathcona County residents have reported over $6.4 million in cryptocurrency scam losses since January 2023.Fraudsters create fake investment platforms using celebrity images, fake endorsements,...
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Hermitage Police Report $596,800 Lost in Cryptocurrency Scams
Hermitage residents lost nearly $600,000 to cryptocurrency Scams in recent months, with criminals exploiting Bitcoin ATMs for payments.Older adults (60+) are particularly vulnerable to...
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Manitowoc Police Warn Public About Cryptocurrency Scams Targeting Seniors
Manitowoc Police warn residents about ongoing cryptocurrency Scams primarily targeting older adults.Legitimate government agencies and businesses never request cryptocurrency as payment.Cryptocurrency transactions lack consumer...
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Crypto Crime Surges to Record $51 Billion as Criminals Shift to Stablecoins, AI Scams
Crypto crime hit $51 billion in 2024, with sophisticated criminals shifting to stablecoins for 63% of all illicit transactions.Ransomware payments decreased by 35%, but...
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Senator Durbin Introduces Bill to Combat Crypto ATM Scams After Constituent Loses $15,000
U.S. Senator Dick Durbin introduces new legislation targeting cryptocurrency ATM fraud prevention.
A constituent lost $15,000 through a crypto ATM scam involving fake arrest warrant...
News
Crypto Community Debates Social Shaming as Solution to Memecoin Scams
Cryptocurrency industry leaders propose social ostracism as a deterrent against memecoin scam operators.
Paradigm researcher suggests community-driven accountability could discourage insider trading in meme tokens.
Trader...
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FBI Launches Operation Level Up to Combat Cryptocurrency Investment Scams
The FBI has initiated Operation Level Up to combat the rising tide of cryptocurrency investment Scams across the United States.
Federal investigators are...
Latest news
Ethereum and Solana Staking ETFs May Launch Soon With New Structure
First Ethereum and Solana staking ETFs in the U.S. could launch in the coming weeks.
REX Shares filed with a...
Russian Agricultural Bank Eyes Cryptocurrency for Grain Trade Payments
The Russian Agricultural Bank and the Bank of Russia are examining ways to use cryptocurrency for grain payments.
The plan...
FTX to Begin $5B Repayments, Potential Boost for Crypto Markets
The FTX Recovery Trust will start distributing over $5 billion in cash and stablecoins to creditors on Friday.Recipients will...