Scams

AI-Driven Crypto Scams Surge, Causing $17B Losses in 2025:US

Estimated crypto scam losses reached $17 billion in 2025.Average scam payment rose to $2,764, a 253% increase from 2024.Impersonation scams using deepfakes grew more...

Impersonation Scams Surge 1400% as AI Fuels Crypto Fraud Now

Impersonation scams targeting crypto users surged about 1,400% year‑over‑year in 2025.The average loss per impersonation attack rose by over 600%, indicating larger single losses.Scammers...

Memecoin Scams Surge in 2025 with Political Figures Involved

Since mid-2024, memecoin trading surged, increasing risks of scams like rug pulls and pump-and-dump schemes. High-profile figures, including US President Donald Trump and...

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...

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...

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...

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...

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...

Latest news

US Probes Binance Over Iran Sanctions Violations

The Manhattan US attorney's office and the Justice Department are investigating Binance over potential Iran sanctions violations, Bloomberg reported...

EU central banks drop stablecoin deposit rule for liquidity

The European System of Central Banks (ESCB) proposes replacing mandatory bank-deposit thresholds for stablecoin reserves with new liquidity requirements.The...

Critical VeloCloud Orchestrator flaw actively exploited

Arista disclosed a critical flaw (CVE-2026-93952) in on-premises VeloCloud Orchestrator (VCO) actively exploited as of September 22.The vulnerability, with...