Scams

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...

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,...

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...

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...

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...

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...

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...

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

ASX shareholder seeks court approval to sue directors over blockchain failure

A shareholder is seeking court permission to sue former ASX officers and directors over alleged breaches tied to the...

AI pattern breaks Flock, Clearview, Axon cameras at Def Con

Bill Swearingen’s noRecognition project generates patterns that stop camera software from classifying what it covers—people, faces, or cars.The patterns...

Cerebras shares sink 15% as hardware revenue drops 23% in Q2

Cerebras Systems stock fell 15% after-hours despite raising its full-year outlook, as hardware revenue dropped 23% to $54.1 million.Cloud...