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 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 hit $51 billion in 2024, with sophisticated criminals shifting to stablecoins for 63% of all illicit transactions.Ransomware payments decreased by 35%, but...

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...

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...

The FBI has initiated Operation Level Up to combat the rising tide of cryptocurrency investment Scams across the United States. Federal investigators are...

Cryptocurrency scam revenues hit a record $12.4 billion in 2023, with pig-butchering schemes accounting for $9.9 billion. Scammers are leveraging Artificial Intelligence and expanding operations...

Memecoin-related scams and rug pulls resulted in losses exceeding $500 million in 2024, according to Merkle Science. Social engineering attacks predominantly occurred on X (75%)...