Scams

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%)...

Over $65 million lost to social engineering attacks on Coinbase users in just two months. Annual losses estimated at $300 million, with potential for higher...

Nebraska's Banking Committee scheduled hearing on cryptocurrency kiosk regulations to combat rising fraud cases. Proposed bill LB 609 aims to implement licensing requirements, transaction limits,...

Nebraska Legislature considering new regulations for cryptocurrency kiosks to combat rising fraud cases. FBI reported over 5,500 crypto kiosk-related complaints in 2023, with losses exceeding...

Phishing attacks cost the cryptocurrency sector over $1 billion in losses during 2024. CertiK identified 296 separate phishing incidents targeting digital asset holders. Attackers primarily focus...

Scammers exploited hacked social media accounts to raise $3.5 million through Solana-based memecoins on Pump Fun platform High-profile compromised accounts included McDonald's, Usher, and Wiz...