XVS price turns bullish as Venus Protocol recovers funds stolen from phishing scam
The platform has recovered the assets and returned them to the victim. The attack happened on September 2, and the swift action has restored user confidence. XVS gained 2% amidst…
South Korea cracks down on crypto scam after BTS star Jungkook hit in 39 billion hack
258 victims’ personal data stolen from six public and financial portals. BTS star Jungkook targeted with 8.4B won HYBE stock theft attempt. 21.3B won in virtual assets stolen, 12.8B won…
ADA price jumps as Cardano founder Charles Hoskinson responds to scam allegations
Cardano (ADA) has jumped 39% in July amid bullish technical patterns. Cardano founder Charles Hoskinson has denied scam claims. A break above $0.80 could push ADA toward $1 and beyond.…
US sanctions tech firm tied to multi million dollar crypto scam operations
The US government on Thursday imposed sanctions on Funnull Technology Inc. Tools provided by Funnull made it easier for fraud networks to switch domains and evade detection. Under the sanctions,…
Crystal Intelligence acquires Scam Alert, aims to protect crypto users from fraud
Crystal buys Scam Alert to fight crypto scams. Uses AI to track fraud and help victims. Backed by Tether, Polygon, and Ethereum Foundation. As crypto fraud reaches alarming new heights,…
Australians considered “easy prey” for crypto scam call centers
Call centers avoid targeting Americans because they didn’t want the FBI after them Australians are targeted because the AFP is less likely to go after the scammers A former call…
SEC charges two brothers in $60 million Ponzi scam
The Securities and Exchange Commission filed charges against Jonathan Adam and Tanner Adam over a $60 million Ponzi scheme. SEC says it received emergecy relief to freeze the brothers’ assets…
Wisconsin launches an investment scam tracker to combat crypto fraud
Wisconsin DFI launches tracker to combat crypto and investment fraud. Nearly $3.55M was lost to fraud in Wisconsin from Jan 2022 to June 2024. Tracker updates regularly and it is…
ETHTrustFund DAO accused of $2M rug pull in latest crypto scam
ETHTrustFund DAO allegedly stole $2M and laundered funds via mixer apps. Developer Peng went silent months before the rug pull and deleted all accounts. Besides ETHTrustFund, other recent rug pulls…
Dutch police arrest suspect in $30 million ZKasino scam
Dutch police arrested a 26-year-old man on April 29. The arrest is connected to the ZKasino crypto gambling scam that involves over $30 million. Police have seized 11.4 million euros…