Scam

DeFi

People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds

Kevin ReynoldsMay 22, 2021

A not-so-classy message on the DeFi100.org website told investors they'd been fooled and "you can't do [the slightest thing] about it."

Security

New to Bitcoin? Stay Safe and Avoid These Common Scams

Benjamin PowersDec 16, 2020

Welcome to the world of bitcoin, where you are your first and last line of defense against scammers and fraudsters.

Scam

UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns: Report

Kevin ReynoldsJun 19, 2021

The company is the latest U.K. bank to act to crack down on cyber-crime.

Phishing

‘Convincing’ Phishing Attack Targets Ledger Hardware Wallet Users

Benjamin PowersOct 27, 2020

Ledger confirmed that for the last week some customers have been the target of a phishing attack.

Securities Law

SEC Moves to Freeze Assets of Alleged $12M Crypto Investment Scam

Danny NelsonJun 5, 2020

The SEC is trying to freeze the assets of a cryptocurrency mining and multilevel marketing scheme that it claimed bilked investors of $12 million.

Scam

Token Sale

US Court Freezes Assets Linked to Alleged $9M ICO Scam

Paddy Baker

A federal court has frozen assets raised from investors in the Meta 1 Coin token sale.

Twitter

Musk Impostors Hack Lawmaker, Publisher Accounts in New Crypto Scams

Aditi Hudli

A number of verified Twitter accounts were hacked to look like Elon Musk's as part of an effort to defraud owners of bitcoin.

Twitter

Twitter Promoted a Fake Elon Musk Crypto Giveaway Scam

Stan Higgins

A verified Twitter account masquerading as Elon Musk was used to publish and circulate a promoted tweet for a crypto scam Thursday.

Asia

India’s Ruling Party Accused of Involvement in ‘Mega Bitcoin Scam’

Muyao Shen

The largest political party in India is accusing the ruling Bharatiya Janta Party (BJP) of being involved in a bitcoin scam to launder money.

Twitter

Scam Twitter Profile Impersonates 6 Different Crypto Accounts

David Floyd

Filmmaker Seif Elsbei's Twitter account has been hacked, and took on the personas of at least six different cryptocurrency developers and exchanges.

Crime

Vietnam Investigates ICO Fraud After $660 Million in Losses Reported

David Floyd

A team that conducted two token sales involving thousands of investors has gone dark.

Crime

Scammers Are Posing As Crypto Exchange Support Staff, Says FBI

Nikhilesh De

The FBI's Internet Crime Complaint Center warned against criminals who pretend to be tech support for crypto exchanges.