Scams

(David Trinks/Unsplash)
Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI
Overall, investment fraud grew by 38% to $4.57 billion from $3.31 billion, according to the bureau's Internet Crime Report 2023, with crypto being the largest type of scam.
(David Trinks/Unsplash)

HyperVerse's promoters paid an actor to pose as CEO, according to court documents. (HyperVerse on YouTube)
When Is a Ponzi a Ponzi?
U.S. authorities indicted the operators of HyperVerse, an alleged $1.8 billion “Ponzi scheme.” There’s a fine line between a “fraudulent investment scheme” and many crypto pro...
HyperVerse's promoters paid an actor to pose as CEO, according to court documents. (HyperVerse on YouTube)

A computer popup box screen warning of a system being hacked, compromised software enviroment. 3D illustration. (Getty Images)
Crypto Rug Pulls: What Are They & How to Avoid Them
Crypto rug pulls cause billions of dollars in loses in the global crypto markets.
A computer popup box screen warning of a system being hacked, compromised software enviroment. 3D illustration. (Getty Images)

(Alexander Grey/Unsplash)
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.
(Alexander Grey/Unsplash)

Security (Jarmoluk/Pixabay)
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth...
Security (Jarmoluk/Pixabay)

(Pixabay)
Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ
Tether said Monday it froze $225 million of its USDT stablecoin in light of DOJ investigations.
(Pixabay)

hand holding $20 bill in front of trees
DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.
hand holding $20 bill in front of trees

(Shutterstock)
OneCoin Co-Founder Karl Greenwood Sentenced to 20 Years in Prison
U.S. District Judge Edgardo Ramos also ordered Greenwood to forfeit $300 million, the approximate amount he pocketed from the scheme.
(Shutterstock)

U.S. Rep. George Santos (R-NY) allegedly approached a wealthy donor in a crypto-related scheme (Photo by Alex Wong/Getty Images)
Disgraced U.S. Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: NYT
A campaign donor told The New York Times that Santos and two others appeared to be trying a crypto-centric version of the classic Nigerian scam on him.
U.S. Rep. George Santos (R-NY) allegedly approached a wealthy donor in a crypto-related scheme (Photo by Alex Wong/Getty Images)

Actor Ben McKenzie (Sam Barnes/Web Summit via Sportsfile)
Ben McKenzie, the Hollywood Hypocrite Crypto Critic
The OC dreamboat has some reasonable criticisms of crypto. But he’s guilty of doing what he scolds: oversimplifying the story to make money for himself.
Actor Ben McKenzie (Sam Barnes/Web Summit via Sportsfile)