Scams

Mubashar Nawaz (United Arab Emirates) July 29, 2023

How To Avoid Gift Card Scams In the Crypto Industry

Scammers trick people through various ways to obtain their gift card details. They offer individuals romance scams, fake price offers,…

Mubashar Nawaz (United Arab Emirates) July 29, 2023

A Drug Gang Launders Crypto From Prison Using Coinbase

A UK court has ruled a combined 88-year imprisonment for the gang at the back of a drug operation of…

Bradley Nelson July 27, 2023

UK’s NCA Seeks Blockchain-Experienced Investigators To Fight Crypto Crime

The National Crime Agency (NCA) in the United Kingdom has taken a proactive step to combat cryptocurrency-related crimes by establishing…

Hassan Mehmood (Saudi Arabia) July 22, 2023

US State Agency Issues Warning About Social Media Cryptocurrency Fraud

Vermont state regulators have issued a warning for the citizens concerning increasing levels of cryptocurrency scams. The state regulators have…

Hassan Mehmood (Saudi Arabia) July 20, 2023

China Authorities Arrest 21 in $54 Million USDT Money-Laundering Case

The police department of China has recently reported on a money laundering scheme using USDT as the base currency. The…

Stephen Causby July 18, 2023

National Australia Bank Halts A$270M Payments Cites Vulnerability to Scam

The National Australia Bank (NAB) joins other Australian lenders boycotting crypto platforms vulnerable to scams. The decision featured in the…

Steve Burnett July 5, 2023

What Is a Crypto Phishing Attack and How Can You Prevent It?

The crypto industry is growing rapidly and bringing lots of opportunities to investors, but with these opportunities come lots of…

Andrew Richard July 2, 2023

Logan Paul Hasn’t Compensated CryptoZoo NFT Holders Six Months Later – What Happened?

In January 2023, popular YouTuber Logan Paul encountered massive backlash for allegedly rug-pulling investors of his NFT game, CryptoZoo. Paul…

Hassan Mehmood (Saudi Arabia) June 25, 2023

Twitter Hacker Sentenced to 5 Years in Jail for Crypto Theft

Federal Judge Jed Rakoff has sentenced a British citizen on trial for Twitter hacking and SIM-swapping scams. The criminal under…

Stephen Causby June 17, 2023

Texas State Regulator Allege Crypto-based Lender Abra Insolvent Since March

The Texas State Securities Board alleges that Abra has misled stakeholders over its solvency. The state regulator issued an immediate…

Stephen Causby July 2, 2023

European Union Regulator Raid Instagram and Tik Tok for Hosting Crypto Scams Promoters

The European Consumer Organization (BEUC) has targeted major social media platforms for purportedly permitting misleading cryptocurrency advertisements. Currently, social media…

Stephen Causby June 5, 2023

OpenAI Allocates $1M to Fund AI-Driven Cybersecurity Programs

OpenAI has joined fellow tech-based companies to admit that criminals are continually formulating innovative channels to orchestrate illicit activities. Equipping…