Scam
U.S. Moves to Recover Over $40,000 in Crypto Stolen in Trump-Vance Email Scam
Key Insights The DOJ filed a complaint to recover $40,353 in USDT stolen through a scam impersonating the Trump-Vance Inaugural Committee. A…
ASIC Battles Crypto Fraud: 615 Scam Sites Taken Down
Key Insights Australian regulator ASIC removed 615 cryptocurrency investment scams in the past year. ASIC has taken down over 7,300 fraudulent websites…
Crypto Scam Victim Sues Google for $5 Million Over Fraudulent App
Key Insights Florida resident Maria Vaca is suing Google for $5 million after losing money to a crypto scam app called Yobit…
Crypto Users Beware: QR Code “Test” Leads to Wallet Theft
Key Insights Bitrace uncovers a new crypto scam using QR codes to trick users into authorizing wallet access, resulting in at least…
Crypto Hacks and Scams Surpass $1.19 Billion in 2024
Key Insights Crypto industry losses reach $1.19 billion in 2024, with July accounting for $269.4 million primarily due to the $235 million…
U.S. Judge Sentences Sabrina Elofer in $100 Million Binary Options Scam
Key Insights Sabrina Elofer sentenced to time served plus six months home confinement for role in binary options fraud, agrees to pay…
Trezor Users Targeted in Latest Crypto Phishing Scam
Key Insights Trezor cryptocurrency wallet users reported receiving phishing emails this week requesting they download a fake firmware update. Cybersecurity experts believe…