Top Highlights $61 Million Confiscation: Homeland Security seized over $61 million in Tether (USDT) linked to multi-wallet laundering schemes involving…
Browsing: Crypto Scams
Essential Insights Sentencing: Former SafeMoon CEO Braden Karony was sentenced to 8 years in prison for multi-million dollar crypto fraud…
Fast Facts Massive Losses from Address Errors: Two crypto users lost a staggering $62 million combined due to copying incorrect…
Fast Facts Prevalence of Scams: A study by Chainstory found that 62% of crypto press releases are from high-risk or…
Fast Facts Escrow Markets as Laundering Hubs: Telegram-based escrow markets, initially intended for legitimate transactions, have evolved into major channels…
Essential Insights Soaring Scam Losses: Crypto-related scams skyrocketed by 64% in 2025, contributing to over $1.37 billion in losses, driven…
Summary Points Data Breach Fallout: Ledger disclosed a data breach at its partner Global-e, exposing customer details such as names…
Fast Facts Rising Crypto Violence: Physical attacks on crypto users, known as “wrench attacks,” are increasing globally, with Western Europe…
Essential Insights Significant Decrease in Exploit Losses: December 2025 saw a 60% drop in crypto exploit losses to $76.2 million…
Essential Insights Soulja Boy’s Apology: The rapper claimed ignorance of Sahil Arora’s role in promoting scams, apologizing for past promotions…