Vietnamese authorities have allegedly prevented losses of nearly 30 billion Vietnamese dong ($1.17 million) and saved 300 potential victims from fraudulent investments in a major cryptocurrency scam token. Hanoi City Police arrested individuals linked to Million Smiles, the company...
On-chain investigator Taylor Monahan exposed a scheme where scammers pose as recruiters from top crypto firms. They use platforms like LinkedIn, Telegram, and freelancing sites to lure targets with high-paying job offers. Victims interested in an online scheme are...
The U.S. Federal Bureau of Investigation (FBI) and Japan's National Police Agency have confirmed that the North Korean hacking group TraderTraitor orchestrated the May 2024 hack of Japanese exchange DMM Bitcoin. According to the FBI, the group is known...
A new scam targeting cryptocurrency users has surfaced, in which fraudsters trick victims into stealing funds from multi-signature wallets. The scam's tactics, exposed in a December 23 blog post by cybersecurity firm Kaspersky, involve using fake seed phrases to...
The United States and South Korea are reportedly collaborating on developing advanced mechanisms to combat cryptocurrency thefts allegedly tied to North Korea. According to South Korea's Yonhap News Agency, the two nations have signed an agreement to jointly develop...
Richard James Schueler, better known in the cryptocurrency world as Richard Heart, is now one of the most wanted individuals on Europol’s radar. Interpol recently issued a Red Notice for the Hex and PulseChain founder on behalf of Finland,...
The United States’ Securities and Exchange Commission has charged Tai Mo Shan Ltd., a subsidiary of Jump Crypto Holdings, in connection with the 2022 collapse of Terra’s algorithmic stablecoin, terrausd (UST). In a settlement announced recently, Tai Mo Shan...
A federal jury in Virginia has found Mohammed Azharuddin Chhipa of Springfield guilty of conspiring to provide material support to ISIS. Prosecutors disclosed that between October 2019 and October 2022, Chhipa raised over $185,000 in cryptocurrency to support a...
Nigeria's Economic and Financial Crimes Commission (EFCC) has apprehended 792 individuals for alleged involvement in a widespread cryptocurrency romance scam. According to a report by Reuters, On December 10, authorities raided a building in Lagos believed to be a...
New Zealand’s top financial regulator, the Financial Markets Authority (FMA) has issued a warning about a new crypto investment scam targeting the country’s citizens. According to the regulator, the scam is promoted through YouTube channels that offer fake crypto...
