Financial institutions must protect account holders from scam
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto scams are surging across the United States, with the FBI’s latest cryptocurrency report revealing that Americans lost a staggering $5.6 billion in 2023—a worrying 45% increase from 2022. Alarmingly, older adults, […]
Jakarta police nab 20 in crypto scam targeting women on Tinder and Bumble
Police in Jakarta have dismantled a crypto romance scam syndicate that targeted victims on dating apps and duped them using a fake crypto trading platform. The Metro Gambir Police in Central Jakarta have arrested 20 suspects in connection with an elaborate crypto romance scam that targeted middle-class women, mostly professionals such as lawyers and doctors […]
Solana’s meme coins FAFO soars amid Visa’s crypto scam
A crypto token on Solana was advertised on Visa’s official Facebook account on Jan 27, 2025, while another Solana-based meme coin FAFO Barron shot up over 250% in a short span of a few hours after President Donald Trump posted a picture. Visa’s Facebook compromised in crypto scam On Jan. 27, hackers compromised Visa’s official […]
Victim loses $520k in LINK to fake bridge website: Scam sniffer
A crypto holder lost more than half a million dollars after signing a malicious transaction on a fake cross-chain bridge. Web3 security platform Scam Sniffer reported the incident on Jan.6, posting on X that the victim lost more than $520,000 in Chainlink (LINK) to a malicious crypto bridge. On-chain details reveal that the victim signed […]
Crypto scam victim files $3m lawsuit against three Asian banks
Three Asian banks are being sued after they allegedly failed to protect a customer from a $1 million crypto scam by neglecting basic Know Your Customer and Anti-Money Laundering checks. Ken Liem, a resident of California, has filed a lawsuit against three banks, namely Hong Kong-based Fubon Bank Limited and Chong Hing Bank Limited, alongside […]
Vietnam police dismantle $1m QFS crypto scam claiming ties to ancient treasures
Authorities in Vietnam have cracked down on a major cryptocurrency scam that defrauded over 400 locals and 100 businesses out of roughly $1.17 million. According to local media, the Hanoi police have apprehended the general director and seven key suspects involved in a cryptocurrency fraud scheme involving the sale of a fake token created and […]
Zoom scam targets crypto users warns blockchain security firm SlowMist
A phishing scam targeting crypto users that used fake Zoom meeting links as a method of malware distribution and stealing the target’s cryptocurrency assets has been uncovered by blockchain security firm SlowMist. Source link
Logan Paul denies CryptoZoo scam, Munchables boosts security: Nifty Newsletter
NFT Marketplace OpenSea added support for the ERC-721C standard, which allows creators to set and enforce royalties. Source link
YouTuber Logan Paul argues CryptoZoo ‘isn’t a scam’ in new documentary
Logan Paul said that the CryptoZoo saga is “far from over” because it was a one-sided story. Source link
