Scams

An on-chain investigation has revealed that North Korea IT workers posing as foreign developers have earned nearly $17 million from crypto startups and blockchain companies this year.The findings, revealed by prominent blockchain…

The first half of 2025 exposed deep vulnerabilities in the crypto industry, with hackers stealing over $2.1 billion across 75 separate incidents.This marks a 10% increase from the previous H1 record of $2 billion in 2022 and nearly…

A new wave of cyberattacks shows the DPRK is exploiting the crypto industry’s recruitment funnel, using fake LinkedIn job offers, deep‑fake Zoom calls, and backdoored interview files to access Web3 developers’ wallets and…

Investigators have linked a figure in the $30 million ZKasino alleged scam to a fresh cryptocurrency project branded WhiteRock (WHITE), on-chain analyst ZachXBT reported in a June 16 post on X.WhiteRock surfaced in December 2024 with an…

The fallout from Coinbase’s recent data breach has reached a troubling new phase as victims report receiving fraudulent physical letters in the mail, exploiting their exposed personal information to advance a credit protection scam.The…

The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online crypto investment scams known as “pig butchering,” which defrauded American…

A crypto trader lost over $2.5 million worth of Tether (USDT) after falling for the same scam twice within hours.On May 26, blockchain security firm Scam Sniffer reported that the first error occurred when the trader copied a manipulated…

Dubai-based Indian memecoin creator, Sahil Arora, called memecoin rug pull schemes the most lucrative opportunity in an interview with the New York Post. According to the May 17 article, Arora, who boasts of earning millions of dollars from…

Eric Council Jr. was sentenced to 14 months’ imprisonment for his role in the Jan. 9, 2024, hack of the U.S. Securities and Exchange Commission’s (SEC’s) X account. The convicted, along with co-conspirators, posted false news of the SEC…

Alliance DAO contributor Qiao Wang has detailed a sophisticated social engineering scam targeting Coinbase users amid the firm’s insider-led data breach incident.In a May 15 post on social media, Wang revealed how attackers impersonate…