Scams

FTX Bankrupcy (Copyright 2022 The Associated Press. All Rights Reserved.)The US Justice Department issued a vague statement on Wednesday that it would “announce a major, international cryptocurrency enforcement action,” and noting that the…

In a report to its creditors dated Tuesday, January 17th bankrupt crypto exchange FTX revealed that it had lost $415 million in cryptocurrency due to hacks. FTX Has Lost $415 Million to Hacks In a…

Disgraced cryptocurrency investor Sam Bankman-Fried relied on confusing "technocratic jargon" and deceptive talking points to run circles around investors and interviewers as part of a broader deflection strategy, a high-profile investor…

Will Logan Paul Return At Royal Rumble To Headline Wrestle Mania? ( Photo Credit – Instagram )Youtuber turned wrestler Logan Paul is trying to find his new home at WWE but his last bout with Roman Reigns has raised questions about his…

Four people have been jailed in the UK over a $37 million fraud carried out on an Australian cryptocurrency exchange five years ago.The UK's Crime Prosecution Service (CPS) says Stephen William Boys, Kelly Caton, Jordan Kane Robinson and…

A recent court filing in the FTX bankruptcy case has revealed a “$65 billion backdoor” between Alameda and FTX. The filing includes a deck detailing the current findings relative to FTX group funds.The deck includes an illustration of the…

Alistair Hughes/StuffThe victim of a romance scam bought $80,000 for someone posing as an eligible bachelor.A woman who circumvented protections put in place by her bank after she fell victim to a romance scam, has lost a bid for…

The fugitive co-founder of the defunct Three Arrows Capital (3AC) crypto hedge fund, Su Zhu, joined forces with CoinFlex in plans to run a new cryptocurrency exchange, GTX. Su Zhu will accompany two CoinFlex co-founders – Mark Lamb…

A deputy district attorney in California has emerged as one of the country’s experts in successfully recouping money swindled by crypto criminals.On a chilly Tuesday in December, a man who'd lost over $1 million to a cryptocurrency-fueled…

Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol. “The suspects used advertisements on social networks to lure victims to websites covertly operated by the…