Scams

The Hong Kong Police Force said it received 1,503 online investment scam complaints over the first 10 months of 2022, 70% of which were related to cryptocurrencies, public broadcaster RTHK reported on Tuesday, citing a police press…

CHARLOTTE, N.C. —  Rachel Basile has been a successful business owner for 16 years in West Charlotte. At 59-years-old, she and her husband were looking forward to retirement. “I’ve worked really hard and so has my husband to retire very…

Increasing reports of scammers impersonating Canada Revenue Agency employees have prompted a warning from New Westminster police that tax collectors would never demand payment in Bitcoin. The New Westminster…

MILFORD, CT — State police recovered $23,000 for a Milford resident who was scammed into depositing money into a series of Bitcoin ATMs, according to state police.Police learned of the incident on Sept. 2. The victim deposited $41,150 in…

December Sees Fewer Major Attacks Than the Rest of 2022 According to blockchain security company CertiK, December saw the fewest number of major cryptocurrency attacks in 2022. There were a total of 23 incidents resulting…

Su Zhu emerges on Twitter to blame Digital Currency Group for the Terra Luna fiasco. Teneo, the liquidation company appointed by Singapore Court, retrieved $35.6M from 3AC. Both founders of 3AC came back onto the Crypto Twitter…

Oceanside RCMP received 257 complaints the week of Dec. 11 to Dec. 17. Some of the incidents included: Dec. 11 • A 2017 black cargo trailer containing tools, B.C. licence plate 40150K, was reported stolen in the 6000 block of…

Bithumb founder Lee Jung-hoon, who was on trial for allegedly defrauding $70 million, was declared not guilty and dodged a hefty jail sentence. Local media reports confirmed that the executive was acquitted and dodged a potential sentence…

A 25-year-old crypto investor who traded nearly $2 billion (3 billion Australian dollars) worth of crypto in 2021 ran his crypto empire from the comfort of his parent’s home in Sydney, Australia, according to public records. The young gun…

Last year witnessed some of the most dramatic collapses in the history of crypto. It all started with the first collapse of Terra’s (LUNA) ecosystem in May 2022 which eroded $40 billion of investors’ wealth in a week’s time. The…