Scams

Gemini and its founders, the Winklevoss twins, have been sued by investors contending that the exchange sold interest-bearing accounts that it did not register as securities. Specifically, investors pointed fingers at the company and its…

NEW YORK, Dec 27 (Reuters) - U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal about $110 million in October by rigging the Mango Markets cryptocurrency…

Amid an intense crypto winter, the fallen Terra Luna Classic (LUNC) won the medal for the day’s top gainer, with 20% in the green. Even though the aftershocks of the terrifying implosion of Terra (LUNA) and the Terra (UST) stablecoin…

Elon Musk Imposter Hacks UK Cabinet Minister’s Account, Promotes Crypto ScamOn Christmas Day, another parliament member of the United Kingdom was targeted in a Twitter crypto scam. Education Secretary Gillian Keegan found her…

On Christmas Day, another parliament member of the United Kingdom was targeted in a Twitter crypto scam. Education Secretary Gillian Keegan found her Twitter pic changed to Elon Musk’s current profile picture. As the cyber attack…

Senator Pat Toomey said FTX was opaque, centralized, and dishonest while cryptocurrencies are open-source, decentralized, and transparent. He added that just because of a bad player in…

Bitcoin mining pool and blockchain browser BTC.com reported a cyberattack earlier this month in which the attackers made away with $3 million in customer and company assets. BTC.com Suffers $3 Million Hack…

Crypto has gained the attention of the world for a big time. Cryptocurrency is a new-age digital currency that is created using encryption algorithms which makes it secure and impossible to…

Defrost Finance, the DeFi protocol that suffered a major hack last week, resulting in the loss of approximately $12 million in user funds, has announced that it has successfully recovered the stolen money. The team behind Defrost…

Retail traders were not the only ones to get burnt in the crypto bear market. A number of celebrities also dabbled in the asset class with endorsements in 2022 that led to lawsuits and losses. Crypto markets have retreated 72.5% since…