Scams

FTX Hacker has become the 35th largest holder of Ethereum (ETH). Using decentralized exchanges like Cowswap, the hacker has swapped a large number of DAI holdings to ETH. Even three days after the attack, different wallets at FTX.com…

It's called "pig butchering" but it has nothing to do with a slaughterhouse.The term refers to a certain scam that fraudsters use to cheat cryptocurrency investors, according to a November 10 complaint bulletin from the Consumer Financial…

Key Takeaways The collapse of FTX is already going down as one of the most severe crypto-related frauds in history. Over the course of a week, Sam Bankman-Fried's carefully-curated empire was shattered along with his reputation. While it's…

CBDC Report Published, Blockchain Settlement and Payment Initiatives LaunchBy Robert A. Musiala Jr.This week the New York branch of the U.S. central bank published a report on the Phase I results of Project Cedar, “a multiphase…

Close up of a scam button on a computer keyboardgettyCrypto scams keep reinventing by the year, duping millions of investors. It takes a combination of witty words and convincing ploys, but they are often effective. Some are as brazen as…

BitBoy Crypto Founder Ben Armstrong joins Yahoo Finance Live to discuss the FTX bankruptcy, fraud in the crypto space, and the role of SEC Chair Gary Gensler in regulating the space.Video TranscriptBRAD SMITH: While we all bore witness to…

Utility Scam Awareness Day, Nov. 16, stresses how customers can avoid being scam targets As scam tactics evolve, customers should remain vigilant  Simple tips can help you…

Source: ErenMotion/AdobeCrypto fraud continues to escalate in South Korea – where a scammer aged over 60 has been given a six-year jail term for duping victims into investing in…

Embattled crypto exchange FTX is under investigation by Bahamian authorities. The Royal Bahamas Police Force has put out a press release stating its intention to investigate whether Bahamas-based FTX engaged in criminal activity. “In…

A report shows Ukrainian Cyberpolice identified members of a group that defrauded people around the world through fake crypto investment offers. The criminal organization maintained offices and customer service centers with thousands of…