Crypto Crime News

Authorities in Anhui Province, China, have recently dismantled a major criminal operation that was using cryptocurrency platforms to launder large sums of money.

Scam Sniffer has reported a recent case where an individual lost $1 million in cryptocurrency by mistakenly copying a fraudulent address from their transaction history.

The U.S. Commodity Futures Trading Commission (CFTC) has managed to recover $18 million in cryptocurrency connected to a fraudulent commodity pool scheme.

The FBI has issued a warning about advanced cyberattacks targeting cryptocurrency and DeFi companies, linked to North Korean hackers.

Penpie, a decentralized finance (DeFi) platform, suffered a major security breach on Wednesday, resulting in the theft of approximately $27 million in cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with Galois Capital Management, a cryptocurrency-focused investment advisory firm based in Florida.

The Federal Trade Commission (FTC) has revealed a dramatic increase in scams involving Bitcoin ATMs, with reported cases rising tenfold since 2020.