Crypto Crime News

Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.

What Makes Crypto Exchanges Without KYC Practices Inherently More Risky?

Exchanges that bypass Know Your Customer (KYC) protocols pose several significant risks.

15.10.2024 22:00 1 min. read Alexander Zdravkov

Crypto Fraud Ring in Hong Kong Scams Millions, 27 Arrested

Authorities in Hong Kong have uncovered a fraud group that used “deepfake” technology to misuse $43 million worth of cryptocurrencies, resulting in 27 arrests.

15.10.2024 20:00 1 min. read Alexander Zdravkov

New Scam Using Fake ChatGPT Bots Targets Investors

A new scam has emerged, with the SlowMist security team alerting users about fraudulent arbitrage MEV robots.

14.10.2024 16:00 2 min. read Kosta Gushterov

Cryptocurrency Scam Suspect Escapes House Arrest

According to CNBC, Horst Jiha, a German citizen who was under house arrest after being accused of running a $150 million cryptocurrency fraud scheme, has disappeared.

12.10.2024 19:00 1 min. read Kosta Gushterov

Changpeng Zhao Issues Warning on Crypto Scams

Binance founder Changpeng ‘CZ’ Zhao has issued a warning about the growing threat of AI-generated deepfake videos circulating online.

12.10.2024 11:00 1 min. read Kosta Gushterov

Crypto Whale Lost $35 Million After Hacker Drained Their Funds

Security experts have reported a significant phishing attack that led to the loss of 15,079 Few Wrapped Duo ETH (fwDETH), valued at around $35 million.

11.10.2024 20:00 1 min. read Kosta Gushterov

Woman Faces 18-Month Sentence for Role in Massive Bitfinex Bitcoin Laundering Scheme

Heather Morgan, also known as the rapper “Razzlekhan,” is facing an 18-month jail term as U.S. prosecutors pursue charges related to her involvement in laundering 120,000 BTC.

11.10.2024 16:00 1 min. read Alexander Zdravkov