Explore the darker side of the crypto industry. Everything from fraudulent initial public offerings and lawsuits to hacks, dark market deals, thefts and kidnappings.
In a significant operation, the Delhi Police, with the assistance of Binance, have seized over 100,000 USDT connected to a fraudulent scheme in India.
Exchanges that bypass Know Your Customer (KYC) protocols pose several significant risks.
Authorities in Hong Kong have uncovered a fraud group that used “deepfake” technology to misuse $43 million worth of cryptocurrencies, resulting in 27 arrests.
A new scam has emerged, with the SlowMist security team alerting users about fraudulent arbitrage MEV robots.
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.
Binance founder Changpeng ‘CZ’ Zhao has issued a warning about the growing threat of AI-generated deepfake videos circulating online.
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.