scam

An elderly woman in Westlake was deceived into depositing thousands of dollars into a cryptocurrency ATM by a scammer. This occurred despite multiple warnings from both police and store employees. What Happened: A 71-year-old woman was seen at a Marathon convenience store last...

A previously convicted Ponzi schemer who had received a pardon from President Donald Trump is heading back to prison due to involvement in a new fraudulent scheme. What Happened: Eliyahu Weinstein, a resident of New Jersey, is facing a 37-year sentence for a scam that he initiated shortly after his...

The Federal Bureau of Investigation (FBI) has issued a warning about a sophisticated multi-phase scam known as the “Phantom Hacker.” This scam has been successful in draining the bank accounts of a significant number of Americans, especially those approaching their retirement years. The...

Argentina's Chamber of Deputies approved a probe Tuesday into the scam-tainted LIBRA token that has embroiled Javier Milei's administration in controversy. What happened: The lower house voted in favor of three draft resolutions, including the creation of an investigative commission, the...

Senior officers from Iran’s Revolutionary Guard have been accused of pilfering approximately $21 million in cryptocurrency while investigating a corruption case. What Happened: The alleged theft took place during a probe into Cryptoland, a digital exchange that was shuttered...

North Korea, helped by the infamous hacking syndicate Lazarus Group, has quietly become one of the biggest holders of Bitcoin (CRYPTO: BTC). What Happened: The attacker possessed around 13,518 BTCs as of this writing, worth $1.16 billion, according to on-chain analytics platform Arkham. The stash...

A renowned Argentine lawyer has officially called for the international arrest of the cryptocurrency entrepreneur allegedly involved in the LIBRA token scandal. What Happened: Gregorio Dalbon, who previously represented former Argentine President Cristina Fernandez in a corruption case,...

Editor’s Note: This story has been updated to correct a typographical error. The ghost of “Squid Games” scam tokens returned as the makers renewed the popular Netflix survival thriller series for a second season on Friday. What Happened: With the hype around the show reaching a...

A meme coin launched by viral influencer Haliey Welch of the "Hawk Tuah" fame became a subject of controversy on Wednesday after it pumped and dumped, eroding millions of dollars in market value in quick time. What happened: HAWK, launched on Solana (CRYPTO: SOL)-based Meteora on Wednesday, swiftly...

Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors. What Happened: The victim lost $408,...

In another case of a shocking cryptocurrency scam, a Colorado resident was tricked into sending $6,000 worth of Bitcoin (CRYPTO: BTC) to bogus law enforcement officials. What Happened: As per documents first accessed by Decrypt, the scammers threatened the victim with arrest for supposedly missing...

The Internal Revenue Service (IRS) is warning taxpayers against a new tax-preparer scam involving certain tax credits. “In this latest scam, the IRS is seeing instances where unscrupulous tax return preparers are misrepresenting the rules for claiming clean energy credits under the Inflation...

The social media account X of renowned rapper 50 Cent was allegedly compromised, leading to a multimillion-dollar memecoin scam, according to the artist himself. What Happened: Curtis James Jackson III, famously known as 50 Cent, reported last week that his X account was exploited by hackers to...

Hackers have managed to steal $580,000 with the promotion of fake airdrops by accessing the wallets of cryptocurrency users through phishing emails. What Happened: Rug pull survivor turned detective ZachXBT posted a "Community Alert" regarding phishing emails ...

Web3 wallet company MetaMask teamed up with security firm Blockaid to launch native security alerts within its browser extension, making it one of the first self-custody Web3 wallets to include integrated security alerts. Also Read: Top Of The Crypto Pack: MetaMask Leads Crypto Wallets In...