Crypto Trader Sentenced to 3.5 Years in Prison for $5 Million Fraud
The Coin Signals trader will spend the next 3.5 years in prison for running a fraudulent crypto scheme that solicited
Crypto Scams News and Updates
Recent Crypto Scams News
Five US States Issued Order to Stop a Fraudulent Russian Metaverse Project
The accused metaverse project, Flamingo Casino Club, has reportedly perpetrated the scam by selling NFTs to US residents.
Europol Adds OneCoin’s Crypto Queen Ruja Ignatova To Its Most Wanted List
Ruja Ignatova, the mastermind behind the OneCoin Ponzi Scheme dissapeared in 2017, But the Europol wants to catch her, and
US DOJ Charges Mining Capital Coin CEO for Allegedly Running a $62M Crypto Fraud
The CEO of Mining Capital Coin has been indicted for operating a crypto pyramid scheme that stole over $60 million
Indian Finance Minister Praises Blockchain but There’s a Catch
Lately, Nirmala Sitharaman is seen speaking on cryptocurrencies and blockchain more frequently and offering a more nuanced narrative.
OpenSea’s Discord Channel Compromised, Hackers Promote NFT Scam
OpenSea has fallen victim to another security breach, but this time it was the project’s main Discord channel.
US DOJ Charges Block Bits Founder for $1M Crypto Investment Fraud
The US DOJ has charged the founder of Block Bits Fund for allegedly misrepresenting a crypto scheme that raised nearly
Coinbase Introduces Crypto Compliance Tools for Businesses, Law Enforcement Agencies
The crypto exchange draws on its experience to design Coinbase Intelligence that provides real-time monitoring and alerts for better risk
PeckShield Detects Phishing Sites Impersonating Solana-based Web3 App
PeckShield has detected a slew of phishing websites impersonating Solana-based Web3 lifestyle app, Stepn.
Beware: BAYC Instagram Hacked, Several Bored Ape NFTs Already Lost
The popular NFT collections suffers another social media hack this month, which captured many more victims than the last.