Cryptonews Tags crypto scams

# crypto scams

All #crypto scams

Blockchain News

DOJ Targets Crypto Fraud in ‘America First’ Blitz as AI Scams Spike 450%

The DOJ’s 2025 Year in Review shows crypto and AI increasingly involved in large-scale fraud, including Medicare and investment schemes, with 265 defendants charged and billions in losses targeted.

, by Hassan Shittu

Blockchain News

Crypto Founder Behind ‘Ponzi’ Metaverse Linked to Illegal Drug Bust

Documents reviewed by The Guardian connect raided Northampton industrial unit to Wholesale Supplements Limited where crypto entrepreneur Fasial Tariq serves as director, with evidence linking the illegal weight-loss drug operation to his previous ventures including Paradox Coin and Paradox Metaverse accused of scam tactics.

, by Anas Hassan

Blockchain News

UN Taps Tether to Battle Crypto Scams and Human Trafficking

Tether announced a partnership with the United Nations Office on Drugs and Crime to fund cybersecurity bootcamps in Senegal, trafficking victim assistance across six African nations, and blockchain education in Papua New Guinea, shifting from an enforcement model that froze $3.3 billion across 7,268 addresses to development-focused initiatives.

, by Anas Hassan

Law Enforcement, Private Firms Seized Over $300M in Crypto Linked to Fraud Schemes: Report

Two parallel initiatives by law enforcement and private companies have frozen over $300 million in crypto in an anti-fraud crackdown. According to Bleeping Computer, blockchain intelligence firm TRM Labs, TRON, Tether, and Binance joined the T3 Financial Crime Unit (T3 FCU) initiative launched...

, by Sujha Sundararajan

Australian Crypto Laundering Crackdown: ASIC Charges Four Over $35M Fake Bond Scam

Four Australian men, including former barrister Dimitrios Podaridis, are facing money laundering charges for allegedly facilitating sophisticated investment scams that converted victim funds into crypto between January and July 2021. The Australian Securities and Investments Commission alleges...

, by Anas Hassan

Crypto Scammers Are Impersonating Me — X is Doing Nothing About It

The messages from two crypto contacts came a couple of weeks apart — and to be honest, one of them freaked me out. "Booked a time for our conversation. Please check if it works for you!" Either the beer I'd been drinking was much stronger than advertised, or my memory was failing me. I...

, by Connor Sephton

Scammers Steal $250K in Crypto Posing as Trump-Vance Inaugural Committee

Nigeria-based one or more scammers allegedly impersonated the Trump-Vance Inaugural Committee, stealing $250,300 in Ethereum-based USDT from an intended donor. U.S. Attorney Jeanine Ferris Pirro announced Wednesday that the office filed a complaint, classifying the scam as a Business Email...

, by Sujha Sundararajan

DOJ Dismantles North Korea-Linked Crypto Theft Scheme, Defendants Stole Nearly $1M

The US Department of Justice (DOJ) has charged four North Koreans for impersonating as remote IT workers and exploiting companies to steal crypto. The federal prosecutors noted that the operation could be a part of the DPRK strategy to fund its weapons program. In a “cyber-enabled revenue...

, by Sujha Sundararajan

H1 2025 Crypto Losses Outpace 2024; CertiK Counts 344 Onchain Heists, $187M Recovered

Crypto investors lost more than $2.2 billion to hacks, scams, and security breaches in the first half of 2025, according to a new report by blockchain security firm CertiK. The firm’s “Hack3d: Web3 Security Report for Q2 + H1 2025” outlines a shifting threat environment, with wallet...

, by Hassan Shittu

“80% of Crypto Scams Could Be Stopped by One Mental Shift” — Crystal CEO | Interview

The crypto industry's rapid growth has created massive opportunities for innovation and a fertile ground for crypto scams. The scale of this exploitation became starkly apparent in 2024, when Americans alone lost a record $9.3 billion to crypto-related crimes, representing a devastating 66%...

, by Anas Hassan

New York Officials Seize $440K From Facebook Crypto Scam Targeting Russian Speakers

New York law enforcement has seized over $440,000 in stolen cryptocurrency as part of an ongoing multi-agency investigation into a sophisticated crypto scam that preyed on Russian-speaking communities through deceptive Facebook ads. The fraudulent scheme, which reportedly caused over $1 million...

, by Anas Hassan

US Blacklists Philippines Internet Infrastructure Provider Tied to $200M Crypto Scam

The US has imposed sanctions on a Philippines-based digital infrastructure provider accused of facilitating a large-scale crypto scam that have led to over $200m in reported losses from American victims. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on...

, by Shalini Nagarajan

Hong Kong Police Develop ‘CryptoTrace’ Tool to Help Track Online Crypto Crimes

Hong Kong Cyber Security and Technology Crime Bureau (CSTCB) announced the launch of a virtual asset analysis tool to aid in crypto crime investigations. Dubbed ‘CryptoTrace’, the tool is developed in collaboration with the University of Hong Kong, an official release noted. The crypto tool...

, by Sujha Sundararajan

U.S. Treasury Crackdown Exposes Karen National Army’s $3.5B ‘Pig-Butchering’ Crypto Scam Empire

In a sweeping move to combat transnational cybercrime and human trafficking, the U.S. Treasury Department has designated the Karen National Army (KNA) as a transnational criminal organization, accusing the Burma-based militia of fueling a vast criminal ecosystem. The sanctions, announced...

, by Hassan Shittu

Hackers Infiltrate New York Post X Account to Target Crypto Subscribers

Threat actors have reportedly gained access to the New York Post's X account to target crypto subscribers. Some users complained on X that hackers were purportedly sending messages via Telegram, inviting them to feature in a podcast. Kerberus founder and CEO Alex Katz flagged the fraudulent...

, by Sujha Sundararajan

Crypto Hacks and Scams Hit $364M in April, Says CertiK

April 2025 became yet another historic month for the crypto industry, as blockchain security firm CertiK confirmed that a staggering $364 million was lost to scams, hacks, and phishing attacks. This figure marks a 1,163% increase from March's $28.8 million in losses. The surge, according...

, by Hassan Shittu

Shaquille O’Neal Settles Class-Action Lawsuit Over FTX Promotion

Shaquille O’Neal has reached a settlement with investors who say they lost money in the collapse of crypto exchange FTX, marking the latest legal development in a case that drew widespread attention to the role of celebrity endorsements in the crypto industry. The proposed classwide settlement,...

, by Shalini Nagarajan

Elon Musk Trolls Crypto Grifters With Viral Poseidon Meme

Elon Musk took a jab at crypto scammers on Tuesday with a viral meme that quickly caught the internet’s attention. The image, which showed a statue of the Greek god Poseidon rising from stormy seas, included a fabricated quote meant to mock common crypto scams. “There's an old saying — If a hot...

, by Shalini Nagarajan

U.S. DOJ Disbands Crypto Enforcement Team, Shifts Focus to Scammers Targeting Investors

The U.S. Department of Justice (DOJ) has formally disbanded its National Crypto Enforcement Team (NCET). In a four-page internal memo issued Monday evening, Deputy Attorney General Todd Blanche notified DOJ staff that the unit, once tasked with spearheading high-profile crypto-related...

, by Hassan Shittu

1 2 3 … 5

Showing 1 - 16 out of 65

Recommended Articles

Matt Ober on Prediction Markets, Tokenisation, and the Rise of the Degenerate Economy | Ep. 515

Coinbase Token Manager Marks the Next Chapter for Liquifi

2026-02-06 12:36:12

PrimeXBT Unveils a New Era of Low-Cost Crypto Futures Trading

2026-02-06 12:22:59

Why Is Crypto Down Today? – February 6, 2026

2026-02-06 11:43:19

Coinbase UK CEO Says Tokenised Collateral Is Moving Into Market Mainstream

2026-02-06 10:54:12

Stablecoin Inflows Have Doubled to $98B Amid Selling Pressure – Report

2026-02-06 09:27:24

XRP Plunges 17% in Steepest One-Day Drop Since 2025 as $46M in Leveraged Longs Get Wiped

2026-02-06 08:13:51

Read More Articles

Cryptonews in numbers

editors

Authors List + 66 More

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors