28 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2025

FBI, S Korean Police Bust International XRP Phishing Scam

Police in Seoul have arrested at least two people on suspicion of cryptocurrency-related fraud after a joint investigation with the American FBI. The agencies say they unearthed a phishing scam that appears to have robbed South Korean and Japanese cryptocurrency investors of USD 800,000 worth of...

, by Tim Alper

Elon Musk’s Tweet Devolves into Shilling Altcoins

Elon Musk, SpaceX and Tesla superstar and tech hero, jokingly tweets that he wants ETH “even if it is a scam” and the following replies and comments devolve into an absolute frenzy of shilling other coins to Elon. From well-known ones like Litecoin to those that haven’t been as...

, by Sead Fadilpašić

Solving ICO Problems With – New Token Projects!

Initial coin offerings (ICOs) have two big problems: 1) many of them are fake, designed only to scam naive investors out of their hard-earned money; and 2) many of them are unsuccessful. So what can you do to fix the issue? You set up another token project, of course! There are at least two...

, by Sead Fadilpašić

Twitter Scams Cost Millions, Solutions Emerging

People have lost over USD 5 million (in ether) to so-called 'trust-trading' scams. There are now technological solutions intended to combat Twitter fakes.Ever since crypto became seriously big business towards the end of 2017, Twitter in particular has been inundated with fake accounts...

, by Simon Chandler

Kodak Miner ‘Scam’ Is Gone

A Bitcoin mining computer labelled Kodak KashMiner was on display on Kodak’s official stand at the CES technology show in Las Vegas in January. However, the company behind it now says it will not go ahead and Kodak told BBC it was never licensed by them to begin with. In a phone call with the...

, by Sead Fadilpašić

Close to 80% of ICOs Are Scams – But They Get Less Money

A new study found that initial coin offerings (ICOs) are most often employed by those trying to make quick gains and disappear underground. A total of 78% of ICOs in 2017 were “identified scams,” the study found, and only around 15% went on to trade on exchanges.ICO advisory firm Satis...

, by Sead Fadilpašić

Twitter Scams Are Getting Out of Hand

Crypto Twitter is packed with landmines - from verified accounts scamming to those making up a whole personality for the people they’re impersonating, and people are falling for it. For example, Chris Burniske, a partner at Placeholder, a New York venture firm that specializes in...

, by Sead Fadilpašić

US-Canada Securities Regulators Begin ‘Operation Crypto-Sweep’

A group of state securities administrators in Canada and the United States that opened 70 investigations into potentially fraudulent cryptocurrency ventures last month says that almost half are set to face “completed or pending enforcement actions.”Per Reuters, a cryptocurrency...

, by Tim Alper

USD 1 Billion Under ICO Red Flag

Having reviewed documents produced for 1,450 initial coin offerings (ICOs), The Wall Street Journal reports finding 271 project with some sort of red flag, ranging from plagiarizations to fake teams. The red-flagged offerings have raised more than USD 1 billion total, while investors have so far...

, by Sead Fadilpašić

Don’t Miss This Exclusive Opportunity! A Mock-ICO Lesson

Identifying fraudulent and scammy initial coin offerings (ICOs) can be a piece of work, and the US Securities and Exchange Commission (SEC) is increasingly often covered in the paperwork associated with investors cheated out of their hard-earned money.Therefore, the SEC created a fake ICO website...

, by Sead Fadilpašić

Savedroid’s Exit Scam Was a PR Stunt

And not even a good one.After sending its investors in a frenzy by taking their website down and having their founder take a photo at the airport and another of a beer with a caption of “Thanks guys! Over and out,” Savedroid seemed to be the latest in a line of scammy Initial Coin...

, by Sead Fadilpašić

Savedroid Seems to Be the Next Exit Scam

Original story:Another day, another exit scam, and this time around investors in Savedroid appear to be scammed for their money. This Wednesday, Savedroid's website was replaced with a meme stillshot of South Park, with the words “Aannnd It’s Gone.”"I have invested in the ICO ......

, by Sead Fadilpašić

Vietnam to Investigate USD 658m Crypto Fraud Allegations

Allegations of a cryptocurrency scam involving USD 658 million spurred the Vietnamese deputy prime minister into action, who promptly ordered an investigation.Vuong Dinh Hue, Deputy Prime Minister, told six ministries to “quickly consider and tackle” the scam, according to a statement...

, by Sead Fadilpašić

Petro Deemed a Scam by Rating Sites

Although the president of Venezuela, Nicolas Maduro, remains bullish on petro as a way to stabilize the country’s economy, the crypto industry is far from thrilled. Since many aspects of the national, oil-backed cryptocurrency remain mysterious, Initial Coin Offering (ICO) rating sites are...

, by Sead Fadilpašić

Morning News: US ICOs Fall into Line, USD 18m Scam and 5,704 Victims

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, by Tim Alper

Another ICO Makes Off With More Than USD 2 Million

Another Initial Coin Offering (ICO) project, called Giza, was revealed to be a scam after the ICO raised more than USD 2 million, used a fake LinkedIn profile and copied pictures from another user's Instagram to create a false persona and went on their merry way with the money, CNBC reported.As...

, by Sead Fadilpašić

# Scam (Page 28)

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