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Simon Hoadley – a 66-year-old retired financial advisor who lives in East Sussex, the UK – has reportedly become a victim of a “horrendous” cryptocurrency scam that drained nearly $100,000…
Two teenage boys from Hamilton, Ontario, have been busted for allegedly stealing over $4 million worth of bitcoin (BTC) and ether (ETH) from an American man through what authorities described…
Jarryd Hayne – a former NRL superstar – has supposedly parted with $780,000 after falling prey in a Bitcoin scam. The athlete, who was slammed with a prison sentence for…
Lux Vending – doing business as Bitcoin Depot – has reportedly filed a lawsuit against the sheriff’s office of McLennan County, Texas, accusing it of unlawfully seizing $15,000 from a…
A joint investigation by the FBI’s Money Laundering Squad and Internal Revenue Service-Criminal Investigations led to a 75-month prison sentence for 64-year-old Arizona entrepreneur Reginald Fowler. A former co-owner of…
Research carried out by contributors of the Toronto Metropolitan University (TMU) estimated that 35% of Canadians owning digital assets had fallen victim to crypto fraud. The study further determined that…
A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams and rug pulls was higher than the amount stolen from…
Long-term gold proponent and arguably the most popular full-time Bitcoin basher – Peter Schiff – has had his Twitter account comrpomised. According to Blockfence, Peter Schiff’s Twitter account has been…
The Twitter account belonging to OpenAI CTO Mira Murati was hacked on Thursday, and used to promote a scam crypto token supposedly backed by the company. The tweet stayed online…
Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.