Pig Butchering Scams Hit All-Time High, According to Chainalysis
TL;DR Pig butchering scams hit an all-time high in 2024, with a 40% increase in revenue to $9.9 billion, according to Chainalysis. Scammers increasingly leverage AI
Crypto Scam (Latest Publications)
Crypto Investigator: Coinbase Users Lost Over $65M to Scams in Just Two Months
TL;DR Coinbase users lost over $65 million to social engineering scams between December 2024 and January 2025, highlighting the growing vulnerability of cryptocurrency exchanges. The scams
Tron-Led T3 Unit Freezes $100M in USDT, Tracking Illicit Transactions Globally
TL;DR The T3 Financial Crime Fighting Unit, formed by Tron, Tether, and TRM Labs, has frozen 100 million USDT linked to illicit activities. The unit uses
Crypto Frauds Surge 40% in 2024: $3.6 Billion Lost to ‘Pig Butchering
TL;DR The “Pig Butchering” fraud caused $3.6 billion in losses in 2024, making it the biggest threat to cryptocurrency users. Cyber frauds increased by 40% compared
Research Reveals that 60% of Tokens Launched this Year Were Malicious
Key points of the news: In 2024, 59% of the crypto tokens launched were malicious, with “rug-pull scams” representing 27% of these frauds. The rise of
BaseBros Accused of Rug Pull as Website and Social Accounts Disappear Overnight
TL;DR BaseBros Fi Disappears: The DeFi protocol on the Base blockchain vanished on September 13, deleting its website and social media accounts, and leaving investors in
U.S. Announces $5M Reward to Resolve the Mystery of the Cryptoqueen
TL;DR US offers $5 million reward for information on Ruja Ignatova. Ignatova, known as the “Cryptoqueen”, is wanted for frauds related to OneCoin. He disappeared in
Omni Network’s Dramatic Plunge: 56% Market Value Drop in 24 Hours Post Airdrop and Exchange Listing
TL;DR The Omni Network token (OMNI) experienced a 56% drop in its value after an airdrop and its listing on exchanges. The airdrop distribution resulted in
LENA Denies a ‘Rug Pull’ and Gives Its Version of the Facts
TL;DR Rug Pull Allegations: LENA Network faced accusations of a ‘rug pull’ after its Candy token value dropped by 87%, with 753 Ether transferred to an exchange-linked
MicroStrategy Hack Scandal: X Account Compromised, Promotes Fake Token Launch
TL;DR MicroStrategy’s official account on the X platform was compromised by hackers, resulting in a loss of over $440,000 in cryptocurrencies. Hackers distributed malicious links promoting
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