All by tag: Scam

Prosecutors say the scheme used false claims about cryptocurrency mining profits to lure investors.

According to industry estimates, international criminal organizations steal roughly $64 billion annually through investment scams and romance fraud schemes. A new FBI-led operation demonstrates just how deeply organized crime has embedded itself in the worlds of cryptocurrency and online communications.

The scammers attempted to conceal over $90 million through complex cryptocurrency transactions. However, part of the funds was successfully traced and frozen.

A recent New Yorker investigation lays out dozens of allegations against Sam Altman—from misleading statements to internal manipulation. The controversy has spread beyond AI and is now impacting the crypto market.

The asset turned out to be a sham, with total losses exceeding $20 million.

The attacker exploited a code vulnerability and created 1 billion tokens — roughly 2,800 times the actual circulating supply. Losses totaled $237,000, but the real issue runs much deeper: the system accepted fake data as legitimate

Attack on the restaking protocol triggered a domino effect across DeFi and triggered massive liquidity outflows

The campaign aims to steal sensitive data and gain remote access to victims’ devices.

In 2025, crypto scammers used AI to steal $17 billion. Here’s a breakdown of real schemes — from deepfake videos to tokens built purely to deceive.

All attacks were neutralized in real time.

Defendants allegedly inflated prices artificially and sold assets at a profit.

Authorities believe the project operated as a $328 million Ponzi scheme.