Scams
137 articles
Hacker Plunders $20,000,000 Worth of Crypto From Wallet Affiliated With the US Government: Arkham
A hacker plundered $20 million worth of crypto from a wallet affiliated with the US government, according to the digital asset deanonymizing platform Arkham. Arkham notes the exploiter stole the…
Social Media Influencer Charged With Running $22,000,000 Crypto Fraud: Report
A popular social media influencer known for showcasing her luxurious lifestyle on Instagram and other platforms is facing criminal charges for allegedly committing large-scale crypto fraud. Russia’s news agency TASS…
$109,000 Drained From 81 Year-Old’s Bank Account in Devastating Social Security Scam: Report
An 81 year-old woman says she’s lost her entire life savings to a Social Security scam. Washington, D.C.-based Gladys Baxley says she recently received a call from someone claiming to…
Police Analyze Monero (XMR) Transactions To Arrest 18 People Suspected of Fraud in Japan: Report
Japanese authorities, including the National Police Agency and a joint task force from nine prefectural police departments, arrested 18 individuals involved in a scam using Monero (XMR). According to multiple…
Wells Fargo Customers’ Data Exposed, Used for Fraud in ‘Preventable Hack’, Alleges New Class Action Lawsuit
Wells Fargo is facing a new class action lawsuit over the bank’s alleged failure to properly secure customers’ personally identifiable information. The lawsuit, filed by lead plaintiff Tamra Bacon, alleges…
$400,000 Extracted From ATMs Across New York As Criminals Hit Banks in Sophisticated Scheme: Report
The US Department of Justice says it’s apprehended six men accused of stealing over $400,000 from ATMs in New York. The men allegedly used a device to infect the New…
US Judge Slaps Crypto Fraudster With Five-Year Prison Sentence Over $20,000,000 in Coinbase Spoofing Scheme
A US judge sentenced a crypto fraudster to five years in prison over charges stemming from a $20 million scheme involving a fake Coinbase website. Chirag Tomar, an Indian national,…
Radiant Capital Working With US Law Enforcement To Freeze Stolen Crypto Assets After $50,000,000 Hack This Week
The decentralized finance (DeFi) platform Radiant Capital (RDNT) is working with US law enforcement to freeze stolen assets after suffering a $50 million hack earlier this week. Hackers cracked multiple…
JPMorgan Chase Refuses To Reimburse Customer After Bank’s Employee Allegedly Steals $30,000 From Account: Report
JPMorgan Chase refused to reimburse a customer for more than a year after the bank’s own employee drained $30,000 from the account, according to a new report. Criminal warrants show…
13,000 People Hacked As Criminal Organization Cracks Smartphones, Drains Bank Accounts, Steals Passwords, Audio Recordings, Photos, Text Messages and More: Report
Security researchers say a newly discovered piece of malicious software designed to drain bank accounts has hit 13,000 people. Experts at the cybersecurity firm Zimperium say a new variant of…
EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch
The social media platform X account behind a new Ethereum (ETH) ‘restaking’ protocol has been compromised weeks after the token’s launch. According to PeckShieldAlert, the social media account belonging to…
FBI Arrests Man Who Allegedly Hacked SEC’s X Account in January and Prematurely Announced Bitcoin ETF Approval
The Federal Bureau of Investigation (FBI) arrested on Thursday an Alabama man who is allegedly behind the hacking of the U.S. Securities and Exchange Commission (SEC)’s account on social media…
Scarlett Johansson, Kylie Jenner and Taylor Swift Are Top 3 Celebrity Names Exploited for Online Scams: Cybersecurity Giant McAfee
Cybersecurity giant McAfee says thieves are increasingly using the names of popular US celebrities to lure consumers to online scams. In a new report, McAfee says the emergence of artificial…
Vitalik Buterin Donates 100 Ethereum (ETH) to Tornado Cash Developer Roman Storm’s Legal Defense Fund
Ethereum co-creator Vitalik Buterin is donating 100 ETH to bolster the legal defense fund of Tornado Cash developer Roman Storm. In a new thread on the social media platform X,…
Funds Lost in Crypto Hacks Witnessing Downtrend As Industry Adopts Stronger Security Measures, Says Binance
Crypto exchange Binance says that the amount of digital assets lost in hacks this year is significantly lower than the figures seen in previous years. In its Monthly Market Insights…
Banking Giant Paying $4,700,000 To Victims of Billion-Dollar Market Manipulation Scheme: US Department of Justice
A group of US regulators including the Department of Justice (DOJ) is hitting a banking giant with a multi-million dollar fine to settle criminal charges that the firm defrauded the…
$17,900 Drained From JPMorgan Chase Account, Sent To Wells Fargo – Now Both Banks Are Refusing To Reimburse: Report
A JPMorgan Chase customer says her money would be safer under the mattress after scammers successfully moved $17,900 from her account to Wells Fargo. Atlanta resident Marina Camplone says someone…
Banks Under Attack As ‘Octo2′ Drains Customers’ Accounts in Secret Smartphone Takeover: Report
Hackers have unleashed a highly advanced piece of malware that quietly infects mobile devices, takes control and drains bank accounts without users even noticing. Security researchers at Threat Fabric say…
‘Operation Kraken’ in Australia Seizes Over $6,400,000 in Crypto From Global Organized Crime, Say Authorities
A special law enforcement operation by the Australian Federal Police (AFP) has enabled authorities to gain access to crypto assets linked to the alleged mastermind and administrator of an organized…
Indiana Man Pleads Guilty to Stealing Over $37,000,000 in Crypto From Nearly 600 Victims: US Justice Department
A 21-year-old man from Indiana just pleaded guilty to charges stemming from a cyber intrusion event that happened in February 2022. Malicious actors involved in cyber intrusion use phishing, email…
Tether Says It Helped US Government Seize $6,000,000 in Crypto From Southeast Asian Scheme
The company behind the world’s largest stablecoin by market cap says it aided US authorities in confiscating the proceeds of an overseas crypto-confidence scheme. Perpetrators of crypto-confidence schemes approach their…
FBI Seizes More Than $6,000,000 in Crypto From Southeast Asian Scammers Preying on US Citizens
The Federal Bureau of Investigation (FBI) has seized millions of dollars worth of crypto assets from entities in Southeast Asia that allegedly targeted US citizens. In a new announcement on…
Fake Crypto Wallet on Google Play Steals $70,000 in Digital Assets After Being Downloaded 10,000 Times: Report
A fake crypto wallet application on the Google Play Store has reportedly stolen tens of thousands of dollars worth of crypto assets from unsuspecting customers after seeing 10,000 downloads. According…
Hackers Plunder $2,000,000 Worth of Crypto From Liquid Restaking Protocol Bedrock
A liquid staking protocol says that bad actors made away with millions of dollars worth of crypto assets after hacking into the decentralized finance (DeFi) platform. In a new announcement…