fraud

Crypto Scams Cost Investors $4.6 Billion in 2024, Warns Bitget Report

Losses from cryptocurrency-related scams reached a staggering $4.6 billion in 2024, according to a new report by investment platform Bitget. Despite the continued growth of...

Binance Employee Suspended Over Insider Trading Scandal

Binance, the world's largest cryptocurrency exchange, has suspended an employee following an internal investigation into allegations of insider trading. The probe found that the...

Bybit accountant sentenced to nearly 10 years

A former accountant for a fintech firm has been sentenced to nearly 10 years in prison for large-scale financial fraud. Ho Kai Xin, a...

Russian Crypto Exchange CEO Arrested in Poland, Set for Extradition to the U.S.

Dmitry Vasiliev, the former CEO of WEX, faces serious charges of fraud and money laundering linked to his involvement with one of the largest...

Five Charged in Connection with ‘Scattered Spider’ Crypto Theft

Federal prosecutors have charged five individuals tied to the hacking group “Scattered Spider,” accused of stealing at least $11 million in crypto and sensitive...

DeltaPrime Hit by Second Major Attack, Losing Over $4.7 Million

Crypto broker DeltaPrime has reportedly suffered a second cyberattack, this time losing $4.75 million in tokens after a vulnerability was exploited on its platform....

Telegram bot review – A helper or a scam?

A Telegram bot, sometimes referred to as a Telegram application, is essentially an account on Telegram that is run by software, not a human....

Telegram scams: How to Protect Yourself in the World of Cryptocurrencies

Telegram scams - how to protect yourself? Telegram has become one of the most popular communication tools for the crypto community due to its simplicity, security...

The most typical crypto scams

Crypto fraud is an increasing risk for investors and users of digital assets. As the popularity of cryptocurrencies increases, so does the number of...

Court sends founder of cryptocurrency exchange FTX to prison for 25 years

A U.S. court today sentenced Sam Bankman-Fried, the founder and former head of the failed cryptocurrency exchange FTX, to 25 years in prison, news...