Crypto news across the globe
The FBI’s IC3 reported that Americans lost $9.3 billion to cryptocurrency fraud in 2024, with over 140,000 related complaints. The elderly were the most affected, losing $2.8 billion. Investment scams …
FBI Reports $9.3 Billion Losses to Crypto Fraud in 2024 Read More
In 2024, Americans lost nearly $10 billion due to crypto scams, with California being hardest hit, accounting for $1.39 billion in losses. The most affected demographic was those over 60 …
California Emerges as Top State for Crypto Scam Losses in 2024 Read More
Elon Musk has warned followers about cryptocurrency scams via a meme. He highlighted tactics used by scammers, particularly the impersonation of attractive women, which led to significant losses for victims. …
Elon Musk Warns Followers About Cryptocurrency Scams Read More
The article discusses the increasing prevalence of crypto Ponzi schemes, highlighting their operational mechanics and the resulting financial losses, as reported by the FBI. It details the SEC Whistleblower Program, …
Reporting Crypto Ponzi Schemes and Securing SEC Whistleblower Awards Read More
The FBI warns of a rising trend in fraud targeting Crypto ATMs, with victims losing vast sums. Scammers deceive individuals into transferring funds via these machines under false pretences. Authorities …
FBI Warns About Rising Crypto ATM Scams: Important Safety Tips Read More
The rise of crypto ATM scams has led to significant financial losses, with fraudsters exploiting ATM users. The scams involve convincing victims their accounts are compromised, leading them to transfer …
Increasing Fraud Risks Associated with Crypto ATMs Read More
In 2024, cryptocurrency scams surged, prompting Manitowoc police to warn citizens about the risks. Many victims have lost significant funds due to convincing scammers. The FBI is investigating these fraudulent …
Manitowoc Police Educate Public on Rising Cryptocurrency Scams Read More
Cryptocurrency scams lead to significant financial losses, with investment-related fraud accounting for nearly $4 billion in 2023. Older adults are particularly vulnerable, suffering the highest losses. Scammer tactics evolve, using …
Significant Surge in Investment Fraud Due to Cryptocurrency Scams Read More
Lawmakers across multiple states are advancing legislation to regulate cryptocurrency ATMs to reduce fraud that has caused significant financial losses. Proposed bills will impose registration requirements, transaction limits, and fees …
Regulating Cryptocurrency ATMs: Lawmakers Tackle Rising Fraud Cases Read More
Federal investigations are focusing on a significant crypto heist linked to eXch, a crypto exchange implicated in laundering stolen funds for North Korea’s Lazarus Group. The Bybit hack led to …
Federal Agencies Intensify Crypto Investigations Amidst Major Heist Read More