The US Department of Justice has launched a compensation process for victims of the $4 billion crypto Ponzi scheme OneCoin, using forfeited assets taken from some of the scheme's architects. The Justice Department said…
South Korea’s third-largest cryptocurrency exchange, Coinone, is facing a fine and a partial business suspension over anti-money laundering lapses, according to multiple local media reports. South Korea's Financial…
Blockchain sleuth ZachXBT said Garrett Dutton’s 5.9 Bitcoin has already been sent to deposit addresses associated with KuCoin. Garrett Dutton, an American musician better known as “G. Love,” said he lost $420,000 worth…
Democratic lawmakers and crypto investors characterized crypto projects launched by or tied to Trump as scams and political corruption. United States President Donald Trump is facing renewed scrutiny, as crypto tokens…
Shipping firms that turn to cryptocurrency to pay potential transit fees to Iran could face significant sanctions exposure, according to Kaitlin Martin, senior intelligence analyst at Chainalysis. Martin told…
Key takeaways Impersonation scams can be low-tech yet highly effective, using fake websites that closely mimic trusted cryptocurrency platforms to deceive users. The CoinDCX case shows how a 7.16 million rupee fraud…
Key takeaways Impersonation scams can be low-tech yet highly effective, using fake websites that closely mimic trusted cryptocurrency platforms to deceive users. The CoinDCX case shows how a 7.16 million rupee fraud…
A South Korean court has canceled the Financial Intelligence Unit’s (FIU) three-month partial business suspension of Dunamu, the operator of crypto exchange Upbit, according to local reports. Yonhap News Agency reported…
A threat actor known as “Jinkusu” is allegedly selling cybercrime tools designed to bypass Know Your Customer (KYC) checks at banks and crypto platforms. The tool uses deepfakes and voice manipulation to trick KYC…
Cambodia's parliament passed legislation targeting compounds used to defraud victims through scams, including those involving cryptocurrency. In a Friday notice, the Senate of the Kingdom of Cambodia announced that the…
Years of crypto scams running havoc on the social network X, formerly known as Twitter, have resulted in the implementation of a “kill switch” for users talking about crypto. An Auto-Lock For Crypto Posting? The…
Li Xiong, a key member of a group that helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money-laundering charges, according to Hong Kong-based news…