U.S. authorities have seized seven domains used in “pig butchering” cryptocurrency schemes. “Once the money is sent to the fake investment app, the scammer vanishes, taking all the money with…

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Did Silvergate let FTX and Alameda share funds and bank accounts? Isn’t that illegal? Also, if one of the objectives of KYC and AML procedures is to stop money laundering,…

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Ruja Ignatova, founder of the notorious crypto pyramid Onecoin, was reportedly alerted about police investigations into the scam before she disappeared. The ‘Cryptoqueen’ has been on the run for several…

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It was Revolut’s turn. Another day, another data breach in the crypto world. About a week ago, someone inside the company’s headquarters fell for a scam. According to Revolut, the…

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A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress…

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U.S. authorities have warned about the rising popularity of a crypto scam known as “pig butchering.” The Federal Bureau of Investigation (FBI) explained: “The fraud is named for the way…

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The Coinfessions Twitter account shows something that’s not easily accessible. Their tagline says it all: “anonymous crypto confessions.” The little stories it presents paint a scary picture. An industry full…

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