Scam Alert
Malaysia cracks down on crypto power theft as bitcoin mining drains the grid
Authorities identified 13,827 premises involved in illicit power consumption for mining. TNB seized bitcoin mining machines during joint inspections. Smart...
Crypto loopholes across Canada enable silent cash transfers
A Toronto outlet handed over $1,900.00 in cash using only a $5 bill for verification. Ukraine-based exchange 001k offered to...
Crypto romance scams now a national threat, not just consumer fraud
Organised crime groups run scam operations from Southeast Asia. The US DOJ seized $112 million in crypto linked to these...
Australia hit by new crypto scam tactic: criminals file fake reports to mimic police
They impersonate police officers and reference official government websites. Victims are falsely told they are involved in crypto-related investigations. The...
Hyperliquid’s $5m wipeout shows how DeFi vaults can collapse from within
An attacker withdrew $3 million in USDC from OKX and split it across 19 wallets. They opened $26 million in...
Balancer’s $70 million breach exposes DeFi’s fragile foundation
The moved assets included StakeWise Staked Ether (OSETH), Wrapped Ether (WETH), and Lido wstETH (wSTETH). In September 2023, Balancer suffered...
Radiant Capital hacker transfers 5,400 ETH to Tornado Cash: PeckShield
Radiant Capital hacker has moved over 5,400 Ethereum (ETH) tokens. Blockchain security firm PeckShield says the exploiter moved the ETH...
How a Bangkok arrest cracked open the $31 million FINTOCH crypto fraud
The FINTOCH platform falsely claimed ties to Morgan Stanley and promised 1% daily returns. Investigators found $31.6 million in USDT...
Crypto firm Xeltox fined record C$177M by Canadian AML regulator
Xeltox/Cryptomus fined C$177M for failing to report 1,000+ suspicious crypto transactions. Violations involved child abuse, fraud, ransomware, and sanctions-related transactions....
Crypto trader claims $1.4 million lost in OTC scam, KuCoin deposit stirs speculation
$1.40 million USDC moved on Ethereum. The community is split between fraud concerns and trolling theories. ZachXBT stated he would...