GIGA is one of the meme coins that faced a massive security incident on November 11. A whale investor had about $6.09 million in tokens stolen from him due to a highly professional phishing scam. The individual known as “Still in the Game” on X said the cybercriminals sent a ... Read more
Aleksei Andriunin, a 26-year old Russian living in Portugal, stands accused of wire fraud and conspiracy in regard to manipulating cryptocurrencies. Andriunin, his firm Gotbit and two of its directors Fedor Kedrov and Qawi Jalili have been accused of manipulating trading volumes for their clients in cryptocurrency . This indictment ... Read more
Five people have been put behind bars for a large-scale cryptocurrency scam, which defrauded investors out of $21.6 million. Through the EXW Wallet and EXW crypto token, the group conducted their fraudulent activities defrauding an estimated 40,000 victims. According to the report, the convicted criminals spent the stolen money on ... Read more
A phishing scam campaign has been revealed that aims at users looking for Sony’s blockchain project called Soneium. The scare appeared to use a Google advertisement that would redirect unsuspecting users to a fake website developed to steal users’ cryptocurrencies. In a recent X post, Scam Sniffer posted that to ... Read more
An Indian national has been handed down a sentence for his part in a cryptocurrency scam that targeted more than $20 million from its victims. According to a recent report, the scam had fake websites which resembled the popular cryptocurrency exchange platform known as Coinbase. Chirag Tomar, 31 years old, ... Read more
The Hong Kong Police Force (HKPF) has effectively disrupted a major cross-border fraud syndicate from a factory style premises in an industrial building in Hong Kong. The group, including four women and nine men, used romance scams to trick victims into investing in fraudulent cryptocurrency projects and had reportedly netted ... Read more
A 21 year old man from Lebanon, Indiana has recently agreed to plea guilty to charges related to what has been described as a $37 million cryptocurrency theft. Evan Frederick Light pleaded guilty in front of U.S. Magistrate Judge Veronica Duffy on September 30, 2024, for his part in a ... Read more
