Scam

$11.5B lost to pyramid schemes, hacks and exploits in 2022: report
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6 July, 2023

$11.5B lost to pyramid schemes, hacks and exploits in 2022: report

TRM Labs reports that a further $1.5 billion worth of digital assets was used in darknet markets, as TRON held...
CFTC secures $54M default judgment against digital currency fraudster
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3 July, 2023

CFTC secures $54M default judgment against digital currency fraudster

The U.S. District Court for the Southern District of New York ordered Michael Ackerman to pay $27 million in restitution...
California man charged in landmark CFTC pig-butchering scam enforcement
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28 June, 2023

California man charged in landmark CFTC pig-butchering scam enforcement

The regulator alleges that the man led a California operation that used online romance to swindle over $1.3 million from...
Beware of fake regulators listed by digital asset firms, Canadian regulator warns
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24 June, 2023

Beware of fake regulators listed by digital asset firms, Canadian regulator warns

The Canadian Securities Administrators says digital asset firms are listing fake regulators to gain credibility and called on investors to...
European consumer group slams social media platforms for profiting on ‘misleading’ digital currency ads
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14 June, 2023

European consumer group slams social media platforms for profiting on ‘misleading’ digital currency ads

Social media platforms mentioned in European Consumer Organization’s report include YouTube, TikTok, Instagram, and Twitter, criticizing them for their lax...
Australia’s largest bank blocks payments to digital asset exchanges
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10 June, 2023

Australia’s largest bank blocks payments to digital asset exchanges

The Commonwealth Bank of Australia announced that it’s blocking ‘certain’ payments to some exchanges to curb scams but didn’t reveal...
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