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Category Crypto fraud

MainNewsCrypto fraud
Father-Son Crypto Scam Duo Jailed After Bleeding Investors of $12M

Father-Son Crypto Scam Duo Jailed After Bleeding Investors of $12M

New York prosecutors have secured a 19-year sentence for Hugh Austin after he ran a crypto scam with his son, siphoning $12 million into luxury hot...
Crypto Fraud Reached Staggering $9.3B Losses in 2024, 66% Increase From 2023: FBI Report

Crypto Fraud Reached Staggering $9.3B Losses in 2024, 66% Increase From 2023: FBI Report

The FBI recorded $9.3 billion losses spread across various crypto fraud, including investment scams, extortion, ATM and kiosks. The post Crypto Fra...
New ‘Crocodilus’ Android Malware Steals Sensitive Crypto Wallet Credentials: Research

New ‘Crocodilus’ Android Malware Steals Sensitive Crypto Wallet Credentials: Research

A recent research by cybersecurity firm Threat Fabric found the emergence of a new malware family dubbed “Crocodilus,” that steals crypto wallet cr...
Report Shows Security Concerns as the Major Challenge for Crypto Payment Adoption

Report Shows Security Concerns as the Major Challenge for Crypto Payment Adoption

Although crypto payments provide fast and worldwide transactions, mounting security risks and fraud cases are making users wary of fully trusting t...
Russian Gotbit Founder Strikes Plea Deal in Crypto Market Manipulation Case

Russian Gotbit Founder Strikes Plea Deal in Crypto Market Manipulation Case

Russian national Aleksei Andriunin offered market manipulation services via Gotbit, to create artificial trading volume for various crypto firms, b...