Latest Updates Around The World
In addition to the chargebacks, Bybit blocked three million credential stuffing attempts in 2025 related to account takeover plans. Bybit has reported recovering $300 million for thousands of users at a time when crypto-related fraud remains high across the industry. The exchange attributed these efforts to an AI-powered fraud detection system that intervenes before people […]
A tip to Homeland Security uncovered a multi-wallet money laundering scheme, which ultimately resulted in a $61 million seizure of Tether. US federal agents have seized more than $61 million worth of USDT. Investigators have traced the seized funds to cryptocurrency addresses allegedly linked to the laundering of criminal proceeds obtained through ‘pig slaughter’. According […]
A senior Axiom employee allegedly accessed sensitive user data, shared screenshots of private wallets and coordinated targeted trading strategies. ZachXBT has alleged that an Axiom Exchange employee misused internal access to sensitive user data. In a series of posts, the prominent crypto researcher identified the employee as Broox Bauer and claimed that starting in early […]
XRPL users are facing a coordinated wave of scams, Wallet founder says, as attackers deploy phishing and fake apps and sign requests worldwide. Xaman Wallet founder Wietse Wind has said that a “massive XRPL-targeted scam effort” is underway, warning users about fake signing requests, phishing emails and impersonator accounts. His warning points to an increase […]
Former SafeMoon CEO Braden Karony sentenced to eight years for fraud involving $9 million in misused liquidity funds. Braden John Karony, the former CEO of SafeMoon, has been sentenced to 8 years in prison for his role in a multi-million dollar crypto fraud scheme. U.S. District Judge Eric Komite handed down the sentence in a […]
US prosecutors have warned of Valentine’s Day scams using crypto after cases cost victims millions. Prosecutors in the US state of Ohio have issued a public warning urging Americans to be on the lookout for cryptocurrency-related romance fraud as they celebrate Valentine’s Day. The alert drew attention to a rise in emotionally driven fraud cases […]
Two crypto users lost $12.25 million and $50 million after copying incorrect wallet addresses. In January, a crypto user lost $12.25 million by copying the wrong wallet address. Also in December, another lost $50 million in a similar manner. According to the popular Web3 security solution Scam Sniffer, the two incidents cost a combined $62 […]
High-risk and scam-related projects have been found to dominate the volume of press releases. A majority of press releases published on crypto news sites come from risky or outright fraudulent projects. In a new report, crypto communications firm Chainstory analyzed 2,893 crypto press releases published between June 16 and November 1, 2025, and found that […]
A leaked dataset of 149 million stolen credentials reportedly contains credentials for approximately 420,000 Binance accounts. This week, 149 million stolen credentials, including credentials for 420,000 Binance accounts, were discovered to be in circulation among cybercriminals. The findings highlight a shift in crypto theft toward long-lasting malware infections that steal data directly from users’ devices, […]
On-chain data revealed that a wallet linked to John “Lick” controls 40% of LICK’s supply after the launch of Pump.fun. A newly launched meme coin called LICK has come under scrutiny after on-chain data linked its creation to John Daghita, also known online as “Lick,” who is accused of stealing $40 million from the US […]
