Bitcoin Scam: Court Hands Man 20-Year Sentence Over $200M Ponzi Scheme
A US court has sentenced the CEO of Bitcoin trading firm, Praetorian Group International (PGI), to 20 years in prison...
Crypto scam
Nigerian SEC Partners With Police To Tackle Crypto Ponzi Schemes – Details
The Nigerian Securities and Exchange Commission (SEC) is maintaining an intense focus on the local cryptocurrency industry, as indicated by...
Crypto Phishing Losses Crash By 83% In 2025 – Details
Phishing losses fell drastically in 2025 by over 83% compared to the previous year. However, the underlying data show that...
Coinbase Rep Scam: Brooklyn DA Charges Man In $16M Fraud Case – Details
The Brooklyn District Attorney's Office, Kings County, has charged a man for allegedly defrauding $16 million from unsuspecting individuals by...
Crypto User Loses $50M USDT In Address Poisoning Attack – Details
An unsuspecting crypto user has recently lost $50 million USDT in an address poisoning scam. The incident represents one of...
FTX Issues Warning As Fraudulent Emails Circulate During $1.6B Creditor Payout
Management of bankrupt crypto exchange FTX has issued a warning that creditors should beware of phishing campaigns. Notably, this statement...
Crypto Phishing Attacks Surge In August As Losses Hit $12 Million
Prominent web3 security outfit Scam Sniffer reports that crypto investors suffered an increased number of phishing scams in August. Notably,...
Crypto Ponzi Scheme Ruling: EminiFX Founder Ordered To Repay $228 Million
Yesterday, a federal judge in New York ordered Eddy Alexandre, founder of the now-defunct cryptocurrency platform EminiFX, to pay $228...
