Top 20 Crypto Scams & Frauds International News
2025-04-28 02:51:55
Here's a summary of recent crypto scam and fraud news:
- Elon Musk Crypto Scam Warning: Elon Musk warned the community about crypto scams and fake profiles targeting investors.
Source: c.newsnow.com,
Source: c.newsnow.com - Older Americans Targeted: Older Americans have been significantly impacted by crypto scams, with the FBI's IC3 reporting $2.8 billion in losses.
Source: c.newsnow.com - FBI Report on Crypto Fraud: The FBI reported that crypto investment scams accounted for $5.8 billion of fraud losses in 2024.
Source: c.newsnow.com - Canada Flags Crypto Scams: Canadian securities regulators have noted a rise in crypto scams amidst geopolitical uncertainty.
Source: c.newsnow.com - AI-Driven Crypto Scams: AI-driven crypto scams have caused $200 million in losses in Q1.
Source: c.newsnow.com - SEC Charges Palafox: The SEC has charged Ramil Palafox with a $198 million Ponzi-style crypto scam.
Source: c.newsnow.com,
Source: c.newsnow.com - Ukraine Cracks Down: Ukraine has cracked down on an international fraud network behind a $6 million crypto investment scam.
Source: c.newsnow.com - Pig Butchering Scam: A new "pig butchering" scam lures people into fake cryptocurrency investments.
Source: c.newsnow.com - CBEX Scam: EFCC releases names and photos of wanted suspects in the CBEX scam.
Source: c.newsnow.com - CBEX Promoters Arrest Ordered: Court orders arrest of six CBEX promoters over an alleged $1 billion Ponzi scheme.
Source: c.newsnow.com - Binance Phishing Scam: Cybercriminals are targeting Binance users with a new phishing SMS scam.
Source: c.newsnow.com - SMS Spoofing: Binance CEO issues a warning about SMS spoofing.
Source: c.newsnow.com - Forex 'Membership' Scam: Crypto, forex "membership" scam pulled in $198 million, according to the SEC.
Source: c.newsnow.com - Trump-Linked Scam: A crypto scam is being pushed from an account claiming to be Trump's new pro-Bitcoin SEC chair.
Source: c.newsnow.com - Thailand Crypto Law: Thailand’s new crypto law sets an $8,700 fine for scam-linked trades.
Source: c.newsnow.com - North Delta Crime: Another person falls victim to a cryptocurrency scam.
Source: c.newsnow.com - Coinbase CISO on Scam Prevention: Coinbase CISO discusses scam prevention amid $300 million in annual losses.
Source: c.newsnow.com - Southeast Asia Syndicates: Criminal syndicates in Southeast Asia launch custom infrastructure and stablecoins for global fraud.
Source: c.newsnow.com - North Korean Job Complex Scam: North Korean groups create fake crypto firms in a job complex scam.
Source: c.newsnow.com - Celebrity Endorsement Scam: A crypto scam using fake celebrity endorsements swindles a Parksville resident out of $130k.
Source: c.newsnow.com - Operation Token Mirrors: Eighteen individuals and entities have been charged for widespread fraud and manipulation in the cryptocurrency markets.
Source: www.justice.gov - Cybercrimes and crypto scams are becoming more common: The FBI’s Internet Crime Complaint Center, or IC3, collects reports of cyber-enabled fraud and digital threats from individuals and businesses across the U.S. The 2024 report paints a stark picture. Americans filed over 859,000 cybercrime complaints last year, leading to a record-breaking $16.6 billion in losses, a 33% increase from 2023.
Source: www.forbes.com - Scam and Dead Crypto Projects: A Global Breakdown of the Industry’s Troubling Trends: The United States dominates as the largest source of scam and dead crypto projects, with American founders accounting for 33% of all failed projects and 43% of scams globally.
Source: bravenewcoin.com - Investors Lost $5.8B to Cryptocurrency Scams Last Year: Investors lost $5.8 billion in cryptocurrency scams in 2024, according to the FBI's Internet Crime Complaint Center. Adults older than 60 reported the most cases and highest number of losses.
Source: www.cnet.com - What Are the Most Popular Crypto Scams to Watch For in 2025: The number of financial scams for consumers to avoid was already nearly endless, but this figure exploded when digital currency — also called cryptocurrency — became mainstream. According to the Federal Trade Commission (FTC), more than 46,000 people reported losing over $1 billion in crypto to various scams from January 2021 through June of 2022, and that figure only includes people who willingly shared this information with authorities.
Source: time.com - Latest News on Fraud - Cointelegraph: Cryptocurrencies promise a lot of security and privacy for the users, but reality is that cryptocurrency use often creates victims of different types of scams, such as digital theft, hacking, phishing and the major cryptocurrency scam – fraud.
Source: cointelegraph.com - Americans lost $5.6 billion last year in cryptocurrency fraud scams: Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency, the FBI said in a report released Monday that shows a 45% jump in losses from 2022.
Source: apnews.com - Inside the 'crypto con' costing victims billions in losses: Crypto scam losses rose to almost $2 billion so far in 2024, the FBI said. An ABC News investigation found that the people sending the text messages may also be victims themselves. In parts of Southeast Asia, Africa and South America, at least two hundred thousand people are reported to be trafficked and forced to target people.
Source: abcnews.go.com - Elderly Americans Hit Hardest by $9.3B Crypto Scam Wave in 2024: The FBI's Internet Crime Complaint Center (IC3) has revealed a troubling trend in its 2024 annual report, released on Wednesday. Americans aged 60 and older are most vulnerable to crypto fraud, despite making up a smaller portion of the population, the agency found.
Source: decrypt.co