Top 20 Crypto Scams & Frauds International News

Here's a summary of the top crypto scams and frauds:

• NewsNow.com: Crypto scams include a social engineering theft of 783 Bitcoin, Bitcoin ATM fraud, and scams involving impersonation of law enforcement. Nigeria deported foreign nationals involved in crypto romance scams. Illinois passed laws to safeguard consumers against crypto fraud. A real estate businessman in Telangana was duped in an online investment scam. Thailand Police arrested a suspect in a crypto-to-gold laundering ring. The FBI warned of fake law firms targeting crypto scam victims.
  Source: www.newsnow.com
• CryptoProsperity.org: The top scams include the FTX collapse, OneCoin, Africrypt, BitConnect, Thodex, Terra/Luna, celebrity coins, Forsage, PlusToken, and Squid Game Token. These involve Ponzi schemes, rug pulls, exchange fraud, and celebrity endorsements leading to significant investor losses.
  Source: cryptoprosperity.org
• NFTNoobie.com: The top 20 crypto scams include pig butchering, fraudulent trading platforms, phishing, romance scams, investment scams, rug pulls, cloud mining scams, giveaway scams, blackmail/extortion, fake wallets, cryptojacking, blockchain attacks, flash loan attacks, AI-enabled scams, Bitcoin ATM scams, job scams, man-in-the-middle attacks, ransomware, pump-and-dump schemes, and hacking. NFT scams include phishing, fake NFTs, rug pulls, pump-and-dump schemes, social engineering, and malicious smart contracts.
  Source: www.nftnoobie.com
• Cointelegraph.com: Recent news covers a US court signing off on a BlockFi settlement, Taiwan charging suspects in a crypto laundering scheme, and the EminiFX founder being ordered to repay millions in a Ponzi scheme. Other news includes a cryptojacker getting a prison sentence and HashFlare founders facing sentencing for a crypto Ponzi scheme.
  Source: cointelegraph.com
• Crypto.news: High-profile crypto fraud cases include Do Kwon (Terraform Labs), Avi Eisenberg (Mango Markets), Alex Mashinsky (Celsius Network), Su Zhu (Three Arrows Capital), and the SafeMoon founders. Other cases involve William Ulbricht (Silk Road), Charlie Shrem (BitInstant), Mark Karpeles (Mt. Gox), Nathaniel Chastain (OpenSea), and Faruk Fatih Özer (Thodex).
  Source: crypto.news
• BraveNewCoin.com: A report highlights the US as the largest source of scam and dead crypto projects, with Russia having the highest scam rates and South Korea leading in failed projects. Vietnam is noted as a developing nation with a high rate of both scam and dead crypto projects.
  Source: bravenewcoin.com
• VeritasProtocol.com: Recent events include major arrests in Southeast Asia related to a crypto fraud ring, a meme coin scam involving a fake cryptocurrency linked to Barron Trump, and Nigeria being identified as the worst-hit country by cryptocurrency fraud in Africa.
  Source: www.veritasprotocol.com
• Wizcase.com: Crypto scams have become an interconnected, multi-billion-dollar fraud, with losses exceeding billions in 2024. High-yield investment schemes and pig butchering schemes are dominant, often combined with AI-generated deepfakes. Elderly users are particularly vulnerable to crypto ATM fraud.
  Source: www.wizcase.com