Polygon-Based Dragoma Rug Pulled, DMA Dumps 99%

The price of its native token, DMA, has plunged to zero hours after getting listed on MEXC.

Hong Kong Investors Lost $50M From Crypto Scams in 2022 (Report)

Cryptocurrency scams in Hong Kong for the first half of 2022 were reportedly up by 105% than in H1, 2021.

What are crypto pump and dump groups? Are they legal?

Self-organized teams that support crypto scams on Discord or Telegram are not illegal in the crypto market except in regulated exchanges. Pump-and-dump operations, which fraudulently manipulate prices by disseminating false information, have existed in economic contexts since at least the 1700s.

Mississippi Woman Jailed for 10 Years After Paying for Murder in Bitcoin

Jessica Sledge will see the prison cell from the inside for the next ten years for paying $10K in bitcoin to an assassin who was meant to kill her husband.

SEC Charges Eleven Individuals Linked to the Crypto Pyramid Scheme Forsage

The SEC pressed charges against 11 individuals for participating in Forsage, a crypto Ponzi scheme.

Chainalysis Launches Government-Focused Team Offering Solutions for Crypto Crimes

Chainalysis will leverage its strength in data tools, software, and talents to help federal investigators and police forces probe into the illicit crypto economy.

US Grants up to $10M for Information Regarding North Korean Crypto Hackers

The American authorities doubled the award, promising up to $10m to individuals who help them bring down North Korean cyber criminals.

US Senator Pressures Apple and Google Over Safeguards for Crypto Scam Apps

The senator wants to know what measures tech giants are taking to keep crypto scams off their app stores. 

Senator Prompts Regulators to 'Do More' to Combat Crypto Scams and Fraud

Senator Sherrod Brown, chair of the banking committee, says crypto investors and consumers need better protections.

CEO of Titanium Blockchain Pleads Guilty to Securities Fraud

The SEC went after the fraudulent ICO operator - Michael Alan Stollery - who now admitted to misleading investors.

Atlanta Film Producer Pleads Guilty to $2.5M Crypto Fraud

The film producer scammed investors out of over $2.5 million via two ICO schemes. 

DCG, Castle Island Ventures Lead $90 Million Round in a Crypto Security Firm

The investment was led by Summit Partners, Brevan Howard, Digital Currency Group, and Castle Island Ventures.

FBI: Beware of Fraudulent Crypto Investment Applications

Cyber criminals are highly inventive and have found their ways to exploit cryptocurrency investors, the FBI alerted.

BNB Chain Launches New Tool To Help Users Detect Malicious Projects and Scams

The smart contract-enabled blockchain developed by crypto exchange giant Binance is launching a new tool that helps users detect crypto scams.