Cryptocurrency Scams

Hackers stole 500,000 ETH (about $1.4 billion) from Bybit using malware and laundered most of it through mixers, bridges, and decentralised platforms. Nearly 70% of the funds are still traceable, but a third has disappeared, with few signs of recovery so far.

The social media account of British Member of Parliament Lucy Powell was hacked yesterday used to falsely promote a fraudulent cryptocurrency called the "House of Commons Coin"

CBEX, a fraudulent digital trading platform, scammed thousands of Nigerian investors by promising unrealistically high returns and freezing accounts after taking their money. The platform, which was never registered, collapsed in April 2025, leaving victims with significant financial losses.

Nine Chinese nationals were sentenced for running a fake cryptocurrency scam that tricked over 66,000 people in India out of $6 million. They used fake platforms, social media personas, and money laundering through USDT to hide their crimes.

Binance users are reporting targeted SMS phishing scams mimicking official alerts. The messages likely exploit leaked user data and uniform formatting to deceive recipients. In response, Binance has extended its Anti-Phishing Code to SMS, urging users to verify messages and report suspicious activity.

Guns N’ Roses guitarist Slash is saying farewell to X, after voicing his fustration following the rise in social media hacks on the social media platform.

Guns N’ Roses guitarist Slash has left X after his account was hacked—again—to promote a Solana-based meme coin, highlighting growing concerns over platform security and celebrity-targeted crypto scams.

Argentina's Chamber of Deputies has officially launched a probe to find a scapegoat for the president...

The FBI secretly ran a dark web money laundering scheme for nearly a year after arresting the original operator, Anurag Murarka. They used the sting to catch cybercriminals and stop over $1.4 million in illegal crypto transfers.

X is giving all parody and commentary accounts until this week to change their usernames and profile photo.