ADVERTISEMENT
Market news, analysis & forecast powered by
Preview Mode
News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
What are you looking for?
What are you looking for?
Subscribe to our News & Services
All News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
To B, or Not to Be
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
About Us
Contact us
Terms of Use
Privacy
Market News
by
Subscribe to our News & Services
FM ALL News
FM Crypto
Follow us on Twitter
Follow us on Linkedin
FM Home
>
Crypto scam
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
ceτi AI Acquires Big Energy Investments Inc. in Latest Move
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
ceτi AI Acquires Big Energy Investments Inc. in Latest Move
Thought Leadership
ADVERTISEMENT
crypto scam
Search for a tag
CryptoCurrency
OneCoin’s Legal and Compliance Head Gets 4 Years in Prison
Irina Dilkinska pled guilty to wire fraud and money laundering.
She has been sentenced to one month of supervised release and is required to forfeit $111 million.
Thursday, 04/04/2024 | 04:57 GMT
by
Arnab Shome
CryptoCurrency
Losses to Crypto Frauds Jumped to $3.94 Billion in 2023: FBI Reveals
Overall investment losses last year increased 38 percent to $4.57 billion.
Although scammers target all age groups, people above 60 years of age are very vulnerable.
Monday, 11/03/2024 | 08:28 GMT
by
Arnab Shome
Retail FX
‘Want to Be My Valentine?’: CFTC Sounds Alarm on Romance Scams
The regulator asked dating and messaging apps and social media users to be wary of any messages from strangers promoting crypto or FX.
Scammers build an aura of relationships for weeks before pitching fraudulent schemes.
Thursday, 08/02/2024 | 08:30 GMT
by
Arnab Shome
CryptoCurrency
Texts of Deception: Unveiling Smishing, the Dark Side of SMS in Crypto
While Telegram and WhatsApp grab headlines, the old-school SMS is still going strong for scammers.
The reason: Outdated GSM technology leaves exchanges helpless.
Tuesday, 06/02/2024 | 13:48 GMT
by
Damian Chmiel
Retail FX
Australian Regulator Clamp Down on Super Fund Scam and Unlicensed Crypto Services
The watchdog charges individuals in SMSF scams and unlicensed crypto service cases.
The schemes promised high returns for retail investors.
Tuesday, 06/02/2024 | 08:49 GMT
by
Damian Chmiel
CryptoCurrency
Exclusive: Scammers Impersonate Binance, but the Exchange Says There’s Nothing It Can Do
Fraudsters are offering fake cash prizes in official SMS threads from the crypto exchange.
Binance responds it "seems unrealistic" to eliminate this type of phishing attempt.
Monday, 15/01/2024 | 11:32 GMT
by
Damian Chmiel
CryptoCurrency
"Pig Butchering" Crypto Scams: 4 Americans Charged for Laundering $80M
Scammers in such scams gain victims' trust before pitching fraudulent investment schemes.
Two of the defendants have now been arrested and are facing up to 20 years in jail.
Friday, 15/12/2023 | 05:40 GMT
by
Arnab Shome
ADVERTISEMENT
Retail FX
Hundreds of Polish FX and Crypto Traders Lose Millions in "Fool Me Twice" Fraud Scheme
Polish authorities uncovered a fraudulent recovery scam duping FX and crypto investors.
Several hundred people might have lost over PLN 9 million.
Thursday, 23/11/2023 | 09:44 GMT
by
Damian Chmiel
CryptoCurrency
$300 Million Crypto Scam: Indian Authorities Arrest 8 Cops
The scam targeted around 5,000 government officials and about 1,000 police personnel.
The Indian police made 18 arrests related to the fraud.
Tuesday, 07/11/2023 | 08:42 GMT
by
Arnab Shome
CryptoCurrency
Study Finds Blackmail Leads in $20 Billion Bitcoin Scams
Blackmail has led the list of the most prevalent types of Bitcoin scams since 2018.
The number of reported scammers has almost halved, but ransomware scams are on the rise in 2023.
Wednesday, 04/10/2023 | 08:44 GMT
by
Damian Chmiel
CryptoCurrency
Crypto Kingpin behind Bars: 12 Years for $100M Ponzi Scheme
The scheme mastermind has been sentenced for running a global crypto pyramid scheme.
AirBit Club deceived investors, with assets valued at $100 million have now been seized.
Wednesday, 27/09/2023 | 08:22 GMT
by
Damian Chmiel
CryptoCurrency
What is a Rug Pull: Types, How to Avoid Them
A deep dive into rug pulls.
Thursday, 14/09/2023 | 08:08 GMT
by
Pedro Ferreira
CryptoCurrency
$4 Billion Crypto Scam: OneCoin Co-Founder Gets 20 Years in Prison
OneCoin arbitrarily set the price without considering market forces.
Millions of victims lost money due to the fraudulent scheme.
Wednesday, 13/09/2023 | 08:50 GMT
by
Tareq Sikder
CryptoCurrency
Crypto Hacks and Exploits Decline to $300M in Q2: Report
Hackers stole about $313 million in the period.
The figures compare to $745 million lost in the same period last year.
Wednesday, 05/07/2023 | 16:16 GMT
by
Jared Kirui
ADVERTISEMENT
CryptoCurrency
Israeli Entrepreneur Was Allegedly Robbed of Crypto at Gunpoint
The cryptocurrencies have been reportedly frozen by receive wallet provider.
The entrepreneur has left Israel and the unnamed person remains almost penniless.
Thursday, 15/06/2023 | 15:07 GMT
by
Solomon Oladipupo
Education Center
The Importance of Staying Vigilant against Crypto Scams
Scammers are getting better and more sophisticated.
Tuesday, 13/06/2023 | 14:08 GMT
by
FM Contributors
CryptoCurrency
Former New York Banker Faces Criminal Charges for Crypto Scam
He was arrested on Monday and arraigned on Tuesday afternoon.
The CFTC also filed a civil lawsuit against him.
Wednesday, 12/04/2023 | 06:49 GMT
by
Arnab Shome
CryptoCurrency
Ormenus Coin Scammers to Pay $102 Million as Recovery and Fine
The siblings ran a massive operation defrauding thousands of retail investors.
The SEC brought charges against the fraudsters last year.
Friday, 31/03/2023 | 09:06 GMT
by
Arnab Shome
CryptoCurrency
Document Says OneCoin Founder Ruja Ignatova ‘Killed’ in 2018 in Greece
Ignatova disappeared from the public scene in 2017.
Sebastian Greenwood, OneCoin Co-Founder, is to be sentenced in April this year.
Monday, 20/02/2023 | 14:32 GMT
by
Solomon Oladipupo
CryptoCurrency
Are Cryptocurrencies a Scam?
Recent events have caused many to question whether or not cryptocurrencies are a scam.
Monday, 06/02/2023 | 16:50 GMT
by
Finance Magnates Staff
CryptoCurrency
StarOptions and B2G Promoter Gets 60 Months in Prison for Fraud
Both schemes were fraudulent and received millions from investors.
B2G even promised an 8,000 percent annual return from its ICO.
Wednesday, 01/02/2023 | 06:23 GMT
by
Arnab Shome
ADVERTISEMENT
Retail FX
FMA Warns against Crypto Fraudsters and Impersonators
Bay Exchange was providing crypto services without proper authorization.
Krypto Security was trying to impersonate the FMA's officials and extort consumer funds.
Monday, 12/12/2022 | 09:24 GMT
by
Damian Chmiel
CryptoCurrency
Hackers Steal $4.3bn in Crypto in Nine Months
The amount represents a 31% increase from the same period in 2021.
Privacy Affair has described FTX's collapse as the largest crypto scam so far in 2022.
Monday, 05/12/2022 | 15:56 GMT
by
Solomon Oladipupo
CryptoCurrency
ASIC Shows How to Spot a Cryptocurrency Scam
ASIC supports ongoing Scams Awareness Week 2022.
The regulator lists 10 ways to identify potential crypto fraud.
Tuesday, 08/11/2022 | 08:25 GMT
by
Damian Chmiel
CryptoCurrency
UK Court Winds Down Fraudulent Crypto Firm PGI Global
The company promised a 200 percent return to investors.
The US has already shuttered a related entity of the firm.
Thursday, 27/10/2022 | 11:50 GMT
by
Arnab Shome
See more
Next
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}