crypto scams

State of the Scam: Can Crypto Clean Up While Scaling Up?
State of the Scam: Can Crypto Clean Up While Scaling Up?
October 14, 2024  |  Cryptocurrency

Crypto scams have remained a booming industry for scammers who exploit the hype, anonymity and global reach of digital currencies. But with crypto thefts and...

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This Week Web3: Scams, Payments and Stablecoins
This Week Web3: Scams, Payments and Stablecoins
September 04, 2024  |  Blockchain

A lot can change in five years, particularly when it comes to fast-moving innovations like blockchain technology. Back in 2019, the crypto landscape was marked...

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Bitcoin Jumps on Calls to Integrate Crypto Into US Asset Arsenal
Bitcoin Jumps on Calls to Integrate Crypto Into US Asset Arsenal
July 29, 2024  |  Cryptocurrency

The price of bitcoin hit a six-week high Monday (July 29). The alleged reason? Separate comments made over the weekend by presidential candidates Donald Trump...

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Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
May 30, 2024  |  Cryptocurrency

The Treasury Department has a warning for NFT fans: use them at your own risk. The department released an assessment Wednesday (May 29) finding that non-fungible tokens (NFTs) —...

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Report: Crypto Remains Underregulated Around Much of the World
Report: Crypto Remains Underregulated Around Much of the World
March 28, 2024  |  Cryptocurrency

As of last June, most of the world’s governments hadn’t begun regulating the cryptocurrency sector. That’s according to a new report by the Financial Action Task...

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Feds Seize $9 Million in Crypto ‘Pig Butchering’ Scam Probe
Feds Seize $9 Million in Crypto ‘Pig Butchering’ Scam Probe
November 21, 2023  |  Cryptocurrency

Federal authorities have seized almost $9 million in cryptocurrency tied to a scam ring. The U.S. Justice Department (DOJ) announced Tuesday (Nov. 21) the seizure of...

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Crypto Winter Didn’t Chill Fraudsters Ability to Score $20 Billion in 2022
Crypto Winter Didn’t Chill Fraudsters Ability to Score $20 Billion in 2022
March 06, 2023  |  Cryptocurrency

Even the criminals have felt the chill of the crypto winter. Kim Grauer, director of research at Chainalysis, told PYMNTS that the state of crypto-related...

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Calls For Regulation Intensify as UK Crypto Scams Jump 45%
Calls For Regulation Intensify as UK Crypto Scams Jump 45%
November 23, 2022  |  Security & Fraud

From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric...

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Elon Musk Impersonators Steal $2 Million Amid Surge In Crypto Investment Scams
Elon Musk Impersonators Steal $2 Million Amid Surge In Crypto Investment Scams
May 17, 2021  |  Security & Fraud

Cryptocurrency investment scams are on the rise, with people reporting they have lost over $80 million due to fraud including fake Elon Musk claims and...

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