CRYPTO SCAM

May 23 2026CRIME

Based Apparel’s sudden shutdown raises red flags over crypto scams

A clothing store quietly linked to a high-profile government figure vanished from the internet after users spotted something suspicious. Based Apparel, which sells trendy hoodies and casual wear, was pushing a sneaky piece of malware called "ClickFix" to Macintosh users. The trick involved convincin

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May 20 2026CRIME

How Crypto and Chat Apps Fuel a $442 Billion Scam Machine

The numbers tell a shocking story. In 2025 alone, online scams drained a mind-blowing $442 billion from victims worldwide. Behind this theft stands a hidden web of scam centers, where trafficked workers are forced to commit fraud under brutal conditions. These criminals rely on more than just persua

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May 14 2026CRIME

Crypto Loss Fight: Man Takes IRS to Court Over Big Refund

A man from Ohio is suing the tax agency after it denied him a large refund he believes should cover losses from a crypto scam. The lawsuit was filed in the Southern District of Ohio and centers on an alleged “pig‑butchering” scheme that stole more than $800, 000 from the plaintiff. He claims h

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May 09 2026CRIME

Crypto Scam Crackdown: 276 Arrests Across Borders

A global police raid hit a major crypto scam ring, taking down nine fraud hubs and detaining 276 people. The FBI teamed up with Dubai Police and China’s Public Security Ministry to make the arrests. In California, three suspects face federal charges of wire fraud and money laundering. A fourth wa

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Apr 29 2026CRYPTO

A musician's crypto loss shows why digital wallets need better protection

Popular blues-rap artist G. Love trusted the wrong app after his computer broke. He searched the Apple App Store for the Ledger wallet software he'd used before, downloaded what looked identical, and entered his 12-word seed phrase to restore access. Seconds later, $430, 000 in Bitcoin and Ethereum

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Apr 15 2026CRIME

A Fake App Tricks Mac Users Out of $9. 5 Million in Crypto

A fraudulent app in the Mac App Store posed as a well-known crypto tool and stole millions from users—including a professional musician. The fake Ledger Live app stayed hidden for a week before being pulled, but not before draining over $9. 5 million in Bitcoin, Solana, and other currencies from mor

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Apr 09 2026CRIME

Crypto scams drain billions from Americans in 2025

Last year, cryptocurrency fraud cost Americans over $11 billion, making it the top scam category for losses. The FBI’s data shows reports of internet crimes jumped from 860, 000 in 2024 to over a million in 2025. Out of the $21 billion lost to scams, crypto-related tricks accounted for more than hal

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Mar 27 2026CRIME

Online Scams Linked to $20 Billion Black Market Face Global Pushback

A shadowy online marketplace handling cryptocurrency just got hit with sanctions that could freeze its operations. The UK government named Xinbi Guarantee, a platform that lets users trade in stolen data, money-laundering tools, and even tech used for running scams. This isn’t just a small operation

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Mar 27 2026CRIME

UK Takes Action Against Crypto Scams Tied to Trafficking

The UK government recently froze assets linked to a major Southeast Asian scam network, including properties in London. The crackdown targets a crypto marketplace called Xinbi, accused of selling stolen personal data and helping launder money for North Korean hackers. Over $19 billion in crypto has

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Mar 23 2026CRYPTO

Fake Crypto Scams Hide Behind War‑Like Posts on X

ZachXBT, a blockchain investigator, revealed a hidden network of fake X accounts that use war‑themed posts to trick people into crypto scams. These accounts were bought with large follower lists and posted exaggerated or false political content that spread quickly. When the posts went viral, t

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