Crypto users got excited about a chance to buy SpaceX shares before the company went public, thanks to special tokens offered by some trading platforms. These tokens were supposed to act like real stock shares before trading started. Platforms like Binance, Bybit, and Bitget Wallet told users they c
A sharp crash hit crypto markets overnight, wiping out billions in value. Bitcoin sank to $62, 600—a 6% drop—while Ethereum fell to $1, 750. Smaller coins like Solana and Hyperliquid took even bigger hits, losing around 9%. Even the recent winners weren’t safe. Zcash lost 12%, Near lost 18%, and ano
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
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
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
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
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
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
A Hong Kong retiree, aged 66, lost about $840, 000 in a series of three crypto scams. The first contact happened on WhatsApp in September 2025. A person claimed to be a “virtual currency expert” and promised steady profits. The retiree sent $180, 000 and put crypto into a wallet the scammer controll
People in Washington shops are finding small machines that look like ATMs but let you buy or sell digital money. These kiosks are not backed by banks and do not follow the same rules that protect regular banking transactions. They can be handy, but many scammers use them to steal from people who tru
