FBI
Crypto Scams Cost Americans $5.6 Billion in 2023: FBI Report
The FBI’s Internet Crime Complaint Center has released a sobering statistic: Americans reported a staggering $5.6 billion in losses due to crypto fraud in 2023. This represents a 45% increase...
FBI Warns of North Korean Hackers Targeting Crypto Firms
The US Federal Bureau of Investigation (FBI) has issued a warning about North Korean hackers’ latest attempts to steal crypto from crypto exchanges, DeFi, and ETF issuers. The agency says...
Tether and FBI Team Up to Recover $5 Billion in Crypto
The U.S. Attorney’s Office for the Eastern District of North Carolina publicly commended Tether, the leading stablecoin issuer, for assisting in the recovery of funds connected to a major fraud...
FBI Warns of Rising Crypto Exchange Impersonation Scams
The FBI issued a warning about scammers impersonating cryptocurrency exchange employees to steal funds. These scammers initiate contact with victims via unsolicited calls or messages, pretending to be exchange employees....
Turkish Authorities Dismantle $1 Billion Crypto Ponzi Scheme
Turkish law enforcement successfully dismantled a criminal organization accused of running an illegal cryptocurrency Ponzi scheme. The gang reportedly convinced unsuspecting citizens to invest a combined $1 billion, promising high...
Cred LLC Former Executives Charged With Conspiracy and Fraud: Report
A recent press release revealed that a Federal grand jury charged three former executives of Cred LLC, a San Francisco-based financial services firm that filed for Chapter 11 bankruptcy in...
