Cryptocurrency Scams

A 23-year-old man from Brooklyn, Ronald Spektor, has been charged with a $16 million crypto phishing scam that targeted nearly 100 Coinbase users across the US. He allegedly tricked victims into sending their cryptocurrency to wallets he controlled and is now in custody while authorities work to recover the stolen funds.

A crypto user "donated" $50 million worth of USDT to a group of hackers after copying a poisoned address from his transaction history, according to onchain security firm Web3 Antivirus.

A Singapore-based entrepreneur has fallen victim to a sophisticated crypto malware scam, losing over $14,000 in digital assets after downloading a seemingly legitimate online game launcher.

A Singaporean investor lost S$100,000 after downloading a beta game launcher that contained malware, which emptied his crypto wallets. Despite using strong security measures, he was targeted by a sophisticated scam, highlighting risks for crypto users.

Hong Kong Prosecutors have asked for more time to organize the sprawling evidence collected during the two-year investigation.

A Singaporean man accused of leading a major crypto fraud ring returned to a US court as plea talks with prosecutors continued. The case has expanded with more arrests and charges, while lawyers work towards a possible deal.

A Bitcoin investor lost his entire retirement savings after sending $85,958 to a scammer posing as a romantic partner and trader. Despite repeated warnings from his adviser, the investor fell for a pig butchering scam that used emotional manipulation and false promises of high returns.

Soulja Boy apologised for promoting numerous crypto and NFT projects that later failed or were scams. Critics and analysts remain concerned as he appears to be involved with new high-risk tokens on the Base platform.

North Korean hackers are using fake video calls and hijacked accounts to trick crypto users into installing malware. The attacks give them full control of devices, allowing them to steal crypto wallets and spread the scam through trusted contacts.

A San Jose widow lost nearly $1 million after an online romance led her into a fake crypto investment scam. She followed the man’s instructions, drained her savings and took out a second mortgage before realising it was a fraud.