Scams
New Strike Force Set to Target Overseas 'Pig Butchering' as U.S. Hits Burma Operation
U.S. federal agencies are establishing a Scam Center Strike Force to counter the industrial-scale efforts to swindle money via crypto transactions.
Cleaning Up Crypto ATMs Isn’t Anti-Crypto
The louder these companies protest regulation, the clearer it becomes that something’s off, argue Paradigm’s Katie Biber and Dominique Little.
Social Engineering Scams Top Crypto Threats in 2025: WhiteBit
Technical wallet hacks, including phishing and malware, are the second most common threat, making up 33.7% of incidents.
South Korean Crypto Exchanges See 1,400x Jump in Flows Linked to Sanctioned Cambodian Entities
Bithumb led with 12.4 billion won, followed by Upbit with 366 million won. Smaller amounts moved through Coinone and Korbit, while Gopax reported no activity.
Chinese Woman Convicted in UK for Leading $6.9B Bitcoin Scam
Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the U.K
Multisig Failures Dominate as $3.1B Is Lost in Web3 Hacks in the First Half
A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.
Crypto Investors Lost $2.5B to Hacks and Scams in the First Half of 2025: Certik
The majority of incidents took place on the Ethereum network, followed by Bitcoin.
Australia Cracks Down on Crypto ATM Providers as Scammers Target the Elderly
Anti-money laundering regulator AUSTRAC obtained data showing that 72% of all crypto ATM transactions are carried out by people over the age of 50.
$302 Million Lost to Crypto Scams, Hacks, and Exploits in May: CertiK
The largest attack was the $225 million exploit of the Cetus Protocol.
Russian Police Arrest Suspect in $3.2M Illegal Mining Operation: Report
A similar mining scheme occurred in the region in 2022.
