Crypto Crimes
Revolut Thwarts $590 Million in Fraud, Protecting $13.5 Million from Crypto Scams
Revolut, the UK-based fintech giant, has made significant strides in protecting its customers from cryptocurrency fraud, preventing $13.5 million in potential losses over...
M.T. Oyelowo9 October 2024, 7:55 AM WAT
Banana Gun Pledges Full Refund After $3M Attack, No Token Sale for Recovery
Banana Gun, a leading crypto trading bot platform on Telegram, has announced it will fully compensate customers affected by a recent breach that...
Gideonjerry Attah26 September 2024, 10:24 PM WAT
Google Support Impersonation: Duo Arrested in Massive $243 Million Crypto Scam
Two individuals have been apprehended in connection with a Google support impersonation scam that resulted in the theft of over $240 million in...
Khalid Lawal20 September 2024, 6:22 AM WAT
DeltaPrime Lose Almost $6 Million in Liquidity Pool Funds
As blockchain platforms continue to reinforce security systems, recent hacking attacks in the decentralized world are motivating more platforms to find even more...
Gideonjerry Attah19 September 2024, 6:32 AM WAT
Cryptocurrency Crackdowns: From Financial Fraud to Drug Smuggling
Cryptocurrency, once hailed as a revolutionary tool for financial freedom, has increasingly been scrutinized for its role in facilitating illegal activities. These developments...
M.T. Oyelowo14 September 2024, 5:57 PM WAT
Hacker Breaches Penpie’s Security Protocol to Steal Roughly $27.3 Million in Assets
As several crypto and DeFi companies around the world continue to intensify security measures aiming to reduce the risk of cyberattacks, Penpie’s recent...
Gideonjerry Attah8 September 2024, 11:57 AM WAT
Four Suspects Face 12-Year Jail Terms in Ukraine for Crypto Extortion
As the crypto world continues to evolve, offering more opportunities to individuals, corporate firms, and governments, criminal groups are also trying to capitalize...
Gideonjerry Attah3 September 2024, 10:33 PM WAT
The Growing Threat of Illicit Activity in the Cash-to-Crypto Industry: A Global Regulatory Response
The cryptocurrency industry has often been a double-edged sword, providing financial inclusion and innovative solutions but still poses significant risks due to its...
M.T. Oyelowo2 September 2024, 10:42 PM WAT
August Sees Massive Crypto Losses, Totaling Over $300 Million
In August 2024, the cryptocurrency sector witnessed a significant spike in losses due to various malicious activities, including exploits, hacks, scams, and flash...
M.T. Oyelowo2 September 2024, 10:02 PM WAT
$205K in Stolen Cryptocurrency Repatriated to Users, More Expected
A stolen Bitcoin, previously reported to be dispersed across different exchanges and traced by ZachXBT, is now being repatriated to the original owners...
Olayode Yusuff27 August 2024, 4:10 PM WAT
