Crypto Scams

12 stories
Crypto Scams addresses the mechanisms and consequences associated with crypto investment fraud, phishing wallet theft, and fake token schemes. Support impersonation has its own section; this category covers the broader fraud landscape, including fake investments, fraudulent tokens, phishing, romance schemes, giveaways, and social-engineering payment demands. Threats and controls are separated clearly, with recovery service fraud, scam loss prevention, and fake investment platforms used to explain exposure, mitigation, and residual risk. Relevant work links rug pull warning signs to social engineering attacks and fraudulent trading platforms, while treating giveaway scam tactics and romance investment scams as concrete factors in the outcome.

Crypto Security in 2026: How to Protect Your Digital Assets

Crypto theft in 2026 is driven by phishing, weak passwords, and compromised devices-not blockchain flaws. Learn how layered security, hardware wallets, and vigilant habits can reduce the risk of losing your cryptocurrency.

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Physical Crypto Thefts Top $30M in 2026 as France Faces Surge

Over $30 million in cryptocurrency was forcibly stolen in the first half of 2026, with France experiencing a sharp rise in violent attacks linked to leaked tax data and targeted family incidents

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Researchers Find Over 4,200 Malicious Smart Contracts Draining Crypto

A new study links thousands of deceptive smart contracts to millions in crypto losses, exposing how wallet simulations can mislead users and reroute funds to attackers across major blockchains

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Coldcard Firmware Bug Drains $89M From Bitcoin Wallets

A March 2021 Coldcard firmware flaw let attackers steal about 1,367 BTC worth roughly $89 million from thousands of addresses. Researchers say vulnerable wallets remain at risk and urge immediate fund moves

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Crypto Trading Risks That Can Wipe Out Capital

From liquidations and exchange freezes to private-key loss and DeFi hacks, crypto trading carries layered risks. Practical steps can reduce exposure without promising safety

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Ctrl Wallet Users Face Asset Loss Risk as App Shuts Down August 3

Ctrl Wallet will disable all crypto transactions and dApp access on August 3, 2026, leaving only recovery-phrase export. Users must act before the deadline to avoid losing access to their blockchain assets.

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US Targets $25M Crypto Tied to Five Fraud Rings

Federal civil forfeiture cases in Washington seek more than $25 million in cryptocurrency from international scam networks, lifting a DOJ strike force's total recoveries past $800 million

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Louisiana Law Lets Crypto ATM Users Demand Refunds From Unlicensed Operators

A new Louisiana law gives crypto ATM users the right to cancel transactions and claim full refunds if the operator lacked a state license at the time, with strict deadlines for operator response and payment. Fraud-related claims require police documentation.

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Flashcoin Scams Still Target Crypto Traders in 2026

Fake balances that vanish after a brief appearance keep tricking peer-to-peer buyers. Learn how confirmations, explorers, and pressure tactics separate real transfers from flashcoin fraud

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Fake Flare Network Site Drains $8.5M in XRP From Investors

A fraudulent staking website posing as Flare Network stole 3.4 million XRP from 71 investors in South Korea, with losses potentially exceeding $18 million as authorities investigate further victims and frozen assets.

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Thai Regulator Alleges Bitkub Hid $53M Crypto Theft to Avoid Panic

Thailand's SEC accuses Bitkub of concealing a $53 million crypto theft in 2021, raising questions about exchange transparency and user asset safety as the investigation continues

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Is XRP a Scam or Just Controversial Crypto Infrastructure

XRP faces ongoing regulatory scrutiny and concentration risks, but evidence does not support claims that it is a classic crypto scam. Here's how to distinguish facts from myths and assess the real risks for U.S. users and investors

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