Browsing: losses
Losses to romance baiting, or pig butchering, scams increased 40% year-on-year (YoY) in 2024 to comprise a third of total…
New Yorkers face escalating “pig butchering” investment scams draining life savings through fake crypto platforms, prompting Attorney General Letitia James…
A San Francisco man has lost more than $200,000 to crypto scammers after pooling the entire funds in a crypto…
Crypto investors faced a sharp increase in sophisticated “signature phishing” attacks in January, with losses jumping more than 200%. According…
Step Finance (STEP) announced that a security breach occurred in some treasury wallets hours ago. The project team stated that…
Bitcoin’s drop below $80,000 has pushed a significant portion of U.S. spot buyers of BTC exchange-traded funds (ETFs) to $7…
Spot ETF investors are now sitting on paper losses, which sets the stage for potential large redemptions. Source link
Cryptocurrency-related fraud losses hit record highs last year, thanks in part to AI tooling and sophisticated Asian crime networks, according…
UK financial authorities are taking steps to combat the surge in authorized push payment (APP) fraud, a persistent threat that…
Scams facilitated on BNB Smart Chain (BSC) decreased from $55.4 million in the second quarter of 2023 to $13.6 million…