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You Searched For "cryptocurrency scams" and got 19 results


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Top cryptocurrency scams of 2019 — and how most hackers got away with it

Like any heist, pulling off a successful scam in only part of the story. A truly successful cr…

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2 mins read

Cryptocurrency fraud is rampant. Here’s how to protect yourself as a crypto investor.

The Federal Trade Commission released a new report Monday on cryptocurrency fraud and tips to prote…

Annabelle Williams   


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Americans are losing more money to crypto scams than ever

Americans lost $5.6 billion to cryptocurrency scams in 2023, a 45% increase, the FBI said.

Kenneth Niemeyer   


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1 min read

Cryptocurrency scams using ATMs and QR codes are on the rise, the FBI warns

Criminals send victims to a cryptocurrency ATM to buy coins. Then the victims use a QR code associa…

Jason Ma   


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US investors reported over $50 million in losses from crypto scams to the Federal Trade Commission in the first quarter

US investors reported a roughly 80% increase in crypto scam losses since the fourth quarter of 2020…

Will Daniel   


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Revenue from crypto scams spike 81% to a near-record $7.7 billion in 2021, says Chainalysis

The surge was paced by a type of scam called "rug pulls," which is when developers unexpectedly aba…

Carla Mozée   


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A man in Germany said he fell for a fake Elon Musk crypto scam that cost him $560,000

A man in Germany was tricked into sending 10 bitcoins - worth more than $500,000 - believing that E…

Mia Jankowicz   


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3 mins read

Twitter is struggling to curb fake Elon Musk accounts promoting cryptocurrency scams

The scam itself is pretty simple: the scammer hacks a Twitter-verified account, changes the name to…

Sean Wolfe   


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An official Google account on Twitter was hacked by cryptocurrency scammers trying to convince people to send them bitcoin

Twitter is well aware of the cryptocurrency scam since reports first surfaced back in July, wh…

Paige Leskin   


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3 mins read

A new wave of robocallers are trying to scam crypto users here's how the scam works and how to stop it

These scams are particularly risky for cryptocurrency investors, as it's difficult to reclaim lost …

Madison Hall   


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3 mins read

Crypto scams are preying on vulnerable people. Many victims are deceived online, including an elderly woman who lost thousands.

An Indiana-based woman was only able to recover a fraction of the money she lost to a man who convi…

Zahra Tayeb   


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2 mins read

The most successful blockchain scams have ripped off nearly $14 million from victims to date, VPN company says

"Due to their nature, blockchain projects remain profitable targets to cybercriminals," says Atlas …

Carla Mozée   


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Elon Musk disses YouTube for 'nonstop scam ads' after threatening to walk away from Twitter purchase over bots

Over the past few years, YouTube has been hit with a series of cryptocurrency scams. In 2020, the c…

Grace Kay   


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1 min read

Crypto scams conned thousands of people out of over $1 billion since 2021, the most of any type of currency, according to new FTC report

About half of the more than 46,000 people who reported being the victim of a scam said it began wit…

Sarah Al-Arshani   


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Americans were catfished out of $547 million in 2021

Cryptocurrencies were increasingly used in romance scams, the Federal Trade Commission said. The me…

Ben Winck   


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Here's how much cryptocurrency scammers are making by ripping off 'greedy' investors

Anna Wu, the founder of Crypto Aware, told Business Insider: "Cryptocurrency is receiving more and …

Oscar Williams-Grut   


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Crypto scammers have been running ads on YouTube with fake endorsements from Elon Musk and Daniel Craig

Readers are told "Bitcoin Era", which has been widely rebuked as a scam on cryptocurrency forums on…

Martin Coulter   


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Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says

Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…

Isabelle Lee