Cryptocurrency Investment Scam
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Thane Man Loses Rs 27 Lakh In Cryptocurrency Scam
A 40-year-old man from Maharashtra's Thane district lost about Rs 27 lakh in a cryptocurrency investment scam after falling for "high" returns, a police official said on Friday.
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US Man, Seeking Affair, Loses Rs 12 Crore In Romance Scam: "She Was Very Beautiful"
The scam depleted his retirement and life savings by $1.4 million, with four cryptocurrency transactions made over six weeks.
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Cryptocurrency Stolen In Online Fraud Recovered From Foreign Wallet In Telangana
The Telangana Cyber Security Bureau has successfully recovered a substantial amount of cryptocurrency stolen in an online fraud.
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Luxembourg Labels Crypto Firms as High-Risk Entities for Money Laundering
Luxembourg, in its 2025 National Risk Assessment (NRA) report, the country said that crypto companies are at a high risk of being exploited by money launderers. The report also highlighted that human traffickers and migrant smugglers in the region are heavily relying on cryptocurrencies to accumulate, hold, and transfer illicit earnings.
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Fake Elon Musk's Mother Asks Retired Captain To Invest, Cleans Rs 72 Lakh
A gang of fraudsters duped a retired army Captain of Rs 72.16 lakh after promising to invest in Elon Musk's SpaceX and Tesla, and cryptocurrency, the police in Haryana's Faridabad said.
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Thane Man Loses Rs 47.47 Lakh In Cryptocurrency 'Investment' Scam
A 38-year-old man from Maharashtra's Thane district was allegedly duped of Rs 47.47 lakh by fraudsters who lured him to invest in cryptocurrency, police said on Monday.
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Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze $126 Million in Illicit Funds
This week, Tron confirmed that the T3 unit successfully retrieved and froze $126 million (roughly Rs. 1,081 crore) in crime-related funds. Established by Tron, Tether, and TRM Labs, the T3 financial crime unit was created to combat the criminal misuse of USDT on the Tron network.
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South Korea Arrests 215 On Suspicion Of $228 Million Crypto Scam
South Korean police have arrested 215 people on suspicion of stealing 320 billion won ($228.4 million) in the biggest cryptocurrency investment scam in the country.
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Crypto Fraud Increased 45 Percent in 2023 to $5.6 Billion, FBI Says
The FBI Internet Crime Complaint Center received nearly 69,500 complaints from consumers in the US and abroad last year. Call center frauds, such as government impersonation scams, accounted for about 10 percent of cryptocurrency losses.
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Crypto Scammers are Disguising as BlackRock Officials to Lure Potential Victims: Details
Crypto scammers have been found impersonating BlackRock officials to deceive their victims. In investment scams, fraudsters often use limited-time offers to pressure victims, making the lure of a substantial reward overshadow their better judgment. BlackRock has released an urgent warning to the crypto community.
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Crypto Romance Scams Rise in the US, FTC Issues Warning: Details
The FTC has reminded people that nobody can guarantee sure shot profits on crypto investments, given the volatile nature of these assets. As part of these rising crypto romance scams, the FTC has warned users about being promised no-risk investments and unconventional methods to wire funds online.
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Multiple Solana-Based Memecoins Abandoned After Presale Frenzy, Millions of Dollars Displaced: Report
Independent blockchain investigator ZachXBT has claimed that multiple memecoin projects that launched on the Solana blockchain, have now been abandoned. Collectively through pre-sale listings, these memecoins have raised an estimated $27 million (roughly Rs. 225 crore).
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FBI Issues Warning on Surge in Crypto Investment Scams, Reports 53 Percent Increase Over the Past Year
Crypto investment scams rose substantially last year. The FBI said it received 8,80,400 financial scam complaints last year with the amount of loss coming close to $12.5 billion (roughly Rs. 1,03,428 crore).
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CoinDCX Highlights Risk of Fraudulent Websites, Shares Safety Tips to Avoid Crypto Scams
CoinDXC is marking India’s Safer Internet Day with a campaign to spread awareness around potential crypto crimes. The campaign utilises various channels and formats including social media to educate users and new investors.
-
Binance Co-Founder Advises Caution to Crypto Investors, Notifies on Rising Listing Scams
Crypto token listing scams are on a rise. Through social networking platforms like LinkedIn and X, cyber criminals first identify members of the crypto community, analyse their investment patterns, and then reach out to those who are more likely to invest in newer tokens with hopes to hit a jackpot. Sometimes the scammers also reach out to crypto p...
-
Thane Man Loses Rs 27 Lakh In Cryptocurrency Scam
A 40-year-old man from Maharashtra's Thane district lost about Rs 27 lakh in a cryptocurrency investment scam after falling for "high" returns, a police official said on Friday.
-
US Man, Seeking Affair, Loses Rs 12 Crore In Romance Scam: "She Was Very Beautiful"
The scam depleted his retirement and life savings by $1.4 million, with four cryptocurrency transactions made over six weeks.
-
Cryptocurrency Stolen In Online Fraud Recovered From Foreign Wallet In Telangana
The Telangana Cyber Security Bureau has successfully recovered a substantial amount of cryptocurrency stolen in an online fraud.
-
Luxembourg Labels Crypto Firms as High-Risk Entities for Money Laundering
Luxembourg, in its 2025 National Risk Assessment (NRA) report, the country said that crypto companies are at a high risk of being exploited by money launderers. The report also highlighted that human traffickers and migrant smugglers in the region are heavily relying on cryptocurrencies to accumulate, hold, and transfer illicit earnings.
-
Fake Elon Musk's Mother Asks Retired Captain To Invest, Cleans Rs 72 Lakh
A gang of fraudsters duped a retired army Captain of Rs 72.16 lakh after promising to invest in Elon Musk's SpaceX and Tesla, and cryptocurrency, the police in Haryana's Faridabad said.
-
Thane Man Loses Rs 47.47 Lakh In Cryptocurrency 'Investment' Scam
A 38-year-old man from Maharashtra's Thane district was allegedly duped of Rs 47.47 lakh by fraudsters who lured him to invest in cryptocurrency, police said on Monday.
-
Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze $126 Million in Illicit Funds
This week, Tron confirmed that the T3 unit successfully retrieved and froze $126 million (roughly Rs. 1,081 crore) in crime-related funds. Established by Tron, Tether, and TRM Labs, the T3 financial crime unit was created to combat the criminal misuse of USDT on the Tron network.
-
South Korea Arrests 215 On Suspicion Of $228 Million Crypto Scam
South Korean police have arrested 215 people on suspicion of stealing 320 billion won ($228.4 million) in the biggest cryptocurrency investment scam in the country.
-
Crypto Fraud Increased 45 Percent in 2023 to $5.6 Billion, FBI Says
The FBI Internet Crime Complaint Center received nearly 69,500 complaints from consumers in the US and abroad last year. Call center frauds, such as government impersonation scams, accounted for about 10 percent of cryptocurrency losses.
-
Crypto Scammers are Disguising as BlackRock Officials to Lure Potential Victims: Details
Crypto scammers have been found impersonating BlackRock officials to deceive their victims. In investment scams, fraudsters often use limited-time offers to pressure victims, making the lure of a substantial reward overshadow their better judgment. BlackRock has released an urgent warning to the crypto community.
-
Crypto Romance Scams Rise in the US, FTC Issues Warning: Details
The FTC has reminded people that nobody can guarantee sure shot profits on crypto investments, given the volatile nature of these assets. As part of these rising crypto romance scams, the FTC has warned users about being promised no-risk investments and unconventional methods to wire funds online.
-
Multiple Solana-Based Memecoins Abandoned After Presale Frenzy, Millions of Dollars Displaced: Report
Independent blockchain investigator ZachXBT has claimed that multiple memecoin projects that launched on the Solana blockchain, have now been abandoned. Collectively through pre-sale listings, these memecoins have raised an estimated $27 million (roughly Rs. 225 crore).
-
FBI Issues Warning on Surge in Crypto Investment Scams, Reports 53 Percent Increase Over the Past Year
Crypto investment scams rose substantially last year. The FBI said it received 8,80,400 financial scam complaints last year with the amount of loss coming close to $12.5 billion (roughly Rs. 1,03,428 crore).
-
CoinDCX Highlights Risk of Fraudulent Websites, Shares Safety Tips to Avoid Crypto Scams
CoinDXC is marking India’s Safer Internet Day with a campaign to spread awareness around potential crypto crimes. The campaign utilises various channels and formats including social media to educate users and new investors.
-
Binance Co-Founder Advises Caution to Crypto Investors, Notifies on Rising Listing Scams
Crypto token listing scams are on a rise. Through social networking platforms like LinkedIn and X, cyber criminals first identify members of the crypto community, analyse their investment patterns, and then reach out to those who are more likely to invest in newer tokens with hopes to hit a jackpot. Sometimes the scammers also reach out to crypto p...
