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Iran Tackles Unauthorised Crypto Mining After 95 Percent of Bitcoin Mining Devices Found Operating Illegally
Iran’s electricity regulator has revealed that 95 percent of the country’s 427,000 Bitcoin mining machines operate without licences, consuming over 1,400 megawatts of subsidised power daily. Authorities have shut down 104 illegal farms and seized 1,465 devices in Tehran Province alone. A new public-reporting scheme offers cash rewards to citize...
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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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Crime Or Clever Trading? MIT-Educated Brothers Face Trial For $25 Million Crypto Heist
The defense argues that the brothers simply outsmarted "predatory" automated trading bots, which is fair game in the crypto world.
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Raids In Multi-Crore Tech Support Scam, Crypto Trail Worth Millions Uncovered
In a major crackdown on a global online fraud racket, the Enforcement Directorate (ED) today carried out search operations at 15 locations.
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Inside World's Biggest Bitcoin Bust: How A Chinese Woman Laundered $6.7 Billion
The case led to the world's largest bitcoin seizure, with UK police confiscating assets worth $6.7 billion.
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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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Experts Warn Against Crypto Tokens Linked to Charlie Kirk Amidst Backlash, Volatility
Tokens linked to Charlie Kirk’s death surged over 53,000 percent in hours, but backlash followed with a protest token and an X community condemning the trend. Experts warn that such coins remain speculative, with Binance noting 97 percent of memecoins fail shortly after launch, raising collapse risks.
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Japan’s Financial Services Agency Mulls Crypto Regulation Under FIEA
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial Sy...
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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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Raids Underway Across 4 Cities In Rs 260 Crore Global Cyber Fraud Case
In a major crackdown on an international cyber fraud racket, the Enforcement Directorate (ED) is conducting extensive search operations at 11 locations across Delhi, Noida, Gurugram, and Dehradun.
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How Scammers Tricked Mexican Billionaire Out Of Rs 3,491 Crore: "I Feel Like An Absolute Idiot"
One of the scammers impersonated a descendant of 19th-century fur trader John Jacob Astor.
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Crackdown On Cybercrime Busted Work-From-Home Racket In Delhi, 4 Arrested
In a major crackdown on cybercrime, the Delhi Police have busted a work-from-home job fraud syndicate and arrested four individuals accused of duping a man of Rs 17.49 lakh through a sophisticated online scam involving cryptocurrency.
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Fake Call Centre Scammed Foreigners, Busted. Assets Attached By Enforcement Directorate
The Patna zonal office of the Enforcement Directorate (ED) has provisionally attached movable and immovable properties worth approximately Rs 2.83 crore under the Prevention of Money Laundering Act (PMLA), 2002.
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Crypto Scams Cost Investors $4.6 Billion in 2024, Social Engineering Attacks Surge: Bitget
Bitget’s 2025 Anti-Scam Research Report estimates that global crypto scams led to losses of $4.6 billion (roughly Rs. 39,364 crore) in 2024. CEO Gracy Chen noted that AI has made these scams faster, cheaper, and more difficult to detect.
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Australia Limits Crypto ATM Transactions to AUD 5,000 in Bid to Curb Scams, Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
-
Iran Tackles Unauthorised Crypto Mining After 95 Percent of Bitcoin Mining Devices Found Operating Illegally
Iran’s electricity regulator has revealed that 95 percent of the country’s 427,000 Bitcoin mining machines operate without licences, consuming over 1,400 megawatts of subsidised power daily. Authorities have shut down 104 illegal farms and seized 1,465 devices in Tehran Province alone. A new public-reporting scheme offers cash rewards to citize...
-
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.
-
Crime Or Clever Trading? MIT-Educated Brothers Face Trial For $25 Million Crypto Heist
The defense argues that the brothers simply outsmarted "predatory" automated trading bots, which is fair game in the crypto world.
-
Raids In Multi-Crore Tech Support Scam, Crypto Trail Worth Millions Uncovered
In a major crackdown on a global online fraud racket, the Enforcement Directorate (ED) today carried out search operations at 15 locations.
-
Inside World's Biggest Bitcoin Bust: How A Chinese Woman Laundered $6.7 Billion
The case led to the world's largest bitcoin seizure, with UK police confiscating assets worth $6.7 billion.
-
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.
-
Experts Warn Against Crypto Tokens Linked to Charlie Kirk Amidst Backlash, Volatility
Tokens linked to Charlie Kirk’s death surged over 53,000 percent in hours, but backlash followed with a protest token and an X community condemning the trend. Experts warn that such coins remain speculative, with Binance noting 97 percent of memecoins fail shortly after launch, raising collapse risks.
-
Japan’s Financial Services Agency Mulls Crypto Regulation Under FIEA
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial Sy...
-
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.
-
Raids Underway Across 4 Cities In Rs 260 Crore Global Cyber Fraud Case
In a major crackdown on an international cyber fraud racket, the Enforcement Directorate (ED) is conducting extensive search operations at 11 locations across Delhi, Noida, Gurugram, and Dehradun.
-
How Scammers Tricked Mexican Billionaire Out Of Rs 3,491 Crore: "I Feel Like An Absolute Idiot"
One of the scammers impersonated a descendant of 19th-century fur trader John Jacob Astor.
-
Crackdown On Cybercrime Busted Work-From-Home Racket In Delhi, 4 Arrested
In a major crackdown on cybercrime, the Delhi Police have busted a work-from-home job fraud syndicate and arrested four individuals accused of duping a man of Rs 17.49 lakh through a sophisticated online scam involving cryptocurrency.
-
Fake Call Centre Scammed Foreigners, Busted. Assets Attached By Enforcement Directorate
The Patna zonal office of the Enforcement Directorate (ED) has provisionally attached movable and immovable properties worth approximately Rs 2.83 crore under the Prevention of Money Laundering Act (PMLA), 2002.
-
Crypto Scams Cost Investors $4.6 Billion in 2024, Social Engineering Attacks Surge: Bitget
Bitget’s 2025 Anti-Scam Research Report estimates that global crypto scams led to losses of $4.6 billion (roughly Rs. 39,364 crore) in 2024. CEO Gracy Chen noted that AI has made these scams faster, cheaper, and more difficult to detect.
-
Australia Limits Crypto ATM Transactions to AUD 5,000 in Bid to Curb Scams, Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
