Indian Police Bust Ahmedabad Man in $180K Crypto Scam: A Harsh Lesson for the Industry Indian authorities have struck a blow against cryptocurrency fraud by arresting Harshik Mukeshbhai Patel, a 26-year-old Ahmedabad resident, for orchestrating a scam that swindled victims out of Rs. 1.5 crore (roughly $180,000). This case, tied to a complaint from Kolkata, […]
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MoonPay Executives Lose $250K in Crypto Scam: Lessons for Bitcoin and Blockchain Security Two senior executives at MoonPay, a heavyweight in the cryptocurrency payments space, have been swindled out of $250,300 in a jaw-droppingly basic online scam. According to a US Department of Justice (DOJ) filing, the victims—believed to be CEO Ivan Soto-Wright and CFO […]
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A16Z’s X Account Hacked in Crypto Scam: A Stark Warning for Crypto and Social Media The verified X account of Andreessen Horowitz (a16z), a heavyweight venture capital firm in the tech and crypto space, was compromised on June 18, 2025. Hackers seized control to peddle a fraudulent cryptocurrency token, exploiting the trust of 851,000 followers […]
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New Zealand Man Arrested in $265 Million Crypto Scam A man from Wellington, New Zealand, has been caught in a global dragnet, exposing a $265 million crypto scam that spanned continents and highlighted the dark side of digital currency. The arrest, part of a multinational law enforcement operation, underscores both the potential for vast profits […]
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$265 Million Crypto Scam: New Zealand Man Arrested in FBI-Led Probe $265 million stolen from seven victims FBI-led international investigation Lavish spending on luxury goods and properties In a significant development, a Wellington-based man was arrested in Auckland as part of an FBI-led international investigation into a staggering $265 million cryptocurrency scam. This sophisticated operation, […]
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John Bollinger Warns Investors About Crypto Scam Impersonating Him John Bollinger, the mind behind Bollinger Bands, issues a stark warning: “Never, never accept solicitations on my behalf!” as a cunning crypto scam swindles victims out of thousands. John Bollinger warns about a scam using his name. Scammers operate under “Diamond Ridge Asset Management.” Victim reportedly […]
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Father-Son Duo Sentenced for $12M Crypto Scam Hugh Austin and his son Brandon have been sentenced to prison for masterminding a $12 million crypto scam that defrauded over two dozen investors. This case serves as a stark reminder of the dark side of the cryptocurrency market, where the promise of high returns can lure unsuspecting […]
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Hugh Austin Sentenced to 18 Years for $12m Crypto Scam Hugh Austin sentenced to 18 years for $12m crypto scam Over two dozen victims affected Funds misused for personal luxury Son, Brandon Austin, also sentenced Eugene William Austin Jr., better known as “Hugh Austin,” has been sentenced to 18 years in prison for orchestrating a […]
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South Korean Man Sentenced to Prison for $2 Million Crypto Scam – **Person A sentenced to three years in prison** – **$2.04 million defrauded through crypto scam** – **Scam operated from December 2021 to August 2023** The Scam Unveiled Losing over $2 million to a crypto scam promising guaranteed returns is a nightmare that became […]
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Maryland Woman Loses $3 Million in Crypto Pig Butchering Scam: FBI Warns of Rising Fraud A Maryland woman fell victim to a sophisticated “pig butchering” scam, losing a staggering $3 million. This case serves as a stark reminder of the dark side of the cryptocurrency world, where the promise of high returns can quickly turn […]
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