Scam Alerts

72 posts

UK Social Media Account Takeover Fraud Surges 400% as Criminals Impersonate Victims to Swindle Friends and Family

Official UK data reveals a 400% year-on-year jump in losses from email and social media account hijacking, with scammers exploiting trusted relationships to push fake ticket sales and fabricated emergencies. Authorities are urging immediate action to protect online credentials.

6 Oct 2026·992 views

Scam Alerts

$50 Million in Stolen Bitget Funds Intercepted: What Traders Need to Know About Cross-Chain Laundering Risks

NEAR Intents revealed its SHIELD system blocked over $50 million in attempted cross-chain transfers tied to the $387.5 million Bitget exploit, while THORChain maintained its no-censorship stance — a flashpoint that exposes critical vulnerabilities in the broader crypto infrastructure.

30 Sept 2026·3.9k views

Scam Alerts

NEAR Intents Intercepts $50 Million in Stolen Bitget Funds, Sparking Debate Over 'Permissionless' Crypto Infrastructure

A cross-chain swap protocol used its SHIELD monitoring system to freeze the bulk of $50 million in attempted transfers linked to the $388 million Bitget exchange hack, raising fresh questions about how far 'open' crypto services should go in blocking illicit activity.

30 Sept 2026·3.6k views

Scam Alerts

Bitget CEO Warns Traders: Full Recovery of $388M Hack Funds Likely Unlikely, Citing Bybit Precedent

Bitget CEO Gracy Chen told Cointelegraph she is "not very optimistic" about reclaiming the $388 million stolen in last week's breach, pointing to the Bybit hack as a cautionary benchmark where only 3.5% of stolen assets were ever frozen.

30 Sept 2026·2.4k views

Germany's Operation Heracles Shifts Focus to the Telecom Backbone of Trading Scams

German authorities have disabled nearly 14,000 phone numbers linked to cybertrading fraud, signalling a broader push to dismantle the 'Crime-as-a-Service' infrastructure that powers industrial-scale investment scams targeting retail investors.

29 Sept 2026·41k views

Scam Alerts

FCA Secures £851K in Confiscation Orders Against Crypto Cold-Call Scammers, but Recovery Remains Uncertain for 65+ Victims

The UK FCA has obtained confiscation orders totalling £851,402 from two convicted fraudsters who ran a fake cryptocurrency investment scheme via cold calls. While the recovery could offset roughly 55% of investors' combined £1.54 million in losses, the regulator cautions that funds have not yet been distributed.

29 Sept 2026·2.9k views

Scam Alerts

Coldcard Hardware Wallet Flaw Exposes 1,830 BTC: What Traders Need to Know

A critical entropy vulnerability in Coldcard hardware wallets put 1,830 BTC at risk of theft. White hat researchers rescued 52.37 BTC, but affected traders are urged to verify whether their funds were among those saved.

23 Sept 2026·10k views

Scam Alerts

Turkish Authorities Detain Tera Chairman Amid Multi-Billion-Dollar Fund Collapse Scandal

Turkish law enforcement has arrested Tera's chairman Emre Tezmen and four associates in connection with an ongoing probe into collapsed investment funds that erased billions in investor capital.

23 Sept 2026·8.3k views

Scam Alerts

Turkish Traders on Alert: 'Ponzi-Like Scheme' Sparks Widespread Concern on the Bosphorus

A trading scheme in Turkey described by The Financial Times as resembling a Ponzi structure has triggered a wave of alarm among investors and market observers, underscoring persistent risks in the forex and alternative-asset space.

23 Sept 2026·8.3k views

Scam Alerts

Turkish Authorities Detain Senior Finance Executives in Suspected Ponzi-Style Funds Scheme

Turkish law enforcement detained high-profile finance executives on Saturday amid a probe into a scheme described as 'ponzi-like,' underscoring ongoing risks for investors exposed to opaque fund structures.

20 Sept 2026·5.4k views

Scam Alerts

Revolut Confirms No Direct Hacker Contact Amid Competing Ransom Demands Over Customer Data Breach

Revolut has stated it received no direct communication from the parties publicly demanding ransom for stolen customer data, while multiple groups vie to claim responsibility for the breach and Italian authorities broaden their probe.

18 Sept 2026·10k views

Scam Alerts

Revolut Data Breach: $3M Ransom Demand Hits Crypto Customers After Government Email Impersonation Scam

Europe's largest fintech firm confirmed a sophisticated impersonation attack that exposed the personal data of roughly 680 cryptocurrency-holding customers, sparking a reported $3 million ransom threat and serious safety concerns among victims.

18 Sept 2026·8.6k views